![]() | |
Company type | Private |
---|---|
Industry | Multi-level marketing company |
Founded | 1995 |
Founder | Li Jinyuan |
Headquarters | , China |
Key people |
|
Products | Dietary supplements |
Subsidiaries | Tianjin Tianshi Biological Development Co., Ltd. Tiens Yihai Co. Ltd. |
Website | www |
Tiens Group ( /ˈtiːɛns/ , from Chinese :天狮; pinyin :Tiānshī; lit.'heavenly lion') is a Chinese multinational conglomerate and multi-level marketing company headquartered in Tianjin, China. [1] It has 126 branches in 111 countries around the world. The head of the company is Li Jinyuan, a Chinese businessman, investor, and philanthropist. [2]
The main products are dietary supplements and massagers. Sales of goods occur through a network marketing system, distribution networks of the office-warehouse system, as well as through online stores. The company has been certified according to Good manufacturing practice requirements in China, [3] and possesses a set of certificates and permissions in other countries.
Tiens Group was founded in 1995 by Li Jinyuan. Tiens entered the international market in 1997. [4] The company's initial product offerings included traditional Chinese medicinal products, calcium tablets, and instant coffee. In 2008, they reported having 12 million MLM distributors worldwide, including more than 40,000 in Germany, [5] and 40 million customers, [6] mostly in Russia, with approximately 60,000 in Germany. [7] In 2014, they reported having 200,000 distributors in Uganda. [8] The company also has market partners in Indonesia, Hungary and Kazakhstan. [9]
The base company's products are dietary supplements and massagers. The company's production facilities are located in the Tianjin New Technology Industrial Park. [10] [11] [12] Sales of goods occur through a network marketing system, distribution networks of the office-warehouse system, as well as through online stores. [13]
The group is represented by the following companies: Tiens Biotech Group, Inc. (USA, Delaware); Tianjin Tianshi Group Co., LTD (PRC); Tianshi International Holdings Group Ltd. (British Virgin Islands); Tianjin Tianshi Biological Engineering Co. Ltd (PRC); Tianjin Tianshi Pharmaceuticals Co., Ltd (PRC); Tianjin Tianshi Life Resources Co., Ltd (PRC); Tianjin Tianshi Biological Development Co., Ltd (PRC); Tiens Yihai Co., Ltd (PRC). [14]
The corporation's headquarters is located in the Henderson Center in Beijing. The main production areas, measuring more than 0.26 km2, are located in the Wuqin New Technology Introduction Zone of Tianjin city. The company also operates a manufacturing facility in Vietnam. [15]
The company has established long-term partnerships with such worldwide companies as L'Oreal, Pfizer Pharmaceuticals and Shiseido. [16]
To promote its products, the company establish contracts with mass sports athletes from different countries, whom it calls "ambassadors". Over 50 sportsmen are involved. [17] Among them are Uzbekistani gymnast Oksana Chusovitina, [18] Russian athletes Alexandra Trusova [19] and Varvara Subbotina. [20]
In Russia, Tiens Group has been engaged in direct sales since 2010. As of the beginning of 2023, Russia-based OOO "Tianshi" has 8 of its own divisions in Moscow, Yekaterinburg, Irkutsk, Krasnodar, Kazan, Novosibirsk, St. Petersburg, Ufa, as well as about 80 partner offices in different regions. According to a company representative, about 10 thousand independent distributors are involved in direct sales of the company's products in Russia, and the number of regular customers is about 120 thousand. [21] The company cooperates with several Russian industries. In 2022, the company announced that it would invest $500 thousand in the search and development of local production facilities in Russia. [22] [23]
The founder and chairman of the board of the company, Li Jinyuan, [2] according to Forbes, is an active philanthropist who donates money to social projects. He founded the Tiens Meijing International Charitable Foundation, into which Li Jinyuan invested about 100 million of US dollars. He also committed $100 million to establish Tianshi College in China (in 1999), a state-approved educational foundation in Tianjin city with a capacity of 3,400 students. In 2016, The Economic Times newspaper indicated that Li Jinyuan allocates large sums to help victims of tsunamis and earthquakes, as well as to combat the SARS virus. [24] [25]
Company employees also massively participate in charity initiatives. E. g. in 2023 Tiens workers in 36 countries collected over $200,000 to help to those suffered from 2023 Turkey–Syria earthquakes. [26]
In May 2015, the company sent 6,400 employees on a four-day tour of France. While in Nice, they set a Guinness World Record for the longest "human-made phrase". [27] [28]
In September 2016, the FDA issued an advisory letter [29] warning them that their claim of treating or preventing "asthma, cancer, rheumatism, diabetes, cardiovascular diseases, myocardial infarction, stroke, sexually transmitted diseases (e.g., herpes), cerebral embolism, and dementia" violates the Federal Food, Drug, and Cosmetic Act. As of December 2022, the FDA still lists Tiens products among "Products Illegally Marketed for Serious Diseases". [30] These include TIENS Super Calcium with Lecithin, TIENS Selenium Supplement, TIENS Natto Ginkgo, TIENS Cell Rejuvenation Yi Kang, TIENS Cordyceps, and TIENS Wei Kang Vitality. [30]
According to an article in The Guardian , in Uganda, the company's "food supplements" are being touted as cures for everything from cancer and HIV to hernias, tumors, and appendicitis. [8] The report claims that the company is a pyramid Scheme, where most of the money is generated from joining fees of new recruits. [8]
Zhejiang Geely Holding Group Co., Ltd. (ZGH), commonly known as Geely Holding, is a Chinese multinational conglomerate headquartered in Hangzhou, Zhejiang. The company is privately owned by Chinese entrepreneur Li Shufu, and mainly engaged in the automotive industry.
TCL Technology Group Corp. is a Chinese partially state-owned electronics company headquartered in Huizhou, Guangdong province. TCL develops, manufactures, and sells consumer electronics like television sets, mobile phones, air conditioners, washing machines, refrigerators, and small electrical appliances. In 2010, it was the world's 25th-largest consumer electronics producer. On 7 February 2020, TCL Corporation changed its name to TCL Technology. It was the second-largest television manufacturer by market share in 2022 and 2023.
Pingdingshan, also known as Eagle City, is a prefecture-level city in central Henan province, China. It had 4,904,701 inhabitants at the 2010 census whom 1,756,333 lived in the built-up area including Ye county being conurbated.
Tianjin Renmin Guangbo Diantai, translated as the Tianjin People's Broadcasting Station (TPBS) is a major radio broadcaster in Tianjin, China. They also operate the Tianjin Television station, also known as TJTV. Tianjin Television (TJTV) is a television network in the city of Tianjin, China. Its official website is called Tianshi Wang (天视网). Popular TV programs on TJTV include "Foreigners in China" (泊客中国), "This Week" (这一周), "Xiaomi Helping You" (小秘帮帮), and "Carnival" (津夜嘉年华). Tianjin Renmin Guangbo Diantai and Tianjin Television together forms Tianjin Television and Radio Station.
China Hualu Group is a Chinese state-owned electronics manufacturer headquartered in Dalian, Liaoning. It was established in Dalian on June 17, 1992, by the joint capital of nine designated video recorder enterprises across the country. It was born for the purpose of building China's video recorder industry.
Yili Group is a Chinese dairy products producer headquartered in Hohhot, Inner Mongolia. It is one of China's leading dairy companies alongside Mengniu, and is listed as an A share company on the Shanghai Stock Exchange (SSE). It is engaged in processing and manufacturing of milk products, including ice cream, milk tea powder, sterilized milk and fresh milk under "Yili" brand, powdered milk under "Pro-Kido" brand, and organic milk under "Satine" brand. In 2018, it was the world's third best-performing food brands. In 2021, Yili ranked 1st on FBIF's Top 100 Chinese Food & Beverage Companies list. It is partly state-owned by the government of Hohhot.
Li Shenglin, a native of Nantong, Jiangsu Province, is a Chinese politician. He has, since 2013, served as the Chair of the Financial and Economic Affairs Committee of the National People's Congress. He was the Minister of Transport from December 2005 to July 2012.
Tianjin TEDA Co., Ltd. is a Chinese conglomerate based in Tianjin, China which engaged in many business areas. It is involved in the businesses of garments, ecological products, transportation operations, medicines and nutrition products.
CRRC Dalian Co., Ltd., often abbreviated as DLoco, is a company located in Dalian, Liaoning Province, China, producing railway locomotives, multiple units and diesel engines.
Li Jinyuan is a Chinese businessman, investor, and philanthropist. He is the founder, chief executive, and chairman of Tiens Group, a direct seller of healthcare products. He was featured on Forbes' 2011 list of the world's billionaires as the 24th richest person in China at that time.
Tasly is a Chinese pharmaceutical company based in the city of Tianjin. It was established in 1994 and is notably producing traditional Chinese medicines.
Tianjin Pipe (Group) Corporation Limited known as Tianjin Pipe or its abbreviation TPCO, is the largest stemless steel pipe maker of China as well as one of the largest in the world.
Jiangsu Shagang Group Huaigang Special Steel Co., Ltd. is a Chinese steel manufacturer based in Huai'an, Jiangsu Province. It was a subsidiary of privately held company Shagang Group via its publicly traded subsidiary Shagang Company for 63.79% stake, from 2010 to 2015. As at 31 December 2013, Huaigang accounted for 99.9% revenue and 97% assets of Shagang Company. However, as at 31 December 2015, Shagang Group owned just 19.88% stake in Shagang Company; in turn Shagang Company owned 63.79% stake of Huaigang. Shagang Group sold 55.12% stake of Shagang Company in 2015, for about CN¥4.6 billion.
China Hi-Tech Group Corporation, Ltd. (CHTC) is a Chinese conglomerate company. The company is owned by the Chinese Central Government via State-owned Assets Supervision and Administration Commission of the State Council (SASAC). The company main focus is on the textile industry. In June 2017, CHTC became a wholly owned subsidiary of Sinomach, another SASAC company, through a restructuring, as part of a plan to reduce the number of SASAC directly-controlled companies.
Hainan HNA Infrastructure Investment Group Co., Ltd. formerly Hainan Island Construction Co., Ltd. is a Chinese listed company based in Haikou.
Baiyin Nonferrous Group Co., Ltd. known also as BNMC is a Chinese company based in Baiyin, Gansu Province, China. The company was the main copper supplier in China.
Seres Group (赛力斯集团股份有限公司) is a Chinese automotive manufacturer founded in September 1986 with headquarters in Chongqing, China. Born as a manufacturer of components for household appliances and shock absorbers, it currently produces cars, motorcycles and commercial vehicles as well as shock absorbers and internal combustion engines. In 2022, the company renamed to Seres Group from Sokon Group. It operates through its subsidiaries Seres, Seres Hubei, XGJAO Motorcycle and Yu'an Shock Absorber Company.
Zhang Lijun is a Chinese business executive and economist. He is a research scholar at Stanford University and is also the Chairman of V1 Group, Dubai China-Arab Satellite TV, and other organizations. Zhang has also served as a visiting professor at the University of Sydney and Nankai University.
The Awang goat is a distinctive livestock species in Chamdo, Tibet, representing a domesticated variety of the purebred plateau wild brown goat, dating back 2,000 years.