The EIA of the 200 million project of Luxshare Precision Industry Co.Ltd(002475) holding subsidiary was agreed in principle

According to the data monitored by the “A-share green report” project, Luxshare Precision Industry Co.Ltd(002475) (002475. SZ) holding subsidiary Kunshan liantao Electronics Co., Ltd. computer and auxiliary equipment, network equipment, cloud computing equipment production and construction project was approved in principle. The total investment of the project is 200 million yuan. The approval information was disclosed by relevant regulatory authorities on February 14, 2022.

The “A-share green report” project is jointly launched by the daily economic news and the public environmental research center (IPE), a well-known NGO in the field of environmental protection. It aims to make the environmental information of listed companies more sunny and transparent. Based on the authoritative environmental regulatory data released by 31 provincial and municipal governments and 337 prefecture level municipal governments, this project selects and monitors the environmental performance of listed companies and their subsidiaries (including branches, joint-stock companies and holding companies), makes professional data analysis and in-depth interpretation, intelligently writes daily, timely publishes the AI green Report of listed companies, and launches the A-share green weekly report every week, Regularly and dynamically update the environmental risk list of listed companies.

According to the A-share green weekly report of the previous period (total issue 63), a total of 141 listed companies have recently exposed environmental risks, mainly in Beijing, Shanghai and Guangdong. Among them, 54 are state-owned controlled enterprises and 18 are enterprises with a market value of 100 billion. In addition to environmental risks, in the third and fourth weeks of January and the first week of February 2022, a total of 66 Projects of A-share listed companies and their subsidiaries entered the publicity status of EIA approval.

According to the semi annual report of 2021, Luxshare Precision Industry Co.Ltd(002475) is mainly engaged in consumer electronics, computer interconnection products and precision components, other connectors and other revenue, automotive interconnection products and precision components, communication interconnection products and precision components, accounting for 83.9%, 5.77%, 3.72%, 3.68% and 2.93% of revenue respectively.

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