SHGBIT(SH:603918) Qi Lu Wan Bao·2025-07-03 09:17Core Viewpoint - Shanghai Jinqiao Information Technology Co., Ltd. (Jinqiao Xinke), a subsidiary of Jinqiao Information (603918.SH), has been placed on the military procurement suspension list due to alleged collusion in bidding activities [1][2]. Company Information - Jinqiao Xinke is fully owned by Jinqiao Information, which was listed on the Shanghai Stock Exchange in 2015 and has over 20 branches nationwide [4]. - The company specializes in providing information technology solutions across various sectors, including government, justice, education, healthcare, and finance [4]. - Jinqiao Xinke was established on April 21, 2008, with a registered capital of 50 million RMB [5]. Violation Details - The suspension is due to "collusion in bidding," specifically related to project number JXFT-PX-2018-030, where Jinqiao Xinke was found to have engaged in dishonest conduct [2][3]. - The suspension will take effect from June 28, 2025, preventing Jinqiao Xinke from participating in procurement activities for the armed police force [3]. Market Performance - As of July 3, 2025, Jinqiao Information's stock price was 19.94 RMB, reflecting a 1.22% increase [6].