About Zong Qinghou:
Zong Qinghou is a Chinese entrepreneur, founder, Chairman and CEO of the Hangzhou Wahaha Group, the leading beverage company in China. He was ranked as China's richest man of 2012 and second-richest man of 2013, according to the China Rich List, published by Hurun Report. On the Global Rich List, he is 35th richest man in the world, with an estimated net worth of US$20 billion., Zong is a delegate to the Chinese National People's Congress.
The U.S. and European markets have become mature, profit margins are lower, and equipment isn't so new. Because profits are relatively low, it limits the willingness of companies to invest in newer equipment.Zong Qinghou
We are working to understand the tastes of people born in the 1980s and 1990s - it is very different from my generation. We do our own research. Marketing research companies, I think, are relatively academic.Zong Qinghou