AsianFin – An official from the Shangcheng District Finance Bureau in Hangzhou confirmed that a task force has been formed to address the ongoing situation involving Wahaha Group, following a surge in public complaints.

“We have received many calls and complaints earlier on. We’ve been working on the matter, and a special team is already involved in the handling,” the official said, adding that the bureau hopes for a swift resolution. When asked whether the task force is led by the Shangcheng District Finance Bureau itself, the official said only a few within the bureau are aware of the specifics. “I can’t provide any further details,” the person said.

Wahaha previously told media the issue is a “family matter” unrelated to company operations or business, and said the company will not be providing any official statements or responses.

Business registration records show that the largest shareholder of Hangzhou Wahaha Group Co., Ltd. is Hangzhou Shangcheng District Culture, Business & Tourism Investment Holding Group Co., Ltd., a secondary entity under the Shangcheng District Finance Bureau.