Joint Statement Between Hangzhou Wahaha Group and Groupe Danone

21/12/07 Complying with the expectation of both Chinese and French governments, both Wahaha Group and Groupe Danone agree to finish antagonism and return back to peace talks. Both parties agree to temporarily suspend all lawsuits and arbitrations, stop all aggressive and hostile statements and create a friendly environment for peace talks.

Both parties agree to carry out the talks on the basis of adhering to the principles of equality and mutual benefits, to seek common grounds by tolerating minor differences, to reach mutual understandings and to strive for the success of peace talks. Both parties will work together to further develop all entities operating under the Wahaha brands and contribute to develop the Sino-French friendship and promote the co operation between the companies of the two countries.