Core Viewpoint - The control dispute within the century-old shoe company, Double Star Celebrity Group, has escalated, with founder Wang Hai publicly severing ties with his son Wang Jun and daughter-in-law Xu Ying, accusing them of betrayal and power grabs [1][8]. Group 1: Background of the Dispute - The conflict traces back to a 2022 equity change where Xu Ying, through her company Qingdao Xingmaida, acquired 56.96% of Double Star Celebrity's shares, becoming the largest shareholder, which led to Wang Hai losing absolute control [1][3]. - The first public indication of the conflict occurred in May 2025 when Wang Hai accused his son and daughter-in-law of attempting to seize control and making unauthorized decisions regarding company operations [3][5]. Group 2: Legal and Corporate Maneuvering - On December 2, 2025, Xu Ying announced Wang Hai's removal from his positions and claimed he was illegally retaining company seals and documents, which she stated were invalid [3][5]. - Wang Hai countered on December 8, asserting that the board's decision to remove him was unlawful and that he would seek legal recourse to annul the decision [5]. Group 3: Personal and National Identity Issues - In his January 3 statement, Wang Hai emphasized that both Wang Jun and Xu Ying hold American citizenship, arguing that a Chinese national brand should not be led by foreign nationals, marking a significant shift from business to personal and national identity concerns [8]. - Wang Hai accused them of attempting to erase his legacy and announced plans to establish a "Double Star Celebrity Brand Succession Committee" to promote a new succession model based on merit rather than bloodline [8][9]. Group 4: Company Overview and Market Position - Double Star Celebrity Group, founded in 1921, is one of China's earliest shoe manufacturing enterprises, originally part of the state-owned Qingdao No. 9 Rubber Factory [11]. - The company has diversified into various sectors, including footwear, clothing, real estate, and logistics, with a sales network across China and exports to over 100 countries [14]. - Despite its historical prominence, with annual shoe sales exceeding 30 million pairs in the 1980s and 1990s, the company has faced market share challenges from emerging brands and has struggled to regain its former influence [14].
列出九大理由,与儿子断绝关系,84岁双星创始人发声:不能让“美国身份的人”接班!其儿媳此前发声明,双方矛盾持续升级
Mei Ri Jing Ji Xin Wen·2026-01-04 16:42