Family feud in the Shuangxing Shoe Industry? It is rumored that the 84-year-old founder was snatched of his official seal and power by his son and daughter-in-law. The company: currently investigating and verifying.

Recently, an open letter suspected to be from Wang Hai, the founder of Double Star and President of Qingdao Double Star Celebrity Group Co., Ltd., to all Double Star footwear and apparel employees has been circulating on the internet. The letter states that Wang Hai's official seal was taken by his son, daughter-in-law, and grandson, and his personal freedom was restricted, and he was asked to transfer power. On the morning of May 6th, an informed source from Double Star Celebrity told reporters, "We are currently tracing the origin of this letter and verifying if it was actually sent by Chairman Wang Hai. The senior management and the directors of the group are all investigating this matter." According to the source, Wang Hai's son, Wang Jun, and daughter-in-law, Xu Ying, mentioned in the letter, are also directors and members of the management of the company, and the company's senior management and management team are currently working as normal.