On May 13, CCTV reported that the State Administration for Market Regulation had opened an investigation into CNKI’s suspected monopoly in accordance with the law. On April 26, the State Administration for Market Regulation said in reply to the online message of a reporter from Changjiang Daily: It has been concerned about the suspected monopoly of CNKI reported by various parties and is carrying out relevant work in accordance with the law. Recently, CNKI has been on the hot search because of “the 10 million renewal fee is too high, and the Chinese Academy of Sciences has suspended CNKI”. At the same time, CNKI said that if the previous claim standard is followed, the compensation amount of 120 billion cannot be compensated. After crying poor this time, CNKI also responded to the concerns of netizens on the Internet, saying that it was in the process of reflection and rectification. Tongfang Knowledge Network (Beijing) Technology Co., Ltd. is responsible for the operation of CNKI series databases of CNKI, which is also a subsidiary of the listed company Tongfang Shares. The latter responds to investors’ questions on the interactive platform. Some investors said, “May I ask how much profit does the CNKI database renewal fee for universities and scientific research institutions bring to your company? Is the quotation reasonable? There have been frequent negative public opinion incidents recently. If there is a large-scale boycott, will it affect your company’s future operations? Adverse effects?” On May 9, Tongfang shares commented on this message.
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