Really.

According to inquiries on Zhongguancun Online, we learned that Douyin Haishu Technology’s cash withdrawal is true. Haibo Technology is a biotechnology company specializing in the health industry that mainly engages in research and experimental development. Its business includes technological development, technical services, technical consulting and technology transfer of biological products, as well as cosmetics, daily necessities, electronics Sales of products and disinfectant supplies, etc. Douyin HaiZhou Technology is a registered trademark of the company, so the withdrawal of Douyin HaiZhou Technology is real.

Douyin is a music and creative short video social software incubated by ByteDance.