Xingwang Yuda: Proibido de participar em atividades de aquisição de serviços de engenharia de suprimentos militares por 1 ano

A Golden Ten Data Nov. 4th announcement: Xingwang Yuda announced that the Military Procurement Network issued an announcement, deciding to prohibit the company from participating in the Army’s Material Engineering Service Procurement activities for one year starting from October 14, 2024. After investigation, the company was found to have violated regulations during the participation in the procurement activities of the Professional Equipment (Secondary) Project. During the prohibition period, the company cannot participate in the procurement activities of Army Material Engineering Services, but it does not affect the research and procurement activities of weapons and equipment. Currently, the overall operation of the company is normal, and the relevant contracts signed before the prohibition date can still be executed normally. From January to September 2024, the proportion of the company’s income from bidding projects in the material engineering service category on the Military Procurement Network was 0.53%. The company will actively appeal and apply for reconsideration. If there are any changes in the final punishment, they will be announced in a timely manner.