Qi Lu Wan Bao·2025-08-15 00:42Core Viewpoint - Fujian Water Investment Group Pingnan Water Co., Ltd. received an administrative penalty for using substandard water meters, resulting in a fine of 0.000001 million yuan (1 cent) and the confiscation of illegal property [1][2][7]. Company Information - Fujian Water Investment Group Pingnan Water Co., Ltd. was established on November 18, 2016, with a registered capital of 40 million yuan. The legal representative is Du Linping, and the major shareholder is Fujian Zhongmin Water Investment Group Co., Ltd. [9]. Administrative Penalty Details - The penalty was issued on August 11, 2025, by the Pingnan Market Supervision Administration, citing violations of Article 9, Paragraph 1 of the Measurement Law of the People's Republic of China for using unqualified water meters [2][7]. - The penalty included a fine of 0.000001 million yuan and the confiscation of the same amount for illegal gains [2][7]. Previous Violations - The company had a prior penalty on April 21, 2025, for illegally charging users for remote smart module control device fees, amounting to a fine of 27.766 million yuan and the confiscation of 0.69644 million yuan in illegal gains [8].