According to the data monitored by the "A-share green report" project, Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) ( Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) . SH) holding subsidiary Sinohydro 15th Engineering Bureau Co., Ltd. was subject to administrative punishment for environmental violations. According to item 3 of Article 83 of the law of the people's Republic of China on the prevention and control of water pollution, Sinohydro 15th Engineering Bureau Co., Ltd. was fined 100000 yuan. The punishment information was disclosed by relevant regulatory authorities on March 22, 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 with the document number Minrong Huanzheng (2022) No. 43, on December 20, 2021, Sinohydro 15th Engineering Bureau Co., Ltd. was investigated and found to have committed the following environmental violations: the sewage treatment facilities supporting the crushing and mixing system of the dam section of Luoyuan Huokou reservoir project undertaken by the company were not operated during the construction process, As a result, the waste water from spraying and dust reduction overflows from the primary sedimentation tank to the flood discharge channel, and is finally discharged to the external environment from the flood discharge channel.
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 semi annual report of 2021, Power Construction Corporation Of China Ltd(Powerchina Ltd)(601669) 's main businesses are construction engineering contracting, other industries, power investment and operation, real estate development, equipment manufacturing and leasing, accounting for 83.45%, 7.32%, 4.79%, 2.56% and 1.22% of revenue respectively.
