According to the data monitored by the “A-share green report” project, Tongkun Group Zhejiang Hengtong Chemical Fiber Co., Ltd., a holding subsidiary of Tongkun Group Co.Ltd(601233) ( Tongkun Group Co.Ltd(601233) . SH), was subject to administrative punishment for environmental violations. According to item 3 of Article 99 of the law of the people’s Republic of China on the prevention and control of air pollution, Zhejiang Hengtong Chemical Fiber Co., Ltd. of Tongkun group was fined 270000 yuan. The punishment information was disclosed by relevant regulatory agencies on April 2, 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.
According to the content of the administrative punishment decision numbered Jiahuan (Tong) FZ [2022] No. 06, Jiaxing Ecological Environment Bureau filed a case for investigation on the suspected discharge of air pollutants by Zhejiang Hengtong Chemical Fiber Co., Ltd. of Tongkun group by evading supervision on November 23, 2021. It is found that the business scope of Tongkun Group Zhejiang Hengtong Chemical Fiber Co., Ltd. is the production and sales of differentiated fibers and polyester fibers. The spinning waste gas generated in the production process is collected and discharged at an altitude of 30m after being treated by oil fume purification equipment; At 10 a.m. on November 20, 2021, when the law enforcement personnel of Jiaxing Ecological Environment Bureau inspected, eight spinning production lines in Hengda spinning South workshop were in production, the spinning waste gas was collected to the roof main pipe through four air suction pipes, the oil fume purification device was in operation, the air suction pipe between the workshop roof 1 production line and 2 production line was cut off and not connected with the main pipe, the valve at the cut-off point was not tightly closed, and the waste gas in the main pipe was discharged into the external environment from the gap of the valve, Spinning waste gas is directly discharged without treatment; After investigation, Hengda spinning South workshop was put into production at 7 a.m. on November 19, 2021.
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.
The 2020 annual report shows that Tongkun Group Co.Ltd(601233) ‘s main businesses are chemical fiber, trade and petrochemical, accounting for 75.88%, 18.68% and 4.01% of revenue respectively.
