According to the data monitored by the “A-share green report” project, Luxin Venture Capital Group Co.Ltd(600783) (600783. SH), an indirect shareholder of Weifang Kemai Chemical Co., Ltd., was subject to administrative punishment for environmental violations. According to paragraph 2 of Article 99 of the law of the people’s Republic of China on the prevention and control of air pollution, Weifang Kemai Chemical Co., Ltd. was ordered to make corrections and fined 460000 yuan. The punishment information was disclosed by relevant regulatory authorities on November 3, 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 Weihuan punishment Zi (2021) bh129, Weifang Kemei Chemical Co., Ltd. is suspected of discharging pollutants exceeding the air pollutant emission standard.
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.
The 2020 annual report shows that the main businesses of Luxin Venture Capital Group Co.Ltd(600783) are non-metallic mineral products and investment management, accounting for 93.01% and 6.13% of revenue respectively.
