Wahaha responds to the price increase of purified water.
Wahaha has issued a unified statement regarding the recent price increase rumors circulating on the internet. Wahaha stated that due to fluctuations in packaging material costs, the company has adjusted the wholesale prices of various packaging sizes of water products to ensure stable operations for their distribution partners. The retail price of all purified water products remains unchanged, and there is no change in the purchase price for consumers. According to previous reports, Wahaha and CR Beverage have notified several distributors of price adjustments, stating that starting from July 1st, the supply price of Wahaha purified water will increase by 0.5 to 1 RMB per case; similarly, starting from July 1st, the supply price of CR Beverage Yibao bottled water will increase by 1 RMB per barrel. It is reported that the main reason for this price adjustment is the increase in costs of PET plastic packaging materials.
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