Personally, no, though its not unheard of for Chinese companies to that....lol..... I would doubt that's the case here IMO.
If I'm right about the company, it looks fairly new, it's unlikely they could call themselves Hongyuan Holdings Group in China as A) it would be confusing....and B) the same reason I wouldn't start a company here in the US and call it Google Inc......trademark infringement and other legal hassles. Here they are free to call it that without any issues.
Hongyuan 'Holdings' sounds legitimate enough, the business description in China has a couple of different industries, so likely has a few subsidiaries:
Quote:Cultural and artistic exchange activities planning; health management consulting; business operation management; design, production, and domestic advertising business; exhibition services; car rental; technology development and technology promotion of traditional Chinese medicine; education consulting services; sales: prepackaged food and bulk Food, arts and crafts, audio-visual products, electronic products, household appliances, clocks, glasses, clothing, cosmetics, daily necessities, stationery, health food, leather goods; retail: cigarettes, cigars, domestic publications.
I doubt there is anything nefarious here, I just would not personally buy it as Chinese tickers here in the US have mostly shite since COVID.....and have been especially bad recently, I have probably 10 of them and none have gotten any significant volume in eons.