SMEIC(SH:600835) Qi Lu Wan Bao·2025-08-25 05:58Core Viewpoint - Shanghai Mitsubishi Elevator Co., Ltd. Meizhou Branch was fined for failing to comply with safety maintenance regulations for elevators, highlighting regulatory scrutiny in the elevator maintenance industry [1][3]. Group 1: Administrative Penalty Details - The administrative penalty was issued on August 22, 2025, with a fine of RMB 20,000 (¥20,000) to be paid to the national treasury [2][3]. - The violation was based on the failure to adhere to the "Elevator Maintenance and Repair Rules" (TSGT5002-2017) [3]. - The inspection revealed that the elevators had exceeded their inspection validity date, and maintenance records were not properly documented [2][3]. Group 2: Company Background - Shanghai Mitsubishi Elevator Co., Ltd. is a joint venture established by Shanghai Mechanical and Electrical Holdings Co., Ltd. and Mitsubishi Electric Corporation, among others, and is a leading elevator manufacturer in China [5][7]. - The company employs approximately 15,000 people and has manufactured and sold over 1.4 million elevators [5]. - The Meizhou branch was established in 2018 and is managed by Shanghai Mitsubishi Elevator Co., Ltd., which was founded in 1986 with a registered capital of approximately USD 15.53 million [7].