The error message actually provides useful information. Specifically, this part:
0000052D: SvcErr: DSID-031A124C, problem 5003
The error code is 52D, which is a hexadecimal number corresponding to decimal 1325. Microsoft publishes a difficult-to-Google list of error codes here.
ERROR_PASSWORD_RESTRICTION
1325 (0x52D)
Unable to update the password. The value provided for the new password does not meet the length, complexity, or history requirements of the domain.