No. Hengsheng Huocai (Hangzhou) Technology Co., Ltd. is a formal enterprise. Hengsheng Huocai (Hangzhou) Technology Co., Ltd. has registered a trademark and obtained certification from the industrial and commercial department. With a legal business license, the company is currently open for business. Hengsheng Huocai (Hangzhou) Technology Co., Ltd. (formerly known as Hangzhou Lumujun Technology Co., Ltd.) was established in 2021 and is located in Hangzhou, Zhejiang Province. It is an enterprise mainly engaged in software and information technology services.