Xingyuan Environment(SZ:300266) Mei Ri Jing Ji Xin Wen·2025-08-28 05:21Core Viewpoint - The company, Xingyuan Environment, faces significant legal and operational challenges due to the criminal conviction of its subsidiary, Zhangzhou Xingyuan Water Co., for falsifying pollution monitoring data, leading to penalties and the termination of its operating rights for a wastewater treatment project [1][2][3]. Group 1: Legal Issues - Zhangzhou Xingyuan was found guilty of interfering with pollution monitoring equipment, resulting in falsified data that misrepresented the actual wastewater discharge [2]. - The court sentenced Zhangzhou Xingyuan to a fine of 500,000 yuan, while the general manager and production manager received prison sentences with probation [3]. Group 2: Operational Impact - The operating rights for the Chengdong Wastewater Treatment Plant, managed by Zhangzhou Xingyuan, were prematurely terminated by the local government due to ongoing issues with wastewater treatment capacity [4]. - The local government will repurchase the project rights for approximately 28.95 million yuan, and the company plans to initiate the cancellation of Zhangzhou Xingyuan following this agreement [5].