HowNet solicits opinions on rectification, after being investigated for suspected monopoly

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Yesterday, Tongfang CNKI (Beijing) Technology Co., Ltd. issued a notice saying that CNKI is currently undergoing various business rectifications, and all sectors of society are very welcome to put forward opinions and suggestions on the future development of CNKI.

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On May 13, the State Administration for Market Regulation announced an investigation into CNKI’s alleged monopolistic behavior.

At that time, CNKI responded that it would take this investigation as an opportunity to conduct in-depth self-examination, comprehensive self-examination, thorough rectification, and operate in compliance with laws and regulations. At the same time, CNKI is also introspecting, and is studying to optimize and improve its business model, and actively carry out rectification.

On June 1, Tongfang HowNet Digital Publishing Technology Co., Ltd., a related company of CNKI, underwent an industrial and commercial change, and Wang Mingliang stepped down as chairman and manager.

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