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Is it true that Tengyue initiated pyramid schemes?

This is not true. Shenyang Tengyue Hexiu Construction Engineering Co., Ltd. is a registered company approved by the Industrial and Commercial Bureau, authorized and protected by the government, and has legal effect, so it is not a real pyramid scheme. Shenyang Tengyue Hexiu Construction Engineering Co., Ltd. was registered in Shenyang Administration for Industry and Commerce on February, 2009 10.