Nongfu Spring does not belong to Wahaha, but a holding company under Yangshengtang. Founded in 1996, it was listed on the Hong Kong Stock Exchange in 2020. Nongfu Spring mainly produces drinking water, black tea and vitamin water, which is taken from the deep water of Qiandao Lake. At present, it has occupied 25% market share in China.

Does Nongfu Spring belong to Wahaha?

1, no

Nongfu Spring does not belong to Wahaha, but belongs to the holding company of Yangshengtang. Formerly known as Qiandaohu Yangshengtang Drinking Water Co., Ltd., it was later renamed Nongfu Spring. Founded in 1996, it was listed on the Hong Kong Stock Exchange in 2020.

2. Product type

Nongfu Spring mainly produces bottled natural drinking water, black tea and vitamin water. Moreover, in 2003, the mixed fruit juice beverage of Nongguoyuan brand was launched, and it officially entered the coffee industry in 20 19, and the types of beverages were also increasing.

3. Market prospect

Nongfu Spring implements the product differentiation strategy, which is mainly reflected in the characteristics and styles, bringing different visual effects to consumers. Therefore, Nongfu Spring has found its own advantages in domestic competition, thus occupying 25% of the domestic market share.