Core Points - The Beijing Municipal Human Resources and Social Security Bureau has released the third batch of major labor security violation cases for 2025, involving five companies including Beijing Xinzuo Youcheng Construction Co., Ltd. and Beijing Pioneer Green Asset Management Co., Ltd. The cases include wage arrears and illegal use of child labor, with some companies being placed on a blacklist for failing to pay wages to migrant workers and being referred to law enforcement for criminal charges related to wage non-payment [1] Group 1: Beijing Xinzuo Youcheng Construction Co., Ltd. - The company was found to owe wages totaling 1,320,698.22 yuan to 49 migrant workers from December 2023 to December 2024 [2] - The company was issued a correction notice on July 18, 2025, but failed to pay by the deadline [2] - The company was fined 20,000 yuan and referred to the police for criminal charges related to wage non-payment [2] Group 2: Beijing Pioneer Green Asset Management Co., Ltd. - The company owed a total of 754,620.99 yuan in wages to 11 workers from September 2024 to February 2025 [3] - An administrative decision was made on May 20, 2025, requiring the company to pay the owed wages plus a compensation of 377,310.5 yuan [3] - The company did not comply with the administrative decision, leading to potential court enforcement actions [3] Group 3: Beijing Mujinghui Catering Service Management Co., Ltd. - The company was found to have illegally employed minors under the age of 16 [4] - The company was fined 35,000 yuan and had 2,800 yuan in illegal earnings confiscated [4] - The company complied with the administrative penalty [4] Group 4: Beijing Zhongwen Hongchang Property Management Co., Ltd. - The company owed wages totaling 210,436.74 yuan to 30 workers for the period from March to April 2025 [5][6] - An administrative decision was made requiring the company to pay the owed wages and an additional compensation of 105,218.44 yuan [6] - The company failed to comply with the administrative decision, leading to potential court enforcement actions [6] Group 5: Tang Yi Holdings (Shenzhen) Co., Ltd. Beijing Branch - The company owed a total of 368,708.78 yuan, including wages and economic compensation, to a worker for the period from July to December 2024 [7] - An administrative decision was issued requiring payment by May 31, 2025, but the company did not comply [7][8] - The company faces potential court enforcement actions for non-compliance with the administrative decision [8]

Core Points - Zhejiang Yasha Decoration Co., Ltd. was fined RMB 10,000 for failing to pay wages owed to subcontracted workers despite being ordered to do so by the local labor authority [1][2] - The company did not comply with the deadline set by the Zhoushan Human Resources and Social Security Bureau, which required payment by June 4, 2025 [1][2] - The penalty was issued under the Labor Security Supervision Regulations, specifically for refusing to correct labor violations after being ordered [1][2] Company Overview - Zhejiang Yasha Decoration Co., Ltd. was established on July 7, 1995, with a registered capital of RMB 1.339996498 billion [3] - The company operates in the construction decoration and other building industries, with its registered address in Shangyu Zhang Town Industrial New Area [3] Financial Performance - In 2024, Yasha achieved total operating revenue of RMB 12.136 billion, a decrease of 5.70% compared to RMB 12.869 billion in 2023 [4] - The operating profit for 2024 was RMB 346 million, reflecting a year-on-year increase of 28.32% [4] - The net profit attributable to the parent company was RMB 303 million, up 21% from the previous year [4] - Basic earnings per share for 2024 were RMB 0.23 [4] Market Position - Yasha was listed on the SME board in 2010, with a current market capitalization of RMB 5 billion and a stock price of RMB 3.76 as of the latest report [5]