No, Hainan Sheng Da Entertainment Co., Ltd. is a live broadcast company licensed by law and approved by the industrial and commercial departments. Its business scope includes licensed projects, which are also formal and within the scope permitted by law. As of August 23, 2022, there was no record of fraud and violation. Sheng Da Entertainment (full name: Hainan Sheng Da Entertainment Co., Ltd.) is a new Internet company jointly established by Tencent and Wan Ren Media, and is jointly invested by first-line luxury capital such as IDG, Gao Rong and Northern Lights.