Zhejiang Weiming Environment Protection Co.Ltd(603568) indirect holding subsidiary 720 million project EIA approved

According to the data monitored by the “A-share green report” project, the EIA approval of Yan’an domestic waste incineration power generation project (major change) of Yan’an Guojin environmental protection and energy Co., Ltd., an indirect holding subsidiary of Zhejiang Weiming Environment Protection Co.Ltd(603568) ( Zhejiang Weiming Environment Protection Co.Ltd(603568) . SH), was approved. The total investment of the project is 720 million yuan. The approval information was disclosed by relevant regulatory authorities 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 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 Zhejiang Weiming Environment Protection Co.Ltd(603568) ‘s main business is industry, accounting for 99.6% of revenue.

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