Core Points - A joint investigation team was established in Xianyou County, Fujian, following a report on counterfeit certification for rosewood products, specifically bloodwood being sold as the more valuable small-leaf rosewood [2][3] - The investigation confirmed the authenticity of the report, leading to the seizure of counterfeit certificates and products, and legal action against the involved parties [2][3] - The local government plans to implement industry-wide rectification measures and improve regulatory mechanisms to protect consumer rights and maintain industry reputation [2][3] Industry Issues - There are significant issues in the redwood market, including the sale of products misrepresented in terms of material and inflated pricing, which disrupts market order and harms consumer rights [2][3] - Bloodwood, which is not classified as national standard redwood, is priced at approximately 10,000 yuan per ton, while small-leaf rosewood, a valuable national standard redwood, can reach 400,000 yuan per ton [2][3] - A local identification agency was found to be operating out of a residential area, providing low-cost counterfeit certificates that falsely authenticate inferior products, contributing to the proliferation of fraud in the market [3]