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][6]. 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]. - The company was established in 2002 and is located in Qingdao, Shandong Province, with Wang Hai holding 21.88% of the shares, Wang Jun 6.53%, and Xu Ying as the beneficial owner [1]. Group 2: Public Escalation of the Conflict - In May 2025, Wang Hai publicly accused Wang Jun and Xu Ying of attempting to seize control and making unauthorized decisions regarding company operations [2]. - On December 2, 2025, Xu Ying announced that the board had removed Wang Hai from his positions and claimed he was unlawfully retaining company seals [2][4]. Group 3: Recent Developments - On December 8, 2025, Wang Hai countered Xu Ying's claims, asserting that the board's decision was illegal and that he was safeguarding the original company seal [4]. - The conflict shifted from legal disputes to personal grievances, with Wang Hai citing the nationality of the successors as a primary concern, emphasizing that foreign nationals should not lead a Chinese brand [6][7]. Group 4: Future Plans - Wang Hai announced plans to establish a "Double Star Celebrity Brand Successor Committee" to promote a new succession model based on merit and professional management rather than familial ties [8]. Group 5: Company Background and Market Position - Double Star Celebrity Group, founded in 1921, is one of China's earliest shoe manufacturing enterprises, originally a state-owned entity [11]. - The company has faced declining growth and market share due to competition from emerging brands, despite attempts to revitalize its brand through e-commerce and collaborations [15]. - The brand value is reported at 49.2 billion yuan, with Wang Hai recognized for his contributions to management and entrepreneurship [15].
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 17:24