The operating mode of platform companies such as Lu Yu Tea Exchange violates the law of market value. Once the capital chain breaks, participants will face serious losses. According to the relevant regulations, participation in illegal fund-raising and illegal futures trading is not protected by law, and participation in pyramid schemes is illegal, at your own risk, and you shall bear corresponding responsibilities according to law.
The full name of Luyu Tea Exchange is Luyu International Tea Exchange Center Co., Ltd., referred to as Lujiao and Lujiao Center for short. Land Exchange is a trading platform of mixed ownership of state-owned shares, which was applied by Wuhan Municipal People's Government and approved by Hubei Provincial People's Government. It is a secondary institution of the government, directly under the charge of the Provincial Department of Agriculture and Rural Affairs and the Department of Commerce, with the Provincial Financial Office and the China Banking Regulatory Commission as the supervisory units.