An administrative penalty has reignited controversy over shampoo and hair care products highly recommended by “influencer economist” Ren Zeping. According to the administrative penalty decision issued on January 11 on the official website of the Beijing Municipal Administration of Market Supervision, Beijing Funakang Biotechnology Co., Ltd. was fined 80,000 yuan. According to Tianyan Research, Beijing Funakang holds 3% of Suzhou Rensheng Zefa Biotechnology Co., Ltd. (“Suzhou Rensheng Zefa”), while the actual controller of Suzhou Rensheng Zefa is Ren Zeping. (Surge News)
商品功能涉虚假宣传！任泽平推荐的防脱育发产品公司被罚8万元
Product features are falsely advertised! The anti-hair loss product company recommended by Ren Zeping was fined 80,000 yuan
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