to be fair, he quit because he (rightly!) disagreed with the company's petty-minded insistence that the prize belonged to them, not because he valued a graphics card over his internship.

Dear Penthouse...

Company should plainly be banned from the event thereon.

This is an extremely salient point:

...some mockingly asking whether the firm would've maintained the same tenacity and reimbursed the Intern had he been fined 50,000 RMB at the event instead

Who are the amorphous blob of Chinese netizens who control the cultural dialogue in the world?

I would shit in the box and hand it over to Finance.