According to the data monitored by the “A-share green report” project, Jiangsu Huafeng Aluminum Co., Ltd., an indirect holding subsidiary of Shantou Wanshun New Material Group Co.Ltd(300057) ( Shantou Wanshun New Material Group Co.Ltd(300057) . SZ), was subject to administrative punishment for environmental violations. According to Article 77, paragraph 1 of Article 78 and paragraph 2 of Article 81 of the law of the people’s Republic of China on the prevention and control of environmental pollution by solid waste, Jiangsu Huafeng Aluminum Co., Ltd. was fined 597000 yuan. The punishment information was disclosed by relevant regulatory authorities on March 29, 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, launches the A-share green weekly report every week, and dynamically updates the environmental risk list of listed companies on a regular basis.
The content of the administrative punishment decision with the document number of Xuhuan punishment decision Zi (2021) No. 159 shows that Jiangsu Huafeng Aluminum Co., Ltd. has committed illegal acts of solid waste.
According to the green weekly report of A-Shares in the previous period (total issue 69), a total of 35 listed companies have recently exposed environmental risks. Among them, 15 are state-owned controlled enterprises and 10 are enterprises with a market value of 100 billion. In addition to environmental risks, in the fourth week of March 2022, five projects of A-share listed companies and their subsidiaries entered the publicity status of EIA approval.
According to the annual report of 2021, Shantou Wanshun New Material Group Co.Ltd(300057) ‘s main businesses are aluminum foil packaging business, trade business, paper products packaging materials business, other businesses and conductive film business, accounting for 52.4%, 34.02%, 9.32%, 2.77% and 0.61% of revenue respectively.
