What is the reason why Gree Electric was disqualified from winning the tender by China Mobile?

Geli Electric was disqualified from winning the bid by China Mobile because of falsification in China Mobile's bidding.

July 3, through the China Mobile procurement and bidding network inquired due to the Gree Electric (000651.SZ) in a procurement project in the presence of fraud, China Mobile canceled its qualification for winning the bid in the project. At the same time, the announcement said it deducted 5 points from Gree Electric's comprehensive evaluation score for participation in similar projects in the following three years.

The project mentioned in the announcement that Gree Electric had falsified was the "2020 to 2021 high-pressure centrifugal chiller centralized procurement project". According to the previous bidding announcement, the total procurement scale of the project is 408.4 million yuan,*** involving 193 high-pressure centrifugal chiller units.

This project is a mixed bidding, **** divided into two packages. Gree Electric originally won a 30% share of the bid, while Chongqing Midea General Refrigeration Equipment Co., Ltd, a controlling subsidiary of Midea Group, won 70% of the bid. After Gree Electric was disqualified, Midea Group's controlling subsidiary won the full share of the bid.

Expanded

GREE Chairman Dong Mingzhu has repeatedly emphasized the importance of "integrity":

In the "2019 Let the world fall in love with the At the "2019 Made in China Summit Forum", Dong Mingzhu said that entrepreneurs need to have at least a sense of family and country; secondly, they must be honest; thirdly, they must have the ability to create.

At the same time, said the enterprise is to have the "blade to the inside" courage, do not cover up their own ugly and wrong, to dare to face, dare to sword, and Gree Electric dare to "blade to the inside".

Red Star News - Red Star Capital Bureau Gree Electric due to fraud by China Mobile canceled the qualification of winning the bidding of the relevant person in charge: inconvenient to disclose the reasons