Core Points - On August 25, 2025, Shangrao Kexin Water Conservancy and Hydropower Survey and Design Consulting Co., Ltd. was listed on the government procurement serious illegal and untrustworthy behavior record [1][2] - The company was found to have engaged in bid-rigging with Guizhou Raoyu Water Conservancy Survey and Design Co., Ltd., as evidenced by audit documents [2][3] Penalties - The penalties imposed on the company include: 1. A fine of 9,800 RMB, which is 0.5% of the bid amount 2. A one-year ban from participating in government procurement activities 3. Confiscation of illegal gains amounting to 58,800 RMB, which is 3% of the illegal income [3] Company Background - Shangrao Kexin Water Conservancy and Hydropower Survey and Design Consulting Co., Ltd. was established in 2003 with a registered capital of 2 million RMB and is fully owned by Shangrao National Control Engineering Construction Consulting Co., Ltd. [7] - The company specializes in engineering planning, geological surveys, measurement, design, water conservation scheme preparation, and water resource verification and consulting, having completed over 2,000 projects in the water conservancy and hydropower sector [6]