With the acceleration of people's pace of life, coupled with the wrong diet, work pressure and the interference of various environmental factors, people's risk of suffering from various chronic and civilized diseases has also increased. In this context, Riway International from Singapore has entered the public eye with the product "Purtier deer placenta", and the relevant promotional materials have packaged the product into an omnipotent "anti-cancer miracle drug".
Where did Riway International Group come from, and has it obtained a direct selling license issued by the Ministry of Commerce so far? What is the relationship between Ningxia Qiyeqing Company and Lihui International? How to interpret the relevant bonus system? What kind of product is Purtier Deer Placenta? Is the "testimony" of patients with various diseases credible? Regarding whether the product is a food that does not meet food safety standards, what is the answer given by the Panlong District People's Court in Kunming City, Yunnan Province?
Brand background, from abroad
Founded in July 2008, Riway International Group is an authentic Singaporean brand. Speaking of the brand's operation in China, it is natural to mention the brand's domestic operating entity, Lihui (China) Biotechnology Co., Ltd.
After investigation, the company was established on September 9, 2008, formerly known as Ningxia Qiyeqing Biological Engineering Co., Ltd., which was renamed at the end of 2019 and has now become the Ningxia operation center of Lihui International in China. The legal representative is LIM BOONHONG (Lin Wenfeng), and the shareholders are He Jun and Riway (SINGAPORE) PTE. LTD., registered capital of 131 million yuan. In terms of the management of the company, the director is HU.HSIAO-HUA (Hu Xiaohua), the supervisor is SEE CHEIN LING (Xu Jingxuan), the chairman and general manager is Lin Wenfeng, the vice chairman is He Jun, and other positions are as follows:
Born in Singapore in 1975, at the age of 24, Lim dropped out of school and began his direct selling career. By 2003, he had built a strong sales team of over 1,000 people in Singapore, turning a small local direct selling company into a large enterprise. In July 2008, he took the meaning of Right Way and founded Riway International.
In terms of products, he also identified the unique formulation of Purer placenta (stem cells) as Riway's only product.
In September 2014, Riway, led by Lin Wenfeng, had generated an annual revenue of S$800 million (about 3.84 billion yuan), and soon Riway continued to expand its international footprint into malaysia, Indonesia, Taiwan and Thailand. In 2017, Lihui was ranked in the top ten of Taiwan's direct selling enterprises for the first time with a score of more than 3 billion yuan, almost tripled compared with last year's performance. In 2018, the performance of 6.7 billion yuan has successfully helped them rank among the top three direct selling companies in Taiwan.
It is only recently that the power of doing well in the international market has officially come to the Chinese mainland market.
Predecessor of the company, executor
Speaking of the predecessor of Huilihui (China) Company, Ningxia Qiyeqing Biological Engineering Co., Ltd., of course, this "predecessor" is a relatively narrow concept. According to reports, the company is a collection of goji beverages, goji berry biotechnology research and development, goji berry beverage production, sales as one of the enterprises, mainly with goji berry fresh fruit as raw materials, the production of high-tech fresh goji berry series products.
In August 2019, the Ningxia Science and Technology Department issued the "Announcement on the Revocation of the Scientific and Technological Innovation Platform", and the Ningxia Goji Berry Beverage (Wuzhong) Technology Innovation Center of Ningxia Qiyeqing Biological Engineering Co., Ltd. was included in the list of revocation of scientific and technological innovation platforms.
On April 27, 2020, the Ningxia Hui Autonomous Region Drug Administration released the "Circular on The Disclosure of Supervision and Inspection Information of Cosmetics Manufacturers (Hua 004 Issue)" on the website, which reported the supervision and inspection of five cosmetics production enterprises including Ningxia Qiyeqing Biological Engineering Co., Ltd. The company was detected by the Ningxia Drug Administration as "the enterprise is in a state of suspension".
Although Lin Wenfeng has now become the legal representative of this company, he Jun, who is the current vice chairman and the former legal representative of the company, plays a role in the company that cannot be ignored, and in the past few years, He Jun and his company have frequently become executors.
According to the "Ruling on the Termination of the Loan Contract Dispute between Mr. Wang, Mr. Wang, Mr. Xia, Mr. Xinbai Yingbin Electrical Appliance Co., Ltd., and Ningxia Qiyeqing Biological Engineering Co., Ltd.", the People's Court of Litong District, Wuzhong City, Ningxia Hui Autonomous Region, has issued a notice of enforcement, ordering that the person subject to enforcement, Mr. Xia, repay the principal of the loan of 250,000 yuan and interest to the applicant, Mr. Wang. The judgment debtors, Wuzhong Xinbai Yingbin Electric Appliance Co., Ltd. and Ningxia Qiyeqing Biological Engineering Co., Ltd., shall be jointly and severally liable for the repayment of the above-mentioned arrears. In the course of enforcement in this case, the applicant for enforcement, Mr. Wang, received from the court the executor Ningxia Qiyeqing Biological Engineering Co., Ltd. to pay the execution amount of 150,000 yuan, and the remaining amount of the executor applied to the court to revoke the enforcement of the judgment debtor on the grounds that a settlement agreement was reached privately with the executor.
In the Civil Judgment of the First Instance on the Dispute Between Wuzhong Binhe Village Bank Co., Ltd. and Wuzhong Wuhua Dairy Beverage Co., Ltd., Wuzhong Xixia Halal Dairy Co., Ltd., etc., Ningxia Qiyeqing Biological Engineering Co., Ltd. and He Jun were also sentenced by the court to bear joint and several liquidation liability.
In addition, according to the "Enforcement Rulings of Gao XX, Xia XX and He Jun", the applicant for enforcement, Gao XX, had a lawsuit related to the loan dispute between the applicant Gao XX and the executors Xia XX and He Jun, and after trial, the court has issued an enforcement notice to the executor, ordering the executor to repay the loan of 248,000 yuan and interest to the applicant, and bear other related expenses, but the executor has not performed.
In the course of enforcement, the People's Court of Litong District of Wuzhong City, Ningxia Hui Autonomous Region, repeatedly contacted the judgment debtors Xia X and He Jun by telephone since January 16, 2019, and the telephones of the judgment debtors were all turned off or could not be connected. The court searched for the judgment debtors according to the addresses of the judgment debtors Xia X and He Jun provided by the applicant, and repeatedly searched unsuccessfully. After that, the court mailed the enforcement notice and the property report order to the person subject to enforcement by mail through the court express mail, and the judgment debtors Xia X and He Jun did not sign for it and did not perform it.
Subsequently, on January 17, 2019, the court inquired about the relevant property information under the name of the person subject to enforcement through the national network inspection and control system and the people's court's case process information management system, and found that there were a small amount of deposits in the Chinese bank account under the name of the judgment debtor He Jun, and the court had withheld the deposit and issued it to the applicant for execution; it was found that the person subject to enforcement He Jun had a Zhonghua brand car under his name, and the court had frozen the vehicle's car account formalities, which could not be disposed of temporarily because it did not have actual control; and there were no bank deposits, stocks, securities, and real estate under the name of the judgment debtor He Jun 3. Land registration information. It was not found that the person subject to enforcement had other property available for enforcement, and the subject matter of enforcement in this case could not be enforced. Finally, on July 8, 2019, the court issued a consumption restriction order in accordance with the law, and took measures to restrict high consumption against the judgment debtor, and then terminated the enforcement procedure. (The content has been deleted)
As for the equity held by He Jun himself, it was also frozen by the Litong District People's Court of Wuzhong City for a year.
Returning to other companies under He Jun's name, the investigation found that Wuzhong Litong District Qiye Qing Wolfberry Products Factory was included in the list of abnormal operations by the Litong Branch of Wuzhong Market Supervision and Administration Bureau in July 2019 and has not been removed so far.
In this report, we briefly understand the development history of Riway International Group, as well as the past experience of Ningxia Qiyeqing Biological Engineering Co., Ltd., in the next report, we will mainly focus on the operation mode of Riway International Group, and what the efficacy of the brand's products, please continue to pay attention to the headline information platform.
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