Recently, the General Office of the State Council issued the "Notice of the General Office of the State Council on Forwarding the Guiding Opinions of the National Development and Reform Commission on Deepening the Integration and Sharing of Public Resource Trading Platforms", which clearly stated: streamlining management issues and links. The system sorts out the public resource transaction process and cancels bidding registrations that have no legal and regulatory basis.

Prior to this, the National Development and Reform Commission and the Ministry of Housing and Urban-Rural Development and the Ministry of Housing and Urban-Rural Development and other eight ministries and commissions announced the No. 20 "Electronic Tendering and Bidding Measures", which also clearly stipulated: Except for the registration stipulated in these Measures and technical specifications, no unit or individual shall be allowed to participate in tendering and bidding activities. Prerequisites for registration, bidding, etc. are set in the system to restrict potential bidders from downloading prequalification documents or bidding documents.

When the General Office of the State Council announced the cancellation of bidding registration documents, in fact, all localities successively published the cancellation of bid registration documents.

On May 15, the Beijing Municipal Development and Reform Commission, the Municipal Housing and Urban-rural Development Commission and other eight departments studied and drafted the "Notice on Deepening the Reform of "Decentralization, Management and Service" in the Bidding Field to Optimize the Business Environment". The "Notice" clarified the cancellation of on-site bidding registration. On May 22, Guangxi Housing Construction Department, Development and Reform Commission, and Agency Affairs Administration jointly issued the "Notice on Comprehensively Promoting the Electronic Bidding of Housing Construction and Municipal Infrastructure Projects", clarifying that the bidding registration process will be cancelled before August 31, 2019 . In March, the Jiangxi Provincial Department of Housing and Urban-Rural Development put forward 8 requirements to strengthen the supervision of the bidding process and also proposed to cancel the bidding registration process. Beginning in February this year, Shandong Rongcheng Housing and Urban-rural Construction Bureau also cancelled the bidding registration process for government-invested construction projects in accordance with the requirements.

LED display screens are engineering products. Many major projects involve bidding, but bidding registration is a long-standing habit in the industry. What role does the bidding registration play in the entire bidding? The General Office of the State Council and its local authorities announced and issued a document to cancel the bidding registration and what impact will it have on the LED display industry?

The bidding registration of engineering projects did play a certain role in facilitating the bidding work at the beginning, but as people's understanding of bidding activities continues to deepen, the shortcomings of bidding registration have become more and more obvious. Chaos is also increasing. In the LED display industry, the chaos induced by the bidding registration has also caused misery for the enterprises in the industry.

The chaos in the bidding mainly includes bid stringing and bid rigging. Bid collusion is a kind of speculative behavior in which bidders or bidders and bidding units collude to obtain the bid. Stringing is the stringing of bids between bidders. In the bidding activities, once the registration information of the bidding registration system is leaked, it may be obtained by one of the bidding companies, which may cause collusion among bidders. Another type of collusion behavior is manifested as collusion between bidders and tenderers. In the bidding activities, the bidding party who sets the registration content has all the registration information of the bidder, which may also cause bidding collusion between the bidder and the bidder. In addition to stringing bids, the main chaos in bidding is bid rigging. Broadly speaking, bid rigging is collusive bidding.

Bid stringing and bid rigging exist everywhere in the entire social engineering project, and the field of bidding has therefore become a high incidence of corruption. In the bidding, due to the asymmetry of information, the phenomenon of black box operation is everywhere. The emergence of these chaotic phenomena has also made the engineering field miserable. Many tofu projects continue to appear, and even powerful companies can't get engineering projects.

As an engineering product, such chaos is inevitable for LED display screens. Collusion and bid rigging are not uncommon in bidding.

The adverse social effects of bidding registration have also received widespread attention from the whole society, and the cancellation of bidding registration has become an urgent call for people. For the LED display industry, the cancellation of bidding registration is extremely important for the future development of the LED display industry.

First of all, the "bidding" of the LED display industry embodies a fair, just, and orderly competitive market environment. The stringing of bids and bid rigging in the LED display industry directly hurt the legitimate rights and interests of other bidders or tenderers. This is actually It is a serious challenge to a fair and orderly competitive market environment. The cancellation of bidding registration safeguards the legitimate rights and interests of bidders and reconstructs a fair, equitable and orderly competitive business environment in the LED display industry.

Secondly, the LED display companies involved in bid stringing and bid rigging lack long-term development vision. They only focus on temporary vested interests and do not pay much attention to the internal management of the enterprise. The cancellation of bidding registration has increased the difficulty of bid stringing and bid rigging. Some LED display companies will also readjust their development strategies due to system changes, and develop their own companies more down-to-earth.

Finally, the General Office of the State Council and various localities have successively issued official documents to cancel the bidding registration, which also shows that the problems of bidding and bid rigging caused by the bidding registration will also be more highly valued by all parties in the society. Appropriate amendments to the "Law on Tendering and Bidding" have also been made in law, and those who violate the "Law on Tendering and Bidding" shall be investigated for criminal responsibility if the circumstances are serious. Regarding the system, various government agencies will also implement stricter supervision over bidding activities. Some LED display companies that still have a fluke mentality should review the current situation and be fully aware of themselves under the new situation, and should not ruin the entire enterprise's development prospects because of the petty profits in front of them.

There is no legal requirement for the registration of "bidding and bidding", and the registration of bidding is only a habitual operation. In the past, because of various loopholes in the bidding registration, the bidding registration is now cancelled. This will also be a deepening reform in the bidding field. After the bidding registration is cancelled, more operations are running in the sun, and more companies can participate. Further regulation of the bidding market will bring new changes to the LED display industry.