Regulations Governing The Recognition Of An Impartial Third Party And Its Public Auction Procedure Article 20

A bid would be considered invalid if it has not been submitted in the manner set out in the above-mentioned Article, the bidder has not paid the full amount of the deposit as required, or the bid is below the floor price.
中文原文 公正第三人認可及其公開拍賣程序辦法第20條
投標不依前條所定投標方式為之,或應繳納保證金而未全額繳納者或出價未達拍賣底價,其投標無效。

English translation for reference only; the Chinese text prevails. Not legal advice.