Does Tiens still exist?

Tiens don't exist now. Tiens is a well-known enterprise that once existed, mainly engaged in the production and sales of communication equipment and power equipment. However, due to various reasons, the enterprise stopped production at the end of 20 18 and was officially declared bankrupt in 20 19. Now, Tiens' assets have been liquidated and its factories and equipment have been auctioned. Although Tiens no longer exists, its glorious past history is still talked about by people.

In addition, Tiens Group has been arrested by the public security organs on suspicion of illegal pyramid schemes. MLM is an illegal act to obtain the qualification of joining by developing personnel or asking the developed personnel to pay a certain fee. The essence of this behavior is Ponzi scheme, that is, the money of the latecomers pays the income of the pioneers. Therefore, Tiens Group was identified as an illegal pyramid scheme and has been banned.