ZCE(SH:600121) Qi Lu Wan Bao·2025-08-06 08:33Core Viewpoint - Zhengzhou Coal Electricity Co., Ltd.'s Chao Hua Coal Mine has received an administrative penalty for failing to report a production safety accident in accordance with the Safety Production Law of the People's Republic of China [1][2][3] Group 1: Administrative Penalty Details - The penalty decision number is (Xinmi) Emergency Fine (2025) Law Enforcement No. 006 [2] - The penalty imposed is a fine of 29,000 RMB (approximately 4,000 USD) [2][3] - The penalty was issued by the Xinmi Emergency Management Bureau on July 28, 2025 [2][3] Group 2: Violations and Legal Basis - The violation pertains to the failure to timely and truthfully report a production safety accident as per Article 21, Item 7 of the Safety Production Law [2][3] - The legal basis for the penalty is Article 94, Paragraph 1 of the Safety Production Law, which stipulates fines for failure to fulfill safety management responsibilities [3] Group 3: Company Background - Zhengzhou Coal Electricity Co., Ltd. was established in 1997 and is primarily engaged in coal production and sales, with an annual production capacity of nearly 10 million tons [5][6] - The company is listed on the Shanghai Stock Exchange under the stock code 600121, with a closing price of 4.25 RMB as of August 6, 2025 [6]