As of January 219, Langsha has not been recognized as a pyramid scheme.

Langsha is a well-known enterprise in China, and it is the only enterprise that owns "China well-known trademark", "China famous brand product" and "national inspection-free product" at the same time.

In p>21, it was awarded the International Exchange Demonstration Unit by the Foreign Affairs and Overseas Chinese Affairs Office of Yiwu Municipal People's Government.

such a well-known enterprise in a big country is not a pyramid scheme company.

Langsha's development course:

Founded in 1995, Langsha is a professional manufacturer of socks in China and a famous brand enterprise in the industry. Although 28 was a difficult year for enterprises caused by the financial turmoil, Langsha still achieved sales of 5 million US dollars with a performance growth of 4%.

after 21 years of development. At home, when people mention socks, they will think of Langsha, Langsha, and the classic advertising word: Langsha, not just attracting!

in p>22, the trademark "Langsha" was recognized as "China Famous Trademark" by the State Administration for Industry and Commerce;

In p>24, Langsha Group was formally established, and started the "owner-related diversification mode"

In p>213, Langsha shares were officially listed on the Shanghai Stock Exchange.

In p>214, Jinhua Bank, a subsidiary of Langsha Group, was formally established.

The definition of pyramid selling:

MLM refers to the organizer's development of personnel, and the developed personnel are based on the number or performance of personnel directly or indirectly developed by them. The essence of pyramid selling is "Ponzi scheme", that is, the money of the latecomers is distributed to the income of the forerunners.

the new pyramid scheme: it does not restrict personal freedom, does not accept ID cards and mobile phones, and does not take classes collectively. Instead, it uses the banner of capital operation to attract people to cheat money, drive luxury cars, wear gold and silver, attract your friends and relatives with money, and finally make you lose all your money.

In August, 217, the Ministry of Education and the Ministry of Public Security issued a notice, demanding that pyramid schemes be severely cracked down and banned according to law. The notice emphasized that all kinds of pyramid schemes that trick job seekers into joining in the name of "recruitment" and "job introduction" should be resolutely eliminated.

Extended information:

MLM-related laws and regulations:

According to the Regulations on the Prohibition of MLM:

Article 7 The following acts belong to pyramid schemes:

(1) Organizers or business operators ask the developed personnel to recruit other personnel through the development of personnel, and the developed personnel are calculated on the basis of the number of personnel who have developed directly or indirectly.

(2) the organizer or business operator, through the development of personnel, demands the developed personnel to pay fees or pays fees in disguised form by subscribing for commodities, etc., so as to obtain the qualification to join or develop other personnel to join and seek illegal benefits;

(3) The organizer or business operator, through the development of personnel, requests the developed personnel to develop other personnel to join, thus forming an up-and-down relationship, and calculating and paying the online remuneration based on the sales performance of the offline, so as to seek illegal benefits.

According to the Opinions of the Supreme People's Court, the Supreme People's Procuratorate and the Ministry of Public Security on Several Issues Concerning the Application of Laws in Handling Criminal Cases of Organizing and Leading MLM Activities, the definition of MLM is:

"In the name of selling goods, providing services and other business activities, participants are required to obtain the qualification of joining by paying fees or purchasing goods and services, and form a hierarchy in a certain order, and the number of developers is directly or indirectly used as the basis for remuneration or rebate. Lure and coerce participants to continue to develop pyramid schemes that involve others, defraud property and disrupt economic and social order. If there are more than 3 people involved in pyramid schemes within the organization and the level is above the third level, the organizers and leaders shall be investigated for criminal responsibility. "

People's Court: Some Issues Concerning the Application of Laws in Handling Criminal Cases of Organizing and Leading MLM Activities

China Laws and Regulations Database: Regulations on Prohibiting MLM

Baidu Encyclopedia: Langsha Group

Langsha official website: About Langsha-Development Process.