DHS: DHS is the abbreviation of Double Happiness Sports. The predecessor of Double Happiness is the Shanghai Table Tennis Factory, which was established in 1928.

DHS Double Happiness (because Li Ning acquired Double Happiness, it represents the relationship between Li Ning and Double Happiness).

Li Ning currently owns brands including: LI-NING, AIGLE, Z-DO, DHS and LOTTO.

Reference materials: /link?url=JdA8NQhtdALdhOeFE43LDYIdKZ6yuXI9Dzz_WE4aC2mOXXZ_tw6LcY4TE9PxuHJ1U22icbzfcWbRs0h8Q_v0qMFaSEj7Sj0bZHUjeSBDnM3