Henan. Hongxing Erke Industrial Co., Ltd. (ERKE) was founded in June 2000 and is headquartered in Xiamen City, Fujian Province. It has developed into a large sportswear enterprise integrating R&D, production and sales with nearly 30,000 employees. The company has more than 7,000 stores around the world, and its products are sold in Europe, Southeast Asia, the Middle East, North and South America, Africa and other countries and regions. It has exclusive trademark rights in more than 100 countries around the world, with a brand value exceeding 21.9 billion, and has successively won the "China 500 Most Valuable Brands", "Top 500 Asian Brands", "Forbes Asia's Top 200" and other honors. Hongxing Erke lost 220 million in 2020. In the first quarter of 2021, there was a loss of more than 60 million. Due to financial problems, Hongxing Erke's shares stopped trading. In July 2021, Hongxing Erke donated 50 million yuan in materials to the disaster relief in Henan. On July 30, 2022, Hongxing Erke announced a donation of 100 million yuan in money and materials to the Fujian Provincial Disabled Persons Welfare Foundation to help disadvantaged disabled groups. On December 19, 2023, Hongxing Erke donated 20 million yuan in supplies to the disaster-stricken areas in Gansu.