On September 27, 2021, the Zhejiang Provincial Administration for Market Regulation ("ZAMR") released on its website an administrative penalty decision against a manufacturer of civil electrical products for implementing a vertical monopoly agreement to fix or restrict prices when it resold civil electrical products. The penalty fine imposed was RMB290 million, equal to 3% of the manufacturer's 2020 product sales in mainland China of RMB9.827 billion.