Is Guangxi Wan Yu Science and Technology Development Co., Ltd. a pyramid scheme?

No Guangxi Wan Yu Science and Technology Development Co., Ltd. was established on February 5, 20021,with its registered place at Yufeng Road, Liuzhou City. The company has complete qualifications and procedures, and holds a business license issued by the Administration for Industry and Commerce, so it is not a pyramid scheme. The Administration for Industry and Commerce refers to the Administration for Industry and Commerce, which is the government department responsible for market supervision and administrative law enforcement.