"Shuangxing Celebrity's power struggle event has erupted, Qingdao Shuangxing responds: Separated in 2008, the two companies are not related."
It is rumored on the internet that the Double Star Celebrity Group has erupted in a family feud, with founder Wang Hai releasing an open letter accusing his son Wang Jun, daughter-in-law Xu Ying, and grandson Wang Zidong of attempting to steal the company's official seal. According to the contents of the circulated open letter online, Wang Hai stated that on April 11, Wang Zidong restricted Wang Hai's personal freedom for two hours, while Xu Ying and Wang Jun, along with others, entered the office, destroyed surveillance equipment, assaulted employees, disrupted meetings, but were unsuccessful in their attempt to steal the official seal. In order to prevent the situation from escalating further, law enforcement agencies have already filed a case. Wang Hai declared in the letter that from now on, the Double Star Celebrity Group as well as the Celebrity Hai Trading Company will suspend the authorization to use the official seal and other related sealing business. Regarding the rumored incident, Sina Finance as an investor contacted the investment relations department of the listed company Qingdao Double Star. The relevant staff stated that the two companies had separated in 2008, and currently Qingdao Double Star mainly focuses on the tire business and has no connection with the Double Star Celebrity Group.
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