Is Qingdao Double Star Group a state-owned enterprise?

This enterprise is a private enterprise, not a state-owned enterprise.

Founded in 192 1 and headquartered in Qingdao, Shandong Province, the group is one of the earliest shoemaking enterprises in China. After nearly a hundred years of development, Qingdao Double Star Group has become one of the largest sports shoes manufacturers in China, and its products cover sports shoes, sportswear, outdoor equipment and other fields.

Although Qingdao Double Star Group is not a state-owned enterprise, its position and influence in China sports industry can not be ignored. Qingdao Double Star Group, as one of the leading enterprises in China's sports industry, has been committed to promoting the development of sports in China and providing professional sports equipment and support for the national team.