No, according to Cha official website, an inquiry company, Yuan Qizhi is an Internet health technology company founded in 2020. The company is committed to providing users with personalized health management solutions and high-quality health products through Internet technology and big data analysis. Yuan Qizhi's products cover nutrition and health products, health food, personal care and other fields, aiming to meet the diversified health needs of users. The company has a professional R&D team and a nutritionist team, and constantly introduces health products that meet the needs of users. Therefore, Yuan Qizhi is a formal Internet health technology company.