根據中國媒體近期報導，圍繞娃哈哈創辦人宗慶後身後遺產的爭議再次出現重大轉折。據傳來自香港匯豐銀行的消息顯示，宗慶後生前並未設立任何正式的信託基金，也就是說，坊間此前盛傳的「21億美元家族信託」根本不存在。

杜建英及其三名子女此前曾多次強調，宗慶後生前為他們設立信託基金，旨在保障這個家庭未來的經濟穩定。但根據爆出的最新資訊，這個信託很可能只是「口頭承諾」，並無正式法律文件或金融機構的記錄支持。也就是說，他們所指的「信託」，或許只是一個預期、幻想，甚至是一種希望，但並未真正落地。

更有媒體指出，宗馥莉所提及的那個位於海外的帳戶，其實是一個標示為「海外發展儲備金」的普通帳戶，而非真正意義上的信託帳戶。換句話說，這個帳戶只是宗慶後生前為企業發展或其他戰略目的預留的資金，並未專門為任何家族成員設立繼承或信託安排。

外界普遍猜測，宗慶後可能根本無意將大筆資產轉交給杜建英一家。若宗慶後真心有此意願，其實在住院養病的數年間，就完全有時間與能力透過律師、銀行、信託公司妥善處理相關安排。但直至他去世，這樣的安排都未曾正式建立，這也為後續遺產爭奪埋下極大的變數。

更關鍵的是，目前宗馥莉手中據傳持有一份正式的遺囑文件，這可能是決定性的一步棋。如果這份遺囑獲得法院認可並證實具有法律效力，那麼宗慶後的大部分資產或將由宗馥莉獨自繼承，而杜建英及其子女則可能被排除在主要繼承人之外。

整體來看，這起家族財產糾紛的核心已經從「是否分配」演變成「是否存在信託」的根本問題。從目前已知資訊來看，宗慶後生前並未為杜建英一家設立明確、合法且受監管的信託架構，這也意味著他們主張的「21億美元信託基金」基本上無從爭取。若最終法院依據宗馥莉手中的遺囑進行分配，這場牽動中國民營企業界與大眾輿論的家族爭產風波，或將以「小杜出局」的局面收場。

According to recent reports from Chinese media, the controversy surrounding the inheritance of Wahaha founder Zong Qinghou has taken a dramatic new turn. Allegedly, information from HSBC in Hong Kong reveals that Zong did not establish any formal trust fund before his death. In other words, the widely rumored "$2.1 billion family trust" may have never existed in the first place.

Du Jianying and her three children had previously emphasized on multiple occasions that Zong Qinghou had set up a trust fund for them during his lifetime, supposedly to ensure the family’s financial stability in the future. However, based on the latest revelations, this "trust" may have been nothing more than a verbal promise, with no formal legal documentation or institutional records to support it. Essentially, what they referred to as a "trust" might have been a hope, an expectation, or even a misunderstanding—rather than an actual legal arrangement.

Further media sources point out that the overseas account mentioned by Zong Fuli appears to be an ordinary account labeled as an "Overseas Development Reserve Fund", not a legally recognized trust account. In other words, this account was likely earmarked by Zong for business development or strategic purposes and was not intended as a designated inheritance or family trust.

Public speculation suggests that Zong Qinghou may have never intended to transfer a large portion of his assets to Du Jianying’s family. If he had truly planned to do so, he had several years—especially during his prolonged hospitalization—to work with lawyers, banks, and trust companies to formally establish such arrangements. However, no such legal structures were set up before his passing, introducing major uncertainty into the inheritance battle.

What’s even more crucial is the reported existence of a formal will held by Zong Fuli, which could serve as a decisive legal document. If this will is recognized by the court and deemed valid, the bulk of Zong’s assets could be inherited solely by Zong Fuli, while Du Jianying and her children might be completely excluded from the list of primary heirs.

Overall, the core of this family inheritance dispute has shifted from the question of "who gets what" to "did the trust even exist?". Based on currently available information, there is no evidence that Zong Qinghou ever established a clear, legal, and regulated trust structure for Du Jianying’s family. This means that their claim to a "$2.1 billion trust fund" is likely unsubstantiated. If the court ultimately distributes the estate based on the will in Zong Fuli’s possession, this high-profile succession drama—one that has captured the attention of China’s private business community and the general public—may conclude with Du Jianying and her children being completely written out of the legacy.