Core Viewpoint - The internal family conflict within the century-old brand, Double Star Mingren Group, has escalated, with founder Wang Hai officially severing ties with his son Wang Jun and daughter-in-law Xu Ying, citing multiple disputes over succession, company control, and financial issues [1][4]. Group 1: Key Disputes - Wang Hai's statement lists 11 core disputes, prioritizing the nationality of his son and daughter-in-law, claiming they are American citizens, which he believes disqualifies them from inheriting the company [1]. - The statement accuses Wang Jun's faction of actions aimed at "de-founderization," including prohibiting the mention of Wang Hai in promotions and removing his portrait from the company sign [4]. - Financial grievances are highlighted, with Wang Hai alleging that his salary and social security payments have been halted, and his personal savings have been seized, leading to financial distress [4]. Group 2: Control and Ownership Changes - The root of the conflict traces back to a significant change in the company's shareholding structure in June 2022, when Xu Ying's company acquired a controlling stake of 56.96% in Double Star Mingren Group [5]. - By May 2024, Xu Ying's stake increased to 69.48%, relegating Wang Hai to the position of the second-largest shareholder with only 21.88% [5]. - This shift in control has led to a series of legal disputes, with Wang Hai contesting the legitimacy of board decisions and asserting his rights as the legal chairman [7][8]. Group 3: Brand and Market Position - Double Star Mingren Group, founded in 1921, was once the largest shoe manufacturer globally, but has faced significant challenges in recent years due to increased competition from brands like Li Ning and Anta [11][13]. - The company has struggled with brand aging, lack of product innovation, and declining market share, now primarily targeting lower-end markets and elderly footwear [13]. - Internal recognition of these issues has been noted, with the company acknowledging that outdated systems and management complexities hinder its adaptability and innovation [13].
84岁双星创始人声明断绝父子关系,百年“鞋王”何去何从?
Nan Fang Du Shi Bao·2026-01-05 03:37