Beijing Sanyuan Foods Co.Ltd(600429) holding subsidiary fined 100000 yuan for environmental violations

According to the data monitored by the "A-share green report" project, Beijing Sanyuan Foods Co.Ltd(600429) (600429. SH) holding subsidiary Beijing shounong Animal Husbandry Development Co., Ltd. was subject to administrative punishment for environmental violations. According to Article 18 of the atmospheric law and item (2) of Article 99 of the atmospheric law, Beijing shounong Animal Husbandry Development Co., Ltd. was fined 100000 yuan. The punishment information was disclosed by relevant regulatory authorities on February 17, 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 content of the administrative punishment decision with the document No. of Tonghuan Jianjing Zi [2021] No. 1050, the unorganized emission concentration of Beijing shounong Animal Husbandry Development Co., Ltd. exceeds the standard value of Beijing comprehensive emission standard of air pollutants (DB11 501-2017).

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.

The 2020 annual report shows that the main business of Beijing Sanyuan Foods Co.Ltd(600429) is dairy industry, accounting for 99.11% of revenue.

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