Core Viewpoint - Recently, the military procurement network announced the suspension of Runjian Co., Ltd. due to allegations of collusion in bidding activities [1][5]. Company Information - Runjian Co., Ltd. was established in 2003 and listed on the Shenzhen Stock Exchange in 2018, with a registered capital of 2.20746347 billion yuan [10][12]. - The company operates in various sectors including communication networks, digitalization, IDC, and new energy, serving over 23 provinces and 200 cities across China [10][12]. - In 2022, the company achieved a revenue of 8.16 billion yuan [10]. Suspension Details - The suspension is effective from September 4, 2025, preventing the company from participating in military procurement activities [5]. - During the suspension, the legal representative Xu Wenjie and other companies he controls are also barred from participating in military procurement [5]. Financial Performance - For the first half of 2025, the company reported a revenue of 4.867 billion yuan, a year-on-year increase of 10.02% [12][13]. - However, the net profit attributable to shareholders decreased by 83.37% to 39.23 million yuan, and the net profit after deducting non-recurring gains and losses fell by 85.95% to 32.16 million yuan [12][13]. - The basic and diluted earnings per share dropped by 83.33% to 0.14 yuan [13].