Qi Lu Wan Bao·2025-09-15 04:53Core Viewpoint - Fujian Energy Group Co., Ltd. has been fined for illegally occupying marine areas without approval, with a penalty amounting to RMB 825,660, which is five times the required marine usage fee during the illegal occupation period [1][2]. Group 1: Company Overview - Fujian Energy Group Co., Ltd. was established in December 2009 through the integration of Fujian Coal Industry Group Co., Ltd. and Fujian Building Materials (Holding) Co., Ltd. [2] - In 2021, the company was restructured into a wholly-owned subsidiary of Fujian Energy and Petrochemical Group Co., Ltd., and is classified as a large state-owned enterprise in Fujian Province [2]. - The group has over 150 wholly-owned and controlled enterprises, employing more than 20,000 staff members [2]. - Fujian Energy Group has a registered capital of RMB 10 billion and has maintained an AAA credit rating for several consecutive years [2]. Group 2: Regulatory Action - The administrative penalty decision was issued on September 5, 2025, by the Agricultural and Rural Affairs Bureau of Fujian Province [2]. - The company is required to return the illegally occupied marine area and restore it to its original state [1][2]. - The penalty is based on Article 412 of the Marine Usage Management Law of the People's Republic of China, which stipulates that unauthorized occupation of marine areas can result in fines ranging from five to fifteen times the marine usage fee [2].