TST court secret public opinion wind gradually stopped Micro business involved in rumors is a business or a capital game

Source: China Economic Network

China Economic Network reporter editor's note: At the end of last year, the WeChat public account of the "Li Xu Anti-Transmission and Anti-Deception Team" said that the Market Supervision and Administration Bureau of Yuhua District of Shijiazhuang City publicly disclosed the progress of the investigation and punishment of the "TST Court Secret" operator Darway Company suspected of using the Network to engage in pyramid schemes. The TST court secret official Weibo said that Shanghai Darway Trading Co., Ltd. is a legally operated company, since its inception has always followed the guidance of the government, adhere to legal operation, and pay taxes according to law. Thank you very much to the Hebei Shijiazhuang government for guiding the company to check the risks, the company is currently operating normally, and will actively cooperate with the relevant departments.

On January 2, the personally authenticated Weibo accounts of Zhang Ting and Lin Ruiyang, founders of the "TST Court Secret" brand, were banned. On the same day, Zhang Ting's Douyin certified account was prohibited from publishing works. On January 7, on Taobao, Jingdong and other e-commerce platforms, the TST court secret official flagship store has been unable to search.

In the nearly half a month after the TST court secret founder account was banned and the store was removed, the public opinion of the TST court secret gradually cooled down, in addition to China News Weekly and First Finance, China Economic Network has not seen other authoritative media influential reports. The reporter tried to contact Shanghai Dalway Trading Co., Ltd. again, but the other party's phone was never answered.

After the micro-business involved in the transmission

According to a report by China News Weekly, as the details of the "TST Court Secret" suspected pyramid schemes were gradually disclosed, some netizens questioned: Why has no one been able to detect since 2013? TST agent Song Siwen said that most of the early entrants are "beneficiaries" and will not rebel against the water, a large number of late entrants do not invest much money, many have not yet woken up, and agents like her who join in the medium term, in order not to lose money, can only continue to deceive themselves.

An agent who has joined TST for seven years revealed that "Sister Ting and Big Brother" has been adjusting the team remuneration model since 2017, from multi-level to "second-level", from gold and silver cards to red and blue cards, just to avoid pyramid schemes.

Is it a business or a capital game?

According to the first financial report, a close person revealed that Darway is still operating normally. Although after the storm, the official flagship store of TST can no longer be searched on some e-commerce platforms, it is still possible to buy TST products alone, and the price of these skin care combination sets is not low, most of them are more than 500 yuan.

For TST, perhaps the biggest benefit is not the commodity itself. Although Lin Ruiyang repeatedly stressed at the TST internal meeting that "I hope that everyone will have zero hoarding of goods and have a happy business", according to some TST salespeople, the salesmen themselves paid and hoarded goods to create a lot of revenue for the company.

It is worth noting that although Zhang Ting is the chairman of Darway and Lin Ruiyang is the general manager of Dalway, the two do not directly hold the shares of Dalway suspected of pyramid schemes. This company is a typical VIE structure agreement company, that is, the operator controls the company's operations and finances through layers of agreements. This model can both control the company and avoid risks.