Pang Donglai statement: Has never engaged in live-streaming sales business.

On August 13, the official account of Pang Donglai released a statement regarding exposure of infringement activities: Recently, a number of homogenized accounts have appeared on online platforms, engaging in unfair competition through malicious guidance and false advertising, which has seriously misled the public and harmed consumers' legitimate rights and interests. Pang Donglai stated that it has never conducted live commerce on any online platform, nor has it authorized any organization or individual to set up online stores or sell products through live streaming.