this incident really caused quite a stir in the first half of this year. In short, Danone Company of France wants to forcibly acquire 51% shares of other non-joint venture companies with total assets of 5.6 billion yuan and profit of 1.4 billion yuan in 26 at a low price of 4 billion yuan.

As the head of Wahaha, Zong Qinghou was angry, of course. It is said that Danone was able to make this request with confidence this time because he had set a trap for Zong Qinghou ten years ago. At that time, the two sides signed a trademark use contract, including such a clause that "China can use the (Wahaha) trademark in the production and sales of other products in the future, and these product projects have been submitted to the board of directors of Wahaha and its joint venture for consideration ..." Simply put, this clause means that Wahaha needs the consent of Danone or a joint venture with it to use its own trademark to produce and sell products. After signing, Zong Qinghou established a number of companies that had no joint venture relationship with Danone. By 26, the total assets of these companies had reached 5.6 billion yuan, and the profits of that year reached 1.4 billion yuan. Danone was jealous, so he asked for the forced acquisition of these companies, which were established by Wahaha employees and had no joint venture relationship with Danone, on the grounds that Wahaha Group "should not allow any other party to use the trademark except Wahaha Danone Joint Venture Company" in the trademark use contract of that year.

these are the main causes and effects. At present, the latest development is that Wahaha has responded to Danone's arbitration and litigation in Europe and the United States at the same time, and lawyers from both sides have entered the stage of collecting evidence.