According to the data monitored by the “A-share green report” project, Shanxi Meijin Energy Co.Ltd(000723) (000723. SZ) holding subsidiary Shanxi Meijin Coal Chemical Co., Ltd. was subject to administrative punishment for environmental violations. According to Article 31 of the Environmental Impact Assessment Law of the people’s Republic of China, Shanxi Meijin Coal Chemical Co., Ltd. was ordered to stop construction and fined 23.818 million yuan. The punishment information was disclosed by relevant regulatory authorities on January 6, 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 document numbered jhfz [2021] No. 33, on August 22, 2021, the law enforcement personnel investigated Shanxi Meijin Coal Chemical Co., Ltd. and found that the new tamping coking project with an annual output of 1.8 million tons and 6.78 meters of Shanxi Meijin Coal Chemical Co., Ltd. did not submit the environmental impact assessment documents for approval in accordance with the law and started construction without authorization, There are environmental violations of construction projects built before approval.
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, Shanxi Meijin Energy Co.Ltd(000723) is mainly engaged in coking industry and other industries, accounting for 99.24% and 0.74% of revenue respectively.
