Hangzhou Wahaha Group
Chinese beverage production group / From Wikipedia, the free encyclopedia
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This article is about the Chinese holding company. For the Sino-French joint venture, see Wahaha Joint Venture Company.
The Hangzhou Wahaha Group Co., Ltd. (WHH; Chinese: 杭州娃哈哈集团有限公司) is a private group of companies, and the largest beverage producer in China.[1] The company is headquartered in Hangzhou, Zhejiang province. "Wa ha ha" signifies "laughing child".[2]: 76
Quick Facts Company type, Industry ...
Company type | Privately held company |
---|---|
Industry | Food |
Founded | 1987 |
Headquarters | Hangzhou, Zhejiang, China |
Key people | Zong Qinghou, Chairman & CEO |
Products | Dairy products, water, soft drinks |
Revenue | RMB 67.8 billion (2011) |
RMB 3.2 billion (2006) | |
Number of employees | 30,000 |
Website | en.wahaha.com.cn |
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Wahaha has roughly 150 subsidiary companies and 60 manufacturing bases scattered throughout China. Wahaha employs about 60,000 staff.[3]
The company was originally a local government owned sales company founded in 1987–8. For most of the time since creation, it has been run by Zong Qinghou (宗庆后), who exercised operational control over the day-to-day operations.