The "Pinxiang" series of fraud cases supervised by the Provincial Political and Legal Committee urged the suspects to take the initiative to refund the stolen money and goods through the system of pleading guilty and recognizing punishment.

Qingdao Pinxiang Pharmaceutical Technology Co., Ltd. (formerly known as Qingdao Pinxiang Trading Co., Ltd.) was established in 2009, located in Qingdao, Shandong Province.