According to the data monitored by the “A-share green report” project, Hunan Baili Engineering Sci & Tech Co.Ltd(603959) (603959. SH) joint stock company Shanxi Lubao Xinghai New Material Co., Ltd. was subject to administrative punishment for environmental violations. According to item 3 of Article 100 of the law of the people’s Republic of China on the prevention and control of air pollution, Shanxi Lubao Xinghai New Material Co., Ltd. was fined 104000 yuan. The punishment information was disclosed by relevant regulatory authorities on November 15, 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 number of Lucheng Huanfa Zi (2021) No. 60, on August 24, 2021, the law enforcement personnel inspected Shanxi Lubao Xinghai New Material Co., Ltd. and found that there was a U-shaped bend in the sampling pipeline of the automatic online monitoring equipment at the exhaust outlet of Shanxi Lubao Xinghai New Material Co., Ltd; The online monitoring equipment does not operate normally.
According to the A-share green weekly report of the previous period (total issue 61), a total of 63 listed companies have recently exposed environmental risks, mainly in Beijing, Zhejiang, Jiangsu and Guangdong. Among them, 25 are state-owned controlled enterprises and 11 are enterprises with a market value of 100 billion. In addition to environmental risks, in the first week of January 2022, 21 projects of A-share listed companies and their subsidiaries entered the publicity status of EIA approval.
According to the 2020 annual report, Hunan Baili Engineering Sci & Tech Co.Ltd(603959) is mainly engaged in lithium battery materials and petrochemical industry, accounting for 85.09% and 14.64% of revenue respectively.
