Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Tianjin, Nanning, Shenyang, Chongqing, Chengdu, Wenzhou, Hangzhou, Shanghai and other regions announced: Investigation and handling of enterprises involved
Emergency Notice.
On the evening of March 15, in response to the illegal activities exposed by CCTV’s “3.15” Gala, including “bleached chicken feet,” “万能神药” (miracle cure), and “height enhancement marketing,” the State Administration for Market Regulation quickly activated the emergency response mechanism, deploying law enforcement actions. The investigation results will be promptly announced to the public. (Related report: Just now! CCTV’s 3.15 exposes seven major industry chaos, involving these A-share companies! The State Administration for Market Regulation acts swiftly.)
Cities such as Tianjin, Nanning, Shenyang, Chongqing, Chengdu, Wenzhou, Hangzhou, and Shanghai also issued overnight notices, conducting investigations on the involved companies.
Tianjin: Investigation and Handling of the “Miracle Cure” Involved Company
On the evening of March 15, CCTV’s “3.15” Gala exposed issues related to Tianjin Haolin Biotechnology Co., Ltd.
Tianjin has established a joint investigation team composed of the Tianjin Drug Administration, Tianjin Health Commission, Tianjin Public Security Bureau, and Tianjin Market Supervision Administration to conduct investigations and enforce the law, resolutely cracking down on illegal activities and safeguarding the legitimate rights of the people.
Shenyang: Investigating Multiple Companies for “Private Domain Marketing Scam Targeting the Elderly”
On the evening of March 15, CCTV’s “3.15” Gala exposed issues involving Shengwei and Aoying companies in Shenyang engaging in private domain marketing scams targeting the elderly.
The Shenyang Market Supervision Bureau, together with relevant departments, formed a joint investigation team to conduct on-site investigations. Moving forward, they will handle the case strictly according to law and regulations, and the relevant information will be released to the public in a timely manner.
Chongqing: Filing Investigation into “Bleached Chicken Feet” Companies
On the evening of March 15, CCTV’s “3.15” Gala exposed Chongqing Zengqiao Food Co., Ltd. for illegally using hydrogen peroxide in the processing of chicken feet.
Chongqing Market Supervision Administration announced that law enforcement officers from the Hechuan District Market Supervision Bureau have entered the company to conduct further in-depth investigations. Currently, the company has been filed for suspected illegal activities, products involved have been seized, and the company is urged to recall the implicated products voluntarily.
Chengdu: Orders to Suspend Production and Business for Three Companies Involved in Foreign Exosome and Related Issues
On the evening of March 15, CCTV’s “3.15” Gala exposed issues related to “bleached chicken feet” and “‘miracle cure’ exosomes,” involving Chengdu Shufu Xiang Food Co., Ltd., Mingyang Food Co., Ltd., and Jebosair Biotechnology Co., Ltd.
Chengdu has established a joint investigation team to carry out enforcement actions, conducting comprehensive inspections of the involved companies. They have ordered the companies to cease production and business operations, and all related products and raw materials have been sealed. The investigation is ongoing.
Wenzhou and Hangzhou: Filing Investigation into “Height Increase” Scam Companies
On the evening of March 15, CCTV’s “3.15” Gala exposed scams related to “height increase.” Wenzhou and Hangzhou issued investigation notices on multiple involved companies.
Wenzhou issued investigation notices to several companies involved. Wenzhou’s Lucheng District Market Supervision Administration, together with relevant departments, conducted on-site enforcement investigations into companies like “Dejiruì,” suspected of false advertising about “physical height increase for teenagers.” Further actions will be taken based on evidence collected, in accordance with law and regulations. Additionally, a special industry rectification campaign has been organized to protect consumers’ legitimate rights.
Hangzhou filed investigations into companies involved in the “height increase” scam. Hangzhou Anlishen Health Management Co., Ltd. is suspected of being involved in the scam. The Hangzhou High-tech Zone (Binjiang) Market Supervision Administration conducted on-site inspections and has filed a case against the company, collecting evidence. Further actions will be taken according to the investigation results, strictly following legal procedures.
Shanghai: On-site Inspection of Illegal Electric Bicycle Rental Companies like Hello and Others
On the evening of March 15, CCTV’s “3.15” Gala exposed illegal practices by Shanghai Hello Puhui Technology Co., Ltd. and Bojingsi Network Technology (Shanghai) Co., Ltd. in electric bicycle rentals.
The Shanghai Market Supervision Administration announced that the municipal and district-level market regulation departments immediately activated the emergency response mechanism, working with public security and transportation departments to conduct on-site inspections of the involved companies overnight. The investigation results will be announced promptly. Moving forward, relevant departments will jointly carry out comprehensive rectification of illegal activities in the electric bicycle rental sector to maintain market order.
Zunyi: Sealing of “Stock Recommendation and Profit Sharing” Scam Company
On the evening of March 15, CCTV’s “3.15” Gala exposed Zunyi Xinben Ke Information Consulting Co., Ltd. for conducting stock investment consulting under the guise of “stock recommendation and profit sharing,” suspected of illegal activities.
The Zunyi Municipal Government Information Office issued a notice stating that the company has been sealed off, and the company’s responsible persons and related personnel are under control. Evidence has been collected, and an in-depth investigation is underway. Further actions will be taken according to the investigation results, strictly following legal procedures.
Meishan, Sichuan: Inspection and Evidence Collection of Companies Providing Hydrogen Peroxide Violations
In response to the issues reported by CCTV’s “3.15” Gala regarding Sichuan Jinshan Pharmaceutical Co., Ltd. illegally supplying unlabeled hydrogen peroxide and violating hazardous chemical management regulations, the Meishan Market Supervision Bureau stated that they have jointly conducted inspections and evidence collection with relevant departments. Further actions will be taken according to the investigation results, strictly following legal procedures.
Compiled from: CCTV News
Proofread by: Zhao Yan