According to official website's information of Ningbo Intermediate People's Court, in August 2020, Ningbo Intermediate People's Court sentenced Yang, the relevant person in charge of Ningbo Qianshou Life E-Commerce Co., Ltd. (hereinafter referred to as Qianshou Life), and found him guilty of fund-raising fraud, illegal absorption of public deposits, misappropriation of funds and other crimes, sentenced him to fixed-term imprisonment of 14 years and fined him 1 10,000 yuan. As of May 22, 2023, Yang has not been released. Qianshou Life is an enterprise integrating high-tech plastic surgery, professional beauty, hairdressing, education, training and sales. Founded in 1999, it is located in the bustling New Street of Ningbo. With the help of friends from all walks of life, the scale of the center has been expanding and the business is booming.