Group 1 - The control struggle within the century-old shoe company, Double Star Celebrity Group, has intensified, with founder Wang Hai publicly severing ties with his son Wang Jun and daughter-in-law Xu Ying, accusing them of betrayal and misconduct [1][2] - The conflict originated from a 2022 equity change where Xu Ying's company acquired 56.96% of Double Star Celebrity, making her the largest shareholder, which led to Wang Hai losing absolute control [1] - In December 2022, Xu Ying announced the board's decision to remove Wang Hai as chairman, which he contested as illegal, leading to ongoing legal proceedings [2] Group 2 - Wang Jun appears to be maintaining control over Double Star Celebrity, as he and Xu Ying recently led a team to conduct market visits in Nanyang and Xiangyang, addressing operational challenges faced by the company [3] - The company is facing significant operational difficulties, with reports indicating that the domestic sales segment of a competitor, Peak, has incurred losses exceeding 13 million yuan from January to July 2025 [4] - The ongoing power struggle within Double Star Celebrity is exacerbating the company's already challenging situation in a tough market environment [5]
夺权大战下,双星名人发文称董事长汪军走访市场
2 1 Shi Ji Jing Ji Bao Dao·2026-01-05 02:30