Xingyuan Environment(SZ:300266) Mei Ri Jing Ji Xin Wen·2025-08-28 05:16Core Viewpoint - The company Xinyuan Environment (兴源环境) announced that its wholly-owned subsidiary Zhangzhou Xinyuan Water Co., Ltd. (漳州兴源) has been penalized for falsifying pollution monitoring data, resulting in criminal convictions for its management and the termination of its operating rights for a wastewater treatment project [1][4][6]. Group 1: Legal and Regulatory Issues - Zhangzhou Xinyuan was found guilty of interfering with monitoring equipment and falsifying data, leading to a fine of 500,000 yuan and criminal sentences for its general manager and production manager [5][6]. - The court determined that the company used a plastic bottle containing an unknown liquid to mislead monitoring results, which did not accurately reflect the wastewater being discharged [5][6]. Group 2: Project Termination - The operating rights for the Chengdong Wastewater Treatment Plant, which was under a 29-year BOT agreement signed in June 2016, have been prematurely terminated by the local government due to ongoing issues with wastewater treatment capacity [6][9]. - The local government will repurchase the project rights for an estimated value of 28.95 million yuan, and the company plans to initiate the cancellation of Zhangzhou Xinyuan following this agreement [9][10].