Documentary The charitable donations of the founders of Wahaha and Nongfu Spring, two industry giant

Mondo Social Updated on 2024-03-07

Philanthropists are often considered the pinnacle of entrepreneurship. Charity activities are not only the social wealth of entrepreneurs and the feedback to the society, but also reflect the social responsibility of entrepreneurs. In addition, philanthropy can also influence and inspire others, create more opportunities and hope for society, and solve social problems. This is not only the embodiment of the social value and conscience of entrepreneurs, but also their most worthy of showing off their "wealth". Chen Guangbiao, an entrepreneur and philanthropist, once proudly declared: "My goal is to do good deeds in a high-profile manner, and if you don't accept my actions, we will compete for the honorary title of 'China's first benevolent'".

Of course, there are also a large number of entrepreneurs who are deeply committed to philanthropy in a relatively low-key environment. Recently, people often mention Wahaha and Nongfu Spring, two industry giants, whose founders are Zong Qinghou and Zhong Zhang, respectively. For many years, they have been committed to fulfilling their social responsibilities through charitable giving. Here are two entrepreneurs I looked up about charitable giving, and if there are any mistakes, please correct them.

Zong Qinghou, chairman and general manager of Wahaha Group, currently has a market capitalization of $6 billion, ranking 512th in the world and 59th in China. The cumulative amount of charitable donations is as high as 7500 million yuan. According to incomplete statistics, the situation of charitable donations can be basically described as follows:

1.In 2008, Wahaha Group generously donated more than 15 million yuan in funds and materials to the disaster-stricken areas, creating 1,500 jobs for local people.

2.During the 2020 pandemic, Wahaha Group donated 10 million yuan and more than 8 million yuan worth of drinking water, eight-treasure porridge and other materials.

3.So far in 2023, Wahaha Group has donated a total of 134.6 billion yuan, helping more than 50,000 financially disadvantaged students realize their "college dreams".

4.Wahaha Group generously donated 240,000 bottles of water and 60,000 cans of eight-treasure porridge due to the floods in Henan.

5.In 2023, Wahaha Group urgently allocated 48,000 bottles of purified water to the disaster-stricken areas in Zhuozhou, Hebei Province.

Personal honor record: In 2013, Zong Qinghou won the top honor in the field of public welfare and charity - the "China Charity Award" issued by the Ministry of Civil Affairs; In 2022, he was awarded the "Zhejiang Charity Award", the highest honor in the field of charity in Zhejiang Province.

Zhong Sui is the chairman and general manager of Nongfu Spring Co., Ltd., and also the chairman of Yangshengtang. With a current market capitalization of $61.3 billion, it ranks 22nd in the world in terms of net worth, while it only ranks first in China. The exact details of the cumulative charitable donations are not yet known, but according to the incomplete statistics, the actual situation of charitable donations may be much more than the following statistics:

1.In a disaster, Nongfu Spring donated 10 million yuan to the affected areas, including 5 million yuan in cash and 5 million yuan worth of mineral water.

2.In 2006, more than 5 million yuan was donated to the "Drinking Water and Thinking of the Source" student assistance activity by withdrawing a penny for every bottle of water sold, of which 7,563 yuan was obtained through charity sales.

3.In the 1998 Yangtze River flood, it donated 1.6 million yuan to the China Charity Federation and donated 1 million yuan to Beijing's bid to host the Olympic Games, and also launched the Sunshine Project, sponsoring sports equipment worth 5.05 million yuan.

4.When Chongqing and other places were hit by a severe drought, they donated 10,000 boxes of water to the affected areas, and donated 100,000 yuan worth of supplies when Cangnan County, Wenzhou, Zhejiang Province, was hit by a typhoon.

5.Nongfu Spring's parent company, Yangshengtang, donated 300,000 yuan to the "Spring Breeze Action" in Hangzhou's West Lake District.

Public concern about the floods in Henan: Thanks to the donation of 20,000 boxes of mineral water, this has sparked a wide discussion in society.

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