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Is Dongguan Qiyao Trading Co., Ltd. a pyramid scheme?

Dongguan Qiyao Trading Co., Ltd. is not a pyramid scheme.

According to the Chinese government's definition and crackdown on pyramid schemes, pyramid schemes refer to illegal business activities with the main purpose of recruiting offline personnel and making profits by developing offline personnel. According to the inquiry, Dongguan Qiyao Trading Co., Ltd. is a legally registered company, and its business scope includes import and export trade and domestic trade. No relevant information was found to indicate that the company participated in pyramid schemes.