Is New Age Health Industry Group a pyramid scheme?

New Age Health Industry Group is not a pyramid scheme, but a direct selling company. New Age Health Industry (Group) Co., Ltd. is a state-owned holding company registered in Beijing Administration for Industry and Commerce, and was approved by the Ministry of Commerce in August 2006 to obtain a direct selling license [approval number: Shangjianpi (2006) No.7]. The new era health industry mainly sells Guozhen brand series health food, cosmetics and daily chemical products.

Some organizations or social personnel spread false information on the Internet or use illegal leaflets for fraudulent activities under the guise of New Age Health Industry Group, affiliated enterprises or distributors.

Engage in capital operation in the form of fund-raising; Or embezzle the qualification, products or brands of New Age Health Industry Group and conduct illegal business activities in the name of "chain operation"; Or, under the guise of "assisting the disaster-stricken areas" and "developing the western region", in the name of renting a car, recruiting workers, engaging in projects, etc., defrauding people to join. Among them, the typical practice is to "pay 3800 yuan or 33500 yuan to attract people to join the organization" and go to Mianyang and other places in Sichuan Province for illegal pyramid schemes in the name of selling pine pollen health products.

Extended data:

China New Era Holding Group Co., Ltd. was established in 1980, and was originally a state-owned central military enterprise. On March 20 10, with the approval of the State Council, China Energy Conservation Investment Company and New Era Group were jointly reorganized into China Energy Conservation and Environmental Protection Group Co., Ltd., and after the reorganization, New Era Group became a secondary subsidiary of China Energy Conservation and Environmental Protection Group Co., Ltd.

New Age Health Industry (Group) Co., Ltd. was established in 1995, formerly known as Yantai New Age Natural Nutrition Co., Ltd., and is a holding subsidiary of China New Age Holding Group Co., Ltd., headquartered in Beijing, with a registered capital of 1 100 million yuan, which is a central enterprise. The company has developed into an enterprise integrating raw material collection, scientific research, production, sales, training and service, including subsidiaries and branches, and has become a pillar enterprise of China New Era Holding Group.

Is the financing of People's Network-New Age Health Industry Group MLM?

Official Website of China New Times Holding Group Co., Ltd.-Home Page-Company Statement

Official website of China New Times Holding Group Co., Ltd.-Enterprise introduction