On March 25, 2025, M88 app State Administration for Market Regulation, M88 app enforcement authority of M88 app Anti-Monopoly Law of M88 app PRC, released M88 app Discretionary Criteria for Administrative Penalties for M88 app Illegal Implementation of Concentrations of Undertakings (Trial) (Benchmark) dated February 19, 2025. M88 app Benchmark unveils M88 app underlying principles, calculation methods and specific factors that SAMR will consider when imposing administrative sanctions on M88 app illegal implementation of concentrations of undertakings.