Previously, the star couple Zhang Ting and Lin Ruiyang's company suspected of pyramid schemes caused strong concern among the masses, and recently finally ushered in new news, the penalty decision issued by the Hubei Baokang County Market Supervision and Administration Bureau, the TST court secret operation subject that is, Darwei suspected of pyramid schemes, was fined 20.97 million yuan, in addition to the company's wholly-owned subsidiary's building worth 1.7 billion yuan 96 properties were also seized. Aoyi News reporter investigated and learned that at present, the "Taobu Ting" WeChat Mini Program is still operating, but the "Ting Secret" shopping mall page has been suspended, but users can still download the "TST Ting Secret" official APP to purchase TST products.
"Court Secret" shopping mall page suspension notice / official screenshot
TST was fined 20 million yuan for alleged pyramid schemes
At the end of last year, the Shanghai Dalway Company, founded by the celebrity couple Zhang Ting and Lin Ruiyang and represented by a number of well-known actors, was suspected of pyramid schemes, and the company's main daily chemical brand "TST Court Secret" has been complained by customers for many years about product quality and false publicity.
Today, after being investigated by the Shijiazhuang Yuhua District Market Supervision and Administration Bureau for nearly four months, finally ushered in new news, Dalway set up a bonus system for red card members, requiring the development of other personnel to join, forming a relationship between the upper line and the lower line, and the sales results of the lower line as the basis to calculate the remuneration of the line, in line with the characteristics of MLM, which belongs to the MLM behavior.
According to the penalty decision issued by the Hubei Baokang County Market Supervision and Administration Bureau, a large amount of evidence pointed to the secret operation subject of the TST Tribunal, that is, Darway as the initiator, organization, planning and manager of the pyramid scheme, which constituted the illegal act of organizing and planning the pyramid scheme, and ordered it to immediately stop the pyramid scheme, confiscate the illegal gains of 19.27 million yuan, and impose a fine of 1.7 million yuan, for a total of 20.97 million yuan.
According to the Market Supervision Administration, Shanghai Darway has developed a total of 17070701 members from January 1, 2018 to July 2021, including 6411358 blue card (including small gold card and silver card) members and 659343 red card (including gold card) members. From January 2018 to July 2021, the annual card supervisor business income of the parties was nearly 9.1 billion yuan, the cost of main business was 5.6 billion yuan, the main business tax and surcharge was 30 million yuan, the actual related expenses incurred were 3.4 billion yuan, the income tax expenses were 10 million yuan, and the profit was 19.27 million yuan, and the profits of the parties should be recognized as illegal income.
Penalty decision issued by Hubei Baokang County Market Supervision and Administration Bureau / The Paper
Zhang Ting and his wife's 96 properties worth 1.7 billion yuan were seized
According to Tianyan, Shanghai Darway Trading Co., Ltd. was established in June 2013 with a registered capital of about 232 million yuan, the legal representative, director and general manager is Lin Jirong (Lin Ruiyang), the chairman is Zhang Shuqin (Zhang Ting), and Zhang Ting's girlfriend Tao Hong also serves as a director of the company and holds about 1.9% of the shares. The company's top two shareholders are Shanghai Guangpeng Investment Management Consulting Co., Ltd. and Shanghai Shengji Biotechnology Co., Ltd., holding about 67% of the shares, and the legal representatives of the two companies are Zhang Ting.
Darway Trading Company has 27 enterprises investing abroad, in addition to the two companies that have been seized from real estate, it also includes Shanghai Darwei Biotechnology Co., Ltd., Shanghai Hongsheng E-commerce Co., Ltd., etc. The legal representative is mostly Lin Jirong, involving biotechnology, e-commerce, advertising, etc., and the registered address is mostly located in Shanghai. In addition, of the company's 4 branches, only the Jing'an branch is in existence.
Risk information shows that Darway Trading has been sued several times for contract disputes. In July 2021, a number of zhang ting and his wife's affiliated companies, such as Dalway Trading Company, Zhenhong Biotechnology Company, and Juju Yiwang Industrial Company, were applied for preservation review by the Baokang County Market Supervision and Administration Bureau.
In addition, the building held by Shanghai Zhenhong Biotechnology Co., Ltd. and Shanghai Juju Yiwang Industrial Co., Ltd., a wholly-owned subsidiary of Shanghai Dalvy, has also been seized by the Shijiazhuang Yuhua District Market Supervision and Administration Bureau, which has 96 properties worth 1.7 billion yuan, which is Zhang Ting's husband Lin Ruiyang, as a legal person and general manager of Darway, who organized and planned the purchase during the pyramid scheme in December 2020. At that time, the famous actors Xiao Taohong and Ming Dao also came to visit together, but after the suspected pyramid scheme incident of Zhang Ting and his wife was exposed, many stars promptly cleared up their relationships.
The "TST Court Secret" APP can still be downloaded/APP screenshots
The "TST Court Secret" APP officially sells TST products/APP screenshots
Official Mini Programs are still selling related products
At present, Zhang Ting and his wife and the official Weibo of "TST Court Secret" are still in a state of silence. However, Taobao's relevant stores claiming to be TST officially authorized enterprise stores are still selling related products, and the stores are also live broadcasting, and the live broadcast scene is crowded. In addition, the "Tao Buting" WeChat Mini Program is still running, and customer service said that the goods can still be ordered and shipped normally.
The "TST Court Secret" mall that was previously bundled with the WeChat Mini Program was offline, and issued a notice "TST Tao Bu Ting Switch Back to Ting Secret Notice", informing users that due to business adjustments, TST Secret Mall has been transferred to the "TST Court Secret" APP operation since April 1, and users who need to purchase goods should go to the app market to download the "TST Court Secret" APP, and after downloading, log on to the TING Secret account to place an order to buy, and the purchase opening time is 9:00.
As of press time, at noon on April 19, reporters can still download the app through the Apple app mall, and TST-related products are still being sold on the app.
TST official authorized enterprise store is still open / Taobao screenshot
Taobao store live broadcast/screenshot
Earlier, the reporter interviewed Cai Shaonan, a lawyer at Beijing Yingke (Guangzhou) Law Firm, that Dalway, a company suspected of pyramid schemes, used a VIE structure agreement, which allows operators to avoid the risks of the company's first level. The so-called VIE structure, that is, Zhang Ting and his wife first set up an offshore company as a financing and listing entity, then opened a subsidiary in Hong Kong, and then used a Hong Kong company to open a financing and investment company in the mainland, layer by layer.
This kind of operation can circumvent some domestic supervision and facilitate overseas listing. Therefore, although Zhang Ting and his wife hold the actual control of the company economically, they may have evaded many responsibilities at the legal level.
Aoyi News reporter Liu Jie