The richest man Zhong Sui was exposed on a large number of networks, revealing the past of Zhong Sui

Mondo Finance Updated on 2024-03-06

After the death of Zong Lao, in addition to his ** person Zong Fuli, there is another figure who has also become the focus of public attention, he is the founder of Nongfu Spring, Zhong Sui.

Who is Zhong Sui? Holding two listed companies, Nongfu Spring and Wantai Biotechnology, his net worth surpasses Ma Yun and Ma Huateng, and he has been the richest man in China for many times.

However, after the death of the elder Zong, a large amount of black material about Zhong Sui suddenly broke out on the Internet, which made Zhong Sui suddenly become the target of public criticism.

Even if Zhong himself came forward to clarify in person, it would be to no avail.

So, what kind of grievances and entanglements are there between Zhong Sui and Zong Qinghou that make netizens so resentful of Zhong Sui?

1. Zhong Sui's entrepreneurial process

This matter still has to start with Zhong Sui's entrepreneurial road.

In 1954, Zhong was born in an intellectual family in Hangzhou, Zhejiang, and his father worked in the Zhejiang Federation of Literary and Art Circles in his early years.

Due to various factors, Zhong was forced to drop out of school after only reaching the fifth grade of primary school, and worked as a plasterer and carpenter in Jiaxing and other places for many years.

In 1977, Zhong took the first college entrance examination after the recovery and failed; In the second year, I took the exam again, but I still failed. In the end, Zhong went to study at Zhejiang Open University, which had just been established in 1979.

After graduation, with the help of his father, Zhong Sui entered the Zhejiang Federation of Literary and Art Circles and worked as a reporter in "Zhejiang **" for 5 years. The highlight moment of Zhong Sui was that his article was successfully cited by the people and began to become famous.

In 1988, the spring breeze blew all over the South China Sea, and Zhong chose to resign and go to the sea to start a business in Hainan.

When he first arrived in Hainan, Zhong still wanted to engage in his old business, so he founded a private weekly magazine named Pacific Post. However, when the first weekly article was issued, it was forcibly suspended.

After the failure of the journal start-up, Zhong began to change careers. Anxious to achieve results due to a lot of debt, Zhong learned from a friend that the cultivation industry was developing rapidly, so he began to grow mushrooms.

However, the mushrooms he had grown failed again.

At that time, Hainan's real estate had just been liberalized, and infrastructure was in full swing. The keen Zhong Sui sensed that the outbreak of real estate would inevitably lead to the outbreak of related industries, so he established Dacheng Curtain Company to transport the curtain cloth produced in Hangzhou to Hainan for sale.

This time, the curtain business finally made Zhong Sui improve, and the debt problem improved significantly.

The curtain business is still going on, and Zhong Sui has started the aquaculture industry and raised shrimp. However, the shrimp raised by Zhong was hit by the dumping of shrimp at low prices in Southeast Asia, and finally ended in failure.

It is worth noting that after the success of Zhong's curtain business, the time was already 1991. At this time, Zhong Sui finally had the opportunity to meet Zong Qinghou.

When visiting Zong Qinghou, it happened that Zong Qinghou had acquired a cannery, and the two sides talked freely in the cannery. Zhong presented the idea of "Eight Treasure Porridge" to Zong Qinghou, and Zong Qinghou successfully adopted it, which is why Wahaha's Eight Treasure Porridge series products are available.

Zong Qinghou gave back to Zhong Sui for the best sales rights of Wahaha in Guangxi and Hainan. After Zhong Sui got the first right, the sales began to make a profit as soon as they were rolled out.

However, Zhong soon found that due to the differences in various places, Wahaha in Guangdong was significantly higher than that in Hainan. So, Zhong had a plan to ship the Wahaha he sold in Hainan to Guangdong for sale.

Just do it, Zhong Sui's trick has earned profits far beyond the sales in Guangxi and Hainan. However, this also angered the dealers in Guangdong and made trouble at the headquarters. In the end, Zong Qinghou could only cancel Zhong Sui's Wahaha sales right.

In 1993, Zhong found a new business opportunity in Hainan - the soup made of turtles and turtles that every table of guests would order. So, Zhong Sui set up a health hall and started a health pill business.

In 1996, the most special year, Zhong began to set his sights on the drinking water business.

This year, Wahaha formed a joint venture with Danone of France to enter the drinking water track; Zhong Sui successfully won the exclusive right to develop Qiandao Lake water, and established Zhejiang Qiandao Lake Health Hall in September

The path chosen by Wahaha is pure water; Zhong Sui, on the other hand, found another way and played the concept of "natural water", and the two sides began to compete head-on.

At that time, Zhong held a press conference, publicly declaring that pure water is not good for health, and Nongfu Spring no longer produces pure water, only natural water.

At the same time, related experiments were also broadcast on TV - the death of a mouse who drank pure water for a long time; Daffodils grown in pure water, stunted growth, etc.

This has led to a huge impact on the purified water industry. A month later, 96 pure water industries such as Wahaha and Robust collectively sued Nongfu Spring, and Nongfu Spring lost the lawsuit and was fined 200,000 yuan.

However, Nongfu Spring has become a household name, and "we don't produce water, we are just nature's porters" has become a widely circulated advertising slogan. Nongfu Spring has successfully occupied the market with its super marketing ability and has developed very rapidly.

With the success of Nongfu Spring and Yangshengtang, in 2001, Zhong Sui acquired Wantai Biology, which was on the verge of bankruptcy, and began to enter the field of biomedicine.

On April 29, 2019, Wantai Biotech was listed; On September 8, 2020, Nongfu Spring was listed.

In 2021, Zhong Sui, who holds two listed companies, will officially become the richest man in China. In 2022 and 2023, he will be the richest man in China for a consecutive year.

Back to the topic, it's time to talk about the grievances between Zhong Sui and Zong Qinghou.

2. The farmer and the snake?

Some netizens broke the news that Zhong Sui named Nongfu Spring to make it clear that he staged a scene between a farmer and a snake, earned the first pot of gold in Wahaha, and turned his head to backstab Wahaha; Nongfu Spring's dealers are not allowed to distribute Wahaha, which is Nongfu Spring's "order".

Some netizens broke the news that Zhong's son is already an American citizen, but he holds an important position in Nongfu Spring; Nongfu Spring also has a shareholder of a Japanese company behind it, which is a Japanese company that discharges nuclear wastewater, and Nongfu Spring has also launched a Fukushima dawn white peach-flavored drink, which is produced in Fukushima Prefecture, Japan.

Let's take a look at the shareholding structure of Nongfu Spring, Zhong Sui, as the founder, has a shareholding ratio of up to 5398% in absolute control; There are also foreign-funded enterprises behind the shareholders, but the proportion is not enough to affect Zhong.

Therefore, for the shareholders of Nongfu Spring, the president believes that it is possible, joint ventures are common, but the impact is not so great, and foreign capital is not enough to control Zhong.

Regarding the issue of Zhong Sui's son being an American nationality, it is not unusual for a domestic entrepreneur to send his son to the United States to study, and it is not uncommon for him to change his nationality.

The president came to talk about whether Zhong had the problem of backstabbing Zong Qinghou.

It is a fact that Zhong made money in Wahaha; It is also a fact that Zhong set up Nongfu Spring to compete with Wahaha; It is a fact that Zhong has never served in Wahaha.

Therefore, the president believes that the relationship between Zhong Sui and Zong Qinghou should not be overestimated, the two were just a small cooperative relationship in the early stage, and they parted ways when the cooperation went wrong.

As for the establishment of Nongfu Spring to compete with Wahaha, without Nongfu Spring, there will be other drinking water companies to compete, Zhong just took the opportunity to discover this business opportunity, and just did it.

The first pot of gold Zhong Sui's success is not ** Yu Zongqinghou, but ** because of his strong background, even if Zhong Sui does not start a business, he can become a "dragon and phoenix among people".

Haven't you noticed that Zhong Sui's entrepreneurship has just made a little improvement, and a little-known entrepreneurial post-graduate can directly visit the founder of Wahaha.

In 1996, Zhong was able to win the exclusive development right of Qiandao Lake in Zhejiang!

This is Qiandao Lake in Zhejiang.

Also, in the process of Zhong Sui going to the sea to start a business, he failed many times, but he was always able to fail again and again. After incurring a lot of debts, he was able to continue to start a business, and only after experiencing countless entrepreneurial tribulations did he succeed.

The people who support Zhong Zhang's entrepreneurship are the real power!

Therefore, after Zhong Sui got the first pot of gold in Wahaha and backstabbed Zong Qing, netizens' words were a bit indiscriminate.

The president believes that Zong Qinghou is not a farmer, and Zhong Sui is not the rescued snake, and there is only one inconspicuous cooperation between the two.

If someone else won the exclusive right to develop Qiandao Lake in 1996, he would have had the opportunity to establish a drinking water company, grow into a leading enterprise in the drinking water industry, and become the richest man in China in 2021.

However, it is a fact that Zhong Sui framed the harm of pure water, causing dozens of pure water companies to suffer losses; It is a fact that Wahaha pure water suddenly disappeared from the dealer's container.

In this process, it cannot be said that Zhong Sui is not at fault, and the anger of netizens is understandable.

Now, due to the surging public opinion, Nongfu Spring's sales have also been greatly affected.

According to the official data of Nongfu Spring***, since February 28, the sales volume of Nongfu Spring has been 5 consecutive days**, with a drop of up to 90%!

Nongfu Spring's share price also fell by about 7% for three consecutive days.

Zhong's clarification not only had no effect, but caused the opposite effect, making netizens more and more angry.

After all, Zhong Sui's fault has to be solved by himself, so that he can give netizens an explanation. Otherwise, Nongfu Spring may encounter an unprecedented crisis, and it will plummet in the drinking water track, allowing Cestbon, Baisui Mountain, and Wahaha to take advantage of the opportunity to rise.

Compared with Zhong Sui, it highlights how valuable an entrepreneur like Zong Qinghou is!

Related Pages