Comrade Zong Qinghou, the founder and chairman of Wahaha Group, passed away at 10:30 on February 25, 2024 at the age of 79 due to ineffective treatment. As the first generation of Zhejiang businessmen since the reform and opening up, he started from scratch at the aged of 42.

While running a good business, he also does not forget to shoulder social responsibilities, is enthusiastic about charity and public welfare. He once emphasized: The richest man is just a false name; sharing wealth is meaningful.