Lsha Knitting Masks Involved In Quality Disputes, Has Been Accused Of Organizing Pyramid Selling.

"Even if 1/10000 probability of unqualified products flow into the hands of users, it is also a one hundred percent unfortunate problem. We can not be careless about mask problems." Recently, Baystory Limited Liability Company (Gulf story limited liability company, hereinafter referred to as "Bay Co"), responsible person to radar finance, said Bay Co and La Sha Knitting Co., Ltd. (hereinafter referred to as "La Sha knitting") signed the "mask purchase contract", to the 3 million companies KN95 Sha masks purchased, the results found that there were not qualified masks.

"After we found it, we immediately asked for joint detection. But she didn't respond. It was thought that the factory was not responsible, and that the factory's products were qualified. The responsible person said.

Radar finance and economics contacted the digital Sha Sha knitting staff, and the staff members said they were only responsible for the sale of their business and had no right to express their views on the matter.

According to the data from the sky eye, Weng Rongjin, Weng Rongjin, the legal representative of the company, is one of the actual controllers of the A shares listed company.

It is worth noting that a ruling in the Chinese referee's written network shows that Lun Sha knit has been investigated by the Huangmei market supervisory authority for allegedly organizing a pyramid selling scheme.

The port company said several batches of products failed to pass the inspection.

According to the contract provided by the port company, in May 19, 2020, the port company signed the "mask purchase contract" with the "Sha Sha knitting" contract, and agreed to purchase 3 million KN95 respirators. The contract stipulates that the quality of the masks delivered is no less than that of the Chinese standard GB2626-2006.

In the fourth part of the contract delivery and acceptance part, it is stipulated that the port company shall entrust designated personnel to be responsible for the documentary inspection in the production process of the mask, and the quality objection shall be put forward on the spot. Hidden defects should be submitted to the company in writing within 10 days after receiving the goods, which is deemed to be in conformity with the contract.

"We started the first cabinet (batch) of the mask was always accompanied by a documentary staff at the scene. Later, at the end of the third cabinets, our merchandiser randomly took 30 masks on the packaging line of the mask, inspecting the detection equipment on the Sha Sha, and found unqualified products. According to the relevant person in charge of the harbor company, after finding the quality problem, the company's merchandiser immediately reflected with the staff of the Sha Sha knitting company. The staff said it might be that the equipment had not been adjusted well, and suggested that other plants should test the equipment. As a result, the Hong Kong company's merchandiser went to other factories for testing and found that there were still unqualified products.

Subsequently, the port company asked the company to jointly detect.

"But she didn't respond. She thought the factory was not responsible, and the factory's goods were qualified. And our attitude is not to let a problem mask flow into the market. Bay Co responsible person.

Subsequently, the port company commissioned the national textile and garment product quality supervision and Inspection Center (Zhejiang) to check through the Yiwu Asian American company. In June 16th, the company received three inspection reports issued by the national textile and garment product quality supervision and Inspection Center (Zhejiang). The three inspection reports showed that the three inspection masks (which were all produced by the company and the KN95 masks manufactured by the company) were not qualified, and the unqualified rates were 50%, 90% and 100% respectively.

In addition, the port company commissioned the laboratory 4C Air and Inc in the Silicon Valley of the United States to test according to the Chinese standard. It was found that the unqualified rate of 10 samples was 50%.

The harbour company also reflected to the Yiwu market authority. The 300 masks sampled by the Yiwu market authority were all qualified.

"There are 432 thousand left over in the workshop of the company. The Yiwu market authority inspector randomly selected 15 boxes of open boxes, and then took 300 of them to carry out the inspection. The overall sampling rate was only 2/10000. We hope that the market regulatory authority will be able to test 291692, 291693, 291694, 291695, 291696, 291697 batches of respirators, but for various reasons, they can not be achieved. The relevant person in charge of the harbor company said.

According to the relevant person in charge of the harbor company, the mask is produced in batches. The quality of raw materials supplied, the running status of the production equipment, and the quality control of the manufacturers in each batch process are different. Any problems that are not discovered or excluded in a link will result in quality problems in the batch or the adjacent batch products.

The port company said it would report the quality of the mask to the customs.

According to the relevant person in charge of the harbor company, in June 23rd, the Yiwu market supervisory authority and the traders held a coordination meeting. The traders put forward their own demands.

According to the request statement on the investigation and treatment of the company, the port company proposed 800 thousand products refund and 4 million refund to the Yiwu Red Cross Society, or the remaining 430 thousand masks from the company to the Ningbo customs for four demands.

In June 26th, the company and port company jointly participated in the coordination meeting organized by the market supervision bureau and the Jiangjiang sub district office.

According to the instructions on the meeting after the coordination meeting of the port company, the harbour company is concerned about the quality problems. It is hoped that the Yiwu market regulatory authority will register the suspected 29169 batches of respirators.

In June 28th, the two sides held a meeting again. The head of the harbor company said that Lun Sha knitted did not agree to seal up the storage and refused to pick up the goods.

"Our demands will not change, and the quality of masks is consistent. We will not let a problem mask flow into the market." The head of the harbor company said that the company has also maintained an open and consultative attitude, but now the attitude of the company has made it impossible for the port company to retire. At present, the company continues to ask for delivery and pick up the container. After going to Ningbo customs, it will report the quality problem to the Ningbo customs.

In view of this matter, radar finance and economics called many sales staff, and the staff said they were only responsible for business sales and had no right to express their opinions on the incident.

Lun Sha knitting was suspected of organizing pyramid selling.

According to the data from the sky eye, the knitting company, which was involved in quality disputes, was founded in June 1995 with a registered capital of 159 million 410 thousand and 900 yuan.

The business scope of the knitting industry is in addition to the sales of needle textiles and raw materials, clothing manufacturing, clothing wholesale, fabric textile processing, home textile manufacturing, knitting or crochet weaving and their products, including the first class medical device production, the first class medical device sale, daily masks (non medical) production; daily masks (non medical) sales; Production of protective products for medical and nursing personnel (class I medical devices); wholesale of protective supplies for medical staff; sales of second kinds of medical devices.

Hui Ju cloud data show that the trademark "La Sha" is owned by the "Sha Sha" knitting. After the long term use and publicity of the "Sha Sha" trademark, the "Sha Sha" brand already has a great reputation.

Liu Moumou of Ji'nan, Shandong, once found that the "swords" sock was printed on the outer packaging of his supermarket, and was discovered by Linda knit, which eventually compensated for the $6000 yuan.

It is worth mentioning that Lun Sha knitting has also been suspected of pyramid selling.

An administrative ruling of the Chinese referee's official website shows that in the case of investigating and distributing pyramid schemes by LX knitting, the Huangmei county market supervisory authority applied to the Huangmei County People's Court on 7 May 2019 to prevent the applicant from transferring or hiding the illegal funds. The request was made to freeze the related funds account of the applicant's Lun Sha knitting company in the financial institution.

After examination, the people's Court of Huangmei county held that the application of Huangmei county market supervision and Administration Bureau was in conformity with the provisions of the law, in accordance with the eighth regulations of the State Council's regulations on pyramid selling prohibition, and the application of the Supreme People's court.

According to the data from the sky eye, the big shareholder of the Sha Sha knitting company is the "Sha Sha holding company". In June 20, 2017, the website of the Ministry of Commerce announced the publicity of the application of direct selling license of Lun Sha holding company. The public notice period was from June 20, 2017 to July 4th.

According to the 2018 report of Changjiang Daily, as early as 2016, Lau has been developing direct selling business. The direct selling section is called "the health of Lau Sha". The bonus system is a double track system. There are four levels, including Puka, silver card, gold card and diamond card, with the sum of 2500 yuan, 5000 yuan, 10000 yuan and 20000 yuan respectively. In addition to the traditional Direct Selling Company's start-up awards, Leadership Awards and repeat consumption awards, there are special mutual encouragement and encouragement.

According to the China Economic Daily, there is a post in the thick state forum in Yiwu, where people are very popular. According to media reports, it is questioned that the direct selling of Lour Sha is a disguised pyramid scheme. It is questioned that the "bonus system" adopted by the United States system refers to the three tier distribution, the direct sharing bonus, the system bonus (1 - 8 tier), the team award, the bonus and so on. It is not only "buy tickets first after boarding the ship," but also sell direct marketing on suspicion of direct selling.

Sha Sha shares in 2019 double net profit

According to information from the sky, the final beneficiaries of the group are Weng Rongjin, Weng Guanrong and Weng Rong Di, respectively. Their shareholding ratios are 33.34%, 33.33% and 33.33% respectively. In 1995, three people founded the famous snail sock industry.

Flush IFind shows that the company is the controlling shareholder of the listed company, and Weng Rongjin, Weng Guanrong and Weng Rongdi are the actual controllers of the company. The shareholding ratio is 14.23%.

The shares of the company are listed on the backdoor. In May 2006, the company signed an agreement with Yibin state capital company to sell 70 million shares of the Yangtze River to 34 million 671 thousand and 300 shares of state shares. However, the company did not pour into the listed company the sore sock industry, but the price of its 100% stake in Lingsha underwear was injected into the listed company by 68 million 620 thousand yuan. Changjiang Holdings has been renamed as "Sha Sha shares" and has become the "first underwear company in China".

In 2007, the net profit of the company reached 299 million yuan, which is the peak of the company's performance. Since then, the company's net profit has been hovering around tens of millions of yuan, or even a loss.

In April 29th this year, the company announced its annual report in 2019. The company's operating income was 331 million yuan, down 14.59% compared to the same period last year. Net profit was 15 million 838 thousand and 200 yuan, down 45.69% compared with the same period last year.

Up to now, the market value of the company has reached 1 billion 473 million yuan, and the higher point has evaporated over 7 yuan.