Core Viewpoint - Ningxia Changcheng Water Co., Ltd. has been fined for unauthorized water extraction, indicating regulatory scrutiny and potential operational risks for the company [1][2]. Regulatory Actions - The company was fined RMB 60,000 for exceeding the permitted water extraction limit by 7,823,961 cubic meters in 2024, violating Article 50 of the Yellow River Protection Law [2][3]. - This is the second penalty within a year, as the company was previously fined RMB 63,793 on May 9, 2025, for unauthorized extraction of 1,702,000 cubic meters of water [3][4]. Company Background - Ningxia Changcheng Water Co., Ltd. was established on March 25, 2010, with a registered capital of RMB 139.73 million. The legal representative is Zhang Wei, and the major shareholder is Ningxia Water Group Co., Ltd. [4].
宁夏长城水务有限责任公司多次因未经批准超许可取水被罚
Qi Lu Wan Bao·2025-09-07 23:40