Core Points - Dongguan Jin Xing Garment Co., Ltd. was fined 80,000 yuan and ordered to suspend construction for failing to timely and fully pay labor costs to the general contractor of the Dongguan Fengdi Garment Quick Return Intelligent Manufacturing Center project [1][2] - The project, with a total contract value of 450 million yuan, is a significant construction project in Dongguan, expected to generate an annual output value of 803.28 million yuan upon completion [2][3] Summary by Sections Company Overview - Dongguan Jin Xing Garment Co., Ltd. is a subsidiary of Guangdong Fengdi Energy and Environmental Protection Group Co., Ltd. [3] - Fengdi Group, established in 2008, operates over 30 controlled enterprises with an average annual operating income of approximately 800 million yuan [3] Project Details - The Dongguan Fengdi Garment Quick Return Intelligent Manufacturing Center project includes multiple facilities and was initiated on March 1, 2024, with a total investment of 1.52 billion yuan [2][3] - The project aims to create a comprehensive professional park centered around the garment industry ecosystem, adopting a "small batch quick return" model [3] Compliance Issues - The company failed to pay the required 20% of the project progress payments as labor costs, with actual payments only constituting 8.7% and later 9.8% of the progress payments [1][2] - After receiving a correction notice, the company did not comply within the stipulated timeframe, leading to the administrative penalties imposed by the Dongguan Housing and Urban-Rural Development Bureau [2]