After the case was withdrawn, Lin Ruiyang and Zhang Ting came back to live broadcast! In the live broadcast room, they called on "person-to-person" to spread word-of-mouth, and they were banned twice before stopping broadcasting...
Edited by Li Zedong
On November 9, Lin Ruiyang and Zhang Ting made a comeback live broadcast, saying in the live broadcast that they would take care of friends and customers, and called on agents to spread good word of mouth through person-to-person transmission. During the live broadcast, the live broadcast room was banned twice, and the live broadcast has now stopped.
The "Zhang Ting case" was revoked, Lin Ruiyang:
Everyone is very aggrieved, and the eldest brother is sorry
Recently, the "Zhang Ting case" was revoked, and the news that 96 properties were unsealed has aroused heated public opinion.
On October 26, according to the "Rule of Law Daily, Rule of Law Weekend", the brand TST Ting secretly founded by Zhang Ting (Zhang Shuqin) and Lin Ruiyang (Lin Jirong) was suspected of pyramid schemes, and 96 properties under the names of related companies were frozen. A few days ago, the seizure of these 96 properties was lifted.
On the same day, Zhang Ting's husband Lin Ruiyang posted a video response to the incident, saying that the case was finally over, which was a very positive result.
"We will rediscover our agents around the world, and TST is the best," Lin said. Have you ever thought that there is no problem with our products, and products are the real king. ”
Lin Ruiyang said: Everyone has been very aggrieved in the past two years, and the eldest brother is very sorry...
Image source: Screenshot of Whale Video
It is understood that the 96 properties that have been unsealed are located at No. 28 Jiangyao Road, Pudong New Area, Shanghai, which is an entire office building of Jingyao Qiantan T2. This property was purchased by Zhang Ting and his wife in the name of the company in 2020, and it is reported that it cost 1.7 billion, and there has been a huge signboard on the top of the building that reads "TST Court Secret".
The office building where Zhang Ting's 96 properties are located is taken by reporter Liu Songhui
In the evening of the same day, the reporter of "Daily Economic News" investigated and learned at No. 28 Jiangyao Road that the above-mentioned 96 properties are the entire office building of Jingyao Qiantan T2, and the 10th floor of the office building is lit, and the turnstile in the lobby on the first floor has staff entering and exiting normally.
TST agent said that it has been selling goods normally! Rebate as high as 36%
Previously, according to Blue Whale Finance, the reporter observed on the afternoon of the 26th that a number of agents forwarded the news that the case was revoked to celebrate "Zhaoxue", and there was even a live broadcast room to cooperate with the "official announcement news" to release a subsidy activity that was only sold for one day. In the live broadcast room of the official authorized account "TST Court Exclusive Business", an anchor responded to the barrage question, saying, "The past two years have been our trough period, but we have been selling products. Since the company has officially announced it, it means that there is no problem. Feigua data shows that this account with 14,000 fans has brought goods live 1,071 times in the past year, almost non-stop, with a total sales of about 1 million.
It is worth mentioning that when some netizens mentioned the word "pyramid scheme" in the barrage, the administrator would immediately respond that "TST is operating normally, the boss is in Shanghai, and the products are all new dates".
A number of interviewed agents also confirmed to the Blue Whale reporter that their work has not stopped in the past two years, and everything is normal for goods delivery and rebate distribution. Among them, the interviewed agent did not reply to the question of "whether product sales are affected by public opinion".
According to the official website of TST, its agent threshold is very low and the franchise is completely free; there is no need to stock up, zero cost investment, and the headquarters can send it with one click. But at the same time, similar to most direct selling systems, TST also has a mature reward system, the higher the affiliate level, the higher the commission.
In addition, according to China.com Finance and Economics, industrial chain products such as "TST Court Secrets" have adopted a multi-level agency system sales model. The "TST Court Secret" model seems to have only two levels of agents, but its rebate level has already exceeded three levels, which is a typical "rebate pyramid scheme" model. A dealer of "TST Court Secret" declared, "As long as there are enough 100 people, the team's performance will reach 100,000 yuan for three consecutive months, and the company will be established, and the performance of children and grandchildren will be related to themselves."
According to Blue Whale Finance, after being placed on file for investigation, TST did not stop recruiting agents. However, the official account "TST Court Secret Global Service Center", which advertises the membership application, is currently no longer searchable, and there are no relevant rules for agency on the official website. The path to becoming a TST proxy seems to have become more hidden.
However, when the reporter consulted, the interviewed agent said that he only needed his name and mobile phone number to apply for a red card member (i.e., agent) for free and enjoy 12%-36% product rebates. Among them, the monthly sales volume between 5,000-20,000 yuan can enjoy a 30% rebate, that is, 7% off. Compared with the previous rebate difference, the discount table that the reporter obtained in January 2022 has been partially adjusted, and a line is attached to the table: Cooperate with regulatory requirements at any time to adjust the system.
"TST Court Secrets" was investigated on suspicion of pyramid schemes
Darwin Company is the main operator of "TST Court Secret", and the actual controllers of the company are Lin Ruiyang and Zhang Ting.
According to Qixinbao, Shanghai Darwin Trading Co., Ltd. was established in June 2013 with a registered capital of 230 million yuan, the legal representative is Lin Jirong (that is, the well-known actor Lin Ruiyang), and the nature of the enterprise is a limited liability company (a joint venture between foreign-invested enterprises and domestic capital). At present, Darwin's main business includes the import and export of goods and technology, cosmetics, knitted textiles, clothing, shoes and hats, office supplies, daily necessities, etc.
The major shareholder of Darwin is Shanghai Guangpeng Investment Management Co., Ltd., accounting for 35% of the shares, and Shanghai Shengji Biotechnology Co., Ltd. (hereinafter referred to as Shanghai Shengji) holds 33% of the shares. The legal representative of Shanghai Guangpeng Investment Management Co., Ltd. is Zhang Shuqin (Zhang Ting's real name), which is 100% controlled by Lingyang Technology Co., Ltd., and the legal representative of Shanghai Shengji is also Zhang Shuqin, which is 100% controlled by Zhanli (Hong Kong) Co., Ltd.
Founded in 2013 by Lin Ruiyang and Zhang Ting, TST is a daily chemical product brand under the above-mentioned company, with cosmetics and skin care products as the main categories, and mainly sells products through the online mall "Ting Secret APP" and the O2O method of offline physical stores.
As for the investigation of "TST Court Secret" on suspicion of pyramid schemes, "TST Court Secret" posted on Weibo in the early morning of December 29, 2021, saying that Shanghai Darwin Trading Co., Ltd. is a legally operating company, and since its establishment, it has always followed the guidance of the government, adhered to legal operation, and paid taxes in accordance with the law. Thank you very much to the government of Shijiazhuang, Hebei Province for guiding our company to investigate the risk, the company's current operation is normal, and our company will actively cooperate with the relevant departments.
Daily Economic News integrates the official website of TST, Blue Whale Finance, China.com Finance, "Rule of Law Daily, Rule of Law Weekend", and public information
National Business Daily