No.
According to (Tianyancha) inquiry, Handan Municipal Expo Materials Co., Ltd. is a legal operating enterprise registered and licensed by the Ministry of Industry and Information Technology, and is not a pyramid selling organization. The company was established in 2008 and is located in Handan City, Hebei Province. It is an enterprise mainly engaged in the wholesale industry. The company's registered capital is 30 million yuan, exceeding 98% of its counterparts in Hebei Province, and its paid-in capital is 30 million yuan.