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Is there a situation where a trademark has two holders?
There is such a situation.

According to Article 5 of the Trademark Law: "Two or more natural persons, legal persons or other organizations may apply to the Trademark Office for registration of the same trademark, and both enjoy and exercise the exclusive right to use the trademark."

Trademark application process:

Application for trademark registration.

2. Power of attorney (e.g. registration by an entrusted agency).

3, determine the category of goods or services and specific goods or services. Trademark registration certificate is a written certificate issued for the convenience of trademark registrant, which has the same legal effect as trademark registration certificate.