Zhongxin Finance, February 7th. Recently, the Beijing Municipal Administration of Market Supervision released an administrative penalty letter showing that because it was shoddy, the down jacket costing 75 yuan/piece was sold at a price of 1,500 yuan/yuan, and Yi Nian ( Shanghai) Fashion Trading Co., Ltd. (hereinafter referred to as "Yi Nian") was fined RMB 157.0445 million.

　　The punishment book shows that on July 2, 2021, Yi Nian entrusted Dandong Xiangteng Clothing Co., Ltd. to produce a total of 80 down jackets for it

, at a production cost of 75 yuan per piece

.

The product expressly implements the standard GB/T14272-2011 "Down Clothing" and GB18401-2010 Class C "National Basic Safety Technical Specification for Textile Products".

　　On September 20, 2021, Yi Nian used 7 of them for sales at the counter of Beijing Hanguang Department Store Co., Ltd. (Hanguang Department Store), and 2 of them were used in Beijing Juntai Pacific Department Store Co., Ltd. (Juntai). Department Store) counter sales, priced at 1598 yuan / piece.

　　As of November 3, 2021, Yi Nian has sold a total of 2 pieces (one of which was sold by random inspection) and has not been recovered.

The total sales amounted to 2237.2 yuan (sold at a 30% discount on the list price).

After deducting production costs and expenses deducted by shopping malls, a total of 742.86 yuan, tax payment of 171.89 yuan, Yi Nian profit 1322.45 yuan.

The total value of the above products is 14,382 yuan.

　　In this regard, the Beijing Municipal Administration for Market Regulation made the following punishment decisions: 1. Confiscation of 7 pieces of women's down jackets with the E·LAND trademark number EEJDB49C4M-01 produced by Yinian (Shanghai) Fashion Trading Co., Ltd.; 2. Confiscation of illegal gains 1322.45 yuan; 3. A fine of 14382 yuan.

　　According to public information such as Tianyancha App, Yinian (Shanghai) Fashion Trading Co., Ltd. is an affiliated company of Yilian Clothing, which is a wholly-owned subsidiary of Yilian (China) Investment Co., Ltd. and is affiliated to the Korean Yilian Group.

The official Weibo of "ELAND China" is also certified as Yi Nian (Shanghai) Fashion Trading Co., Ltd.

(Finish)