Cooking, Food & Wine

Chairman Zong wahaha group this year to start a new business based on the retail, corporate finance and plan to use this new business listing.

wahaha Group Chairman Zong wahaha confirmed restart listing. He said in an interview with finance new reporter on March 7, wahaha group this year would be to start a new busithe retail, this new business will eventually be listed company financing.

wahaha group has been listed in past attempts have failed in listing plans after a long period of time is lifted. According to the fiscal deficit new reporters understand, from the beginning of last year, Zong began to plan and prepare for a new business company, through the market for new business restart plan has always been circulated within the wahaha group.

Zong insisted on bullish on retail markets, hoping to achieve new growth through its controlling terminal. He finance new reporters, new business management team has basically been completed, will start from the Zhejiang Province key start "will start this year", starting after considering this business listing.

according to wahaha business expansion plans, "three" respectively in the cities-building to "wahaha" named shopping centre, county-level cities built large supermarkets, township-level districts built supermarket.

because of wahaha Danone joint venture partners have several years of joint venture disputes, this time Mr Zong is not familiar with from beverage industry to enter the retail business, choice of partners is essential.

Zong said, development of new joint venture company does not exclude, but he stressed that the new company will remain in the wahaha group holdings.