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Sponsor Summary
The Hangzhou Wahaha Group Co., Ltd. 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". Wahaha has roughly 150 subsidiary companies and 60 manufacturing bases scattered throughout China. Wahaha employs about 60,000 staff.[2] 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 (???), who exercises operational control over the day to day operations. Wahaha branded products include milk drinks (19%), soft drinks, bottled water (43%), bottled tea (19%), fruit juice (13%), porridges and its flagship yoghurt beverages (7%).
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