China News Service, Beijing, September 10 (Reporter Cheng Chunyu) Recently, the State Administration of Market Supervision has urged three auto chip distributors, Shanghai Qiante Electronics Co., Ltd., Shanghai Chengsheng Industrial Co., Ltd., and Shenzhen Yuchang Technology Co., Ltd., to drive auto chips. A total of 2.5 million yuan was fined for price actions.
In the first half of this year, due to the overall under-starting of the global semiconductor industry, the Japanese earthquake, and the Texas Blizzard, the supply of automotive chips was seriously insufficient.
my country’s domestic epidemic has been effectively controlled, the production capacity of new energy vehicles has expanded, and the demand for chips has increased significantly. In addition, the rapid development of 5G technology has led to a rapid increase in the demand for chips in the electronics field, which has squeezed out the production capacity of some automotive chips, resulting in an imbalance in the supply and demand of domestic automotive chips.
It is understood that automobile chips are an important component of the automobile manufacturing industry. An ordinary car needs more than 200 chips, and a new energy vehicle needs at least 500 chips.
The shortage of automobile chips has led to a significant decline in the production and sales of automobiles in my country. In June, the production and sales of passenger vehicles in my country were 1.555 million and 1.569 million, down 3.8% and 4.7% respectively from the previous month.
At the same time, some illegal vendors and hot money groups maliciously snapped up chips in China, hoarding them and driving up prices, causing the prices of some car chips to continue to rise, some by 3-10 times, and some by 30-40 times, which seriously affected my country's automobiles. Orderly production and healthy development of the industry.
In response to the sharp increase in the price of some car chips, in August this year, the State Administration of Market Supervision established a task force to strengthen price monitoring and comprehensively sort out clues.
According to a survey conducted by the State Administration of Market Supervision, since the beginning of this year, the price of chips sold by auto chip manufacturers and authorized agents has increased by 10%-15%, and individual chips have increased by 50%.
Some distributors took the opportunity to maliciously snap up the shortage of chips, sharply increase their prices, drive up prices, and make high profits.
After grasping specific clues, the State Administration of Market Supervision established two special investigation teams to conduct investigations on auto chip distributors in Shanghai and Shenzhen respectively.
According to investigations, the three distributors of Shanghai Qiante, Shanghai Chengsheng and Shenzhen Yuchang significantly increased the price of some automotive chips. For example, chips with an purchase price of less than 10 yuan were sold at a high price of more than 400 yuan, an increase of 40 times.
Under the conditions of a balance of supply and demand, the markup rate of auto chip traders is generally 7%-10%.
The above-mentioned corporate actions violated Article 14 of the Price Law of the People’s Republic of China, “Business operators shall not engage in the following improper price behaviors: (3) Fabricating and disseminating price increase information, driving up prices, and promoting excessively high prices of commodities." It constitutes a price violation as referred to in Article 6, paragraph 1, item (3) of the "Provisions on Administrative Penalties for Pricing Illegal Acts" that "use other means to drive up prices and promote excessively rapid and excessive increases in commodity prices".
On September 7, the State Administration of Market Supervision imposed administrative penalties on three dealerships for driving up the price of auto chips, and imposed a total fine of 2.5 million yuan.
The General Administration of Market Supervision stated that in the next step, it will continue to pay close attention to the price order in the chip field, strengthen price monitoring, and severely crack down on illegal activities such as hoarding and driving up prices to maintain a good market order.
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