Xingye Leather Technology Co.Ltd(002674) the holding subsidiary was fined 610000 yuan for environmental violations

According to the data monitored by the “A-share green report” project, Xingye Leather Technology Co.Ltd(002674) (002674. SZ) holding subsidiary Xuzhou Xingning Leather Co., Ltd. was subject to administrative punishment for environmental violations. According to Item 2 of Article 83 of the law of the people’s Republic of China on the prevention and control of water pollution, Xuzhou Xingning Leather Co., Ltd. was fined 610000 yuan. The punishment information was disclosed by relevant regulatory authorities on December 16, 2021.

The “A-share green report” project is jointly launched by the daily economic news and the well-known NGO Public Environmental Research Center (IPE) in the field of environmental protection, aiming to make the environmental information of listed companies more sunny and transparent. Based on the authoritative environmental regulatory data released by 31 provinces, municipalities and 337 prefecture level municipal governments, the 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. Xu Huan FA Jue Zi [2021] 116, Xuzhou Xingning Leather Co., Ltd. discharged water pollutants exceeding the standard.

The A-share green weekly report of the previous period (the 58th issue in total) shows that a total of 39 listed companies have recently exposed environmental risks, mainly in Beijing, Guangdong, Jiangsu and Zhejiang. Among them, 17 are state-owned controlled enterprises and 7 are enterprises with a market value of 100 billion. In addition to environmental risks, in the third week of December 2021, a total of 15 projects of A-share listed companies and their subsidiaries entered the publicity status of EIA approval.

According to the semi annual report of 2021, Xingye Leather Technology Co.Ltd(002674) is mainly engaged in cattle leather industry, accounting for 97.46% of revenue.

(Daily Economic News)

 

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