Tube. According to the inquiry of China Finance Network, as of February 27th, 2022, it was confirmed by Longchi Peony Legal Affairs that the company did not have the alleged pyramid selling behavior mentioned in the media reports, and the company operated legally and in compliance with regulations, and was never punished by the regulatory authorities, and did not involve any civil disputes and lawsuits. Therefore, the Longchi peony in Heze is not a scam, and the state will definitely take care of it if it violates the law. Longchi Peony Industry Co., Ltd. was established in April 20 18 with paid-in registered capital of 200 million yuan. It is located in Heze, the peony capital of China. Is a biotechnology enterprise based on peony industry, focusing on the big health field, and has built an ecosystem of peony industry integrating agriculture, industry, research, trade and capital.