Core Viewpoint - Yantai Sanhuan Technology Co., Ltd. has been placed on the military procurement suspension list due to alleged collusion in bidding violations, effective from June 28, 2025 [1][4]. Company Information - Yantai Sanhuan Technology Co., Ltd. was established on April 29, 2001, with a registered capital of 76 million RMB [5]. - The legal representative of the company is Jie Yifei, who also holds significant control over other enterprises during the suspension period [4][5]. - The company primarily engages in the development and production of high-tech products, including intelligent fingerprint access control systems [4]. Violation Details - The suspension is a result of violations identified during the procurement activity for project number JXFT-PX-2018-030, where the company was found to have engaged in dishonest conduct [1][4]. - The suspension will prevent the company from participating in procurement activities for the armed police force, and the authorized representative, He Maosheng, is also barred from representing other suppliers in this context [4]. Parent Company Information - The major shareholder of Yantai Sanhuan Technology is Yantai Sanhuan Lock Industry Group Co., Ltd., which has diversified its business from lock manufacturing to various sectors including automotive parts and non-ferrous metal processing [4][5]. - Yantai Sanhuan Lock Industry Group was founded in 1981 and has a registered capital of 100 million RMB [5].