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Is Yishen a pyramid scheme?

No.

According to the query of Aiqicha, the official name of Yishen is "Wuhan Yishen Technology Co., Ltd.", which was registered with the Market Supervision and Administration Bureau of Wuhan East Lake New Technology Development Zone on May 22, 2020, and It has issued a business license and is a formal company focusing on technology promotion and application services. It has 4 administrative licenses, 12 trademark information, and 1 patent information.

Wuhan Yishen Technology Co., Ltd. is located in Room F177, Room 1201, Building 8, SBI Entrepreneurship Street, Dongxin Road, Donghu New Technology Development Zone, Wuhan. Its business scope includes technical services, technology development, technology consulting, technology exchange, and technology transfer. , Technology promotion, sales of first-class medical devices, sales of second-class medical devices, wholesale of cosmetics, retail of cosmetics, etc.