Beijing Huiyuan Food & Beverage Co., Ltd. ("Beijing Huiyuan") has escalated its conflict with its major shareholder once again. Recently, Beijing Huiyuan issued a statement alleging that major shareholder Zhuji Wensheng Hui provided false materials and illegally forged company seals to apply for the dismissal of a contract dispute case between the two parties. This marks the third statement Beijing Huiyuan has released regarding its major shareholder. Previously, the company had accused Zhuji Wensheng Hui of defaulting on 850 million yuan in investment commitments, abusing control rights, and forcibly muting employee supervisors during meetings. The escalating conflict between both parties has created turmoil that has spread to market operations. Beijing Huiyuan claims that the major shareholder's interference with company operations has led to widespread stock shortages across major e-commerce platforms.

**Beijing Huiyuan Issues Third Statement Alleging Shareholder Forged Company Seals**

In the statement, Beijing Huiyuan accused Wensheng Assets and Zhuji Wensheng Hui of providing false materials and illegally forging Huiyuan's company seal, using it to apply to Beijing No.1 Intermediate People's Court for dismissal of a contract dispute case filed on August 1, 2025. Beijing Huiyuan stated that the company never withdrew the lawsuit. "The company seal was obtained by Wensheng Assets and Zhuji Wensheng Hui through false loss reporting information, deceiving the industrial and commercial authorities. The company does not acknowledge this and reported it to police immediately upon discovery."

The aforementioned contract dispute case relates to Zhuji Wensheng Hui's overdue capital contributions. Previously, on August 9, Beijing Huiyuan issued a public letter stating that 850 million yuan of Zhuji Wensheng Hui's promised total investment of 1.6 billion yuan has been overdue for more than a year, and remains unpaid despite 11 collection attempts by Beijing Huiyuan.

Court records from Beijing No.1 Intermediate People's Court show that plaintiff Beijing Huiyuan submitted a withdrawal application to the court on September 1, which the court subsequently approved. According to the statement, it was not Beijing Huiyuan that withdrew the lawsuit, but rather Zhuji Wensheng Hui "impersonating" the former's name to do so.

Beijing Huiyuan also stated that Wensheng Assets and Zhuji Wensheng Hui's provision of false information to process seals and certificates is under investigation by the Market Supervision Administration. Notably, this statement included scanned documents with official seals attached, unlike previous public statements that did not display stamped documents.

Attempts to contact Wensheng Hui Investment and Beijing Huiyuan on September 14 were unsuccessful as of publication.

**Tmall and JD.com Huiyuan Flagship Stores Experience Stock Shortages; Response: Store Upgrade and Adjustment**

The escalating conflict between Beijing Huiyuan and its major shareholder has affected market operations. Beijing Huiyuan mentioned in its statement that the major shareholder's interference with company operations has caused widespread stock shortages across major e-commerce platforms.

On September 14, searches on Tmall, JD.com, and other platforms revealed that Huiyuan's official flagship stores were unable to process orders. Tmall's Huiyuan official flagship store currently has two products for sale, but ordering attempts resulted in notifications stating "this product is not available for sale in the current region." Multiple city addresses were tested, but orders still could not be placed.

All products in JD.com's Huiyuan official flagship store were marked as "out of stock." Customer service representatives from both stores responded that "the store is undergoing upgrades and adjustments, and products will be restocked as soon as possible."

Enterprise search records show that both Huiyuan official flagship stores are associated with Beijing Huiyuan Food & Beverage Co., Ltd. Beijing Sales Center. Attempts to contact the company on September 14 received no response as of publication.

On the Douyin platform, Huiyuan's official flagship store products appear available for normal ordering, with the store conducting live broadcasts. Other Huiyuan distributor channel stores have not shown stock shortages or ordering issues.

**Escalating Conflict with Major Shareholder; Expert: Internal Disputes Need Proper Resolution**

Reviewing the conflict between Beijing Huiyuan and its major shareholder, more than a month has passed since the first public letter was issued. On August 9, Beijing Huiyuan issued a public letter targeting major shareholder Zhuji Wensheng Hui, stating that 850 million yuan of promised investment amounts were overdue by more than a year and remained unpaid despite 11 collection attempts. Zhuji Wensheng Hui was also questioned for "false capital contribution."

Beijing Huiyuan stated in the public letter that approximately 650 million yuan of investment funds actually paid by Zhuji Wensheng Hui were in a "dormant account" status, entirely controlled by Zhuji Wensheng Hui and not invested in Beijing Huiyuan's production and business activities.

Beijing Huiyuan also pointed out that Zhuji Wensheng Hui abused control rights, potentially harming minority shareholders and creditor interests, calling on all shareholders and creditors to legally protect their rights. Some netizens questioned whether Zhuji Wensheng Hui was "getting something for nothing," gaining control of the company with severely insufficient capital contribution while demanding substantial benefits.

On August 15, Beijing Huiyuan issued a statement in the name of the Trade Union Committee, claiming that major shareholder Zhuji Wensheng Hui held a temporary shareholders' meeting at its office on August 11, conducting unilateral voting. When Beijing Huiyuan's supervisor attempted to raise objections about the meeting's legality, they were forcibly muted and prevented from speaking.

Regarding the dispute between Beijing Huiyuan and its major shareholder, Zhu Danpeng, Vice President of Guangdong Food Safety Promotion Association and China Food Industry Analyst, told the media on September 14 that Beijing Huiyuan's biggest problem is capital shortage, with the major shareholder's capital injection still not in place, triggering subsequent conflicts. As a well-known juice brand, properly resolving internal disputes and stabilizing confidence among the company team and suppliers will have far-reaching effects on the brand's long-term development.