POWERCHINA Ltd(SH:601669) 中国能源报·2026-01-14 08:59Core Viewpoint - The article discusses the administrative penalties imposed by the Fujian Regulatory Office of the National Energy Administration on three companies involved in the construction of the Fujian Yong'an Pumped Storage Power Station due to quality issues in the project [1]. Group 1: Administrative Penalties - The Fujian Regulatory Office issued administrative penalty decisions with fines of 18,731,734.66 yuan for China Water Resources and Hydropower Third Engineering Bureau Co., Ltd., 50,000 yuan for Fujian Mintou Yong'an Pumped Storage Co., Ltd., and 1,000,000 yuan for Zhejiang East China Engineering Consulting Co., Ltd. [1]. Group 2: Quality Issues - The quality problems, including insufficient length of anchor piles and inadequate grouting, were exposed in November 2025, raising public concern about the quality of major infrastructure projects [1]. - In response to media reports regarding the quality issues during the construction of the Fujian Yong'an Pumped Storage Power Station, China Electric Power Construction Group announced the establishment of an investigation team to thoroughly investigate and handle the situation according to laws and regulations [1].