Is the tendering agency supervised by CBRC?

The tendering company shall be managed by the administrative department for industry and commerce. When bidding for a project, the bidding behavior should be carried out in strict accordance with the law, otherwise it will be subject to administrative punishment, and those who constitute a crime will also bear criminal responsibility. A procuratorial agency that, in violation of the provisions of this Law, divulges information and materials related to bidding activities that should be kept confidential, or colludes with tenderers and bidders to harm national interests, social interests or the legitimate rights and interests of others, shall be fined not less than 50,000 yuan but not more than 250,000 yuan, and the directly responsible person in charge and other directly responsible personnel of the unit shall be fined not less than 5% but not more than 10% of the unit fine.

Law of People's Republic of China (PRC) on Tendering and Bidding Article 50 If a tendering agency violates the provisions of this Law, divulges information and materials related to tendering and bidding activities that should be kept confidential, or colludes with tenderers and bidders, thus harming the national interests, social public interests or the legitimate rights and interests of others, it shall be fined between 50,000 yuan and 250,000 yuan. And impose a fine of more than 5% 10% of the unit fine on the directly responsible person in charge and other responsible personnel of the unit. Illegal income, confiscate the illegal income; If the circumstances are serious, it is forbidden to act as an agent for projects that must be subject to tender according to law within one to two years and make an announcement until the business license is revoked by the administrative department for industry and commerce; If a crime is constituted, criminal responsibility shall be investigated according to law. If losses are caused to others, they shall be liable for compensation according to law. If the acts listed in the preceding paragraph affect the result of winning the bid, the bid will be invalid.