Ding Xin, A Subsidiary Of PCB Company Xinxing Kunshan, Was Fined For Failing The Environmental Impact Assessment

- Aug 17, 2018-

IC loading board and PCB maker xin xing electronics co., LTD. (hereinafter referred to as: xin xing) announcement (3037), a subsidiary in kunshan ding xin electronic equipment for construction and discrepancies on eia, and gray water back powerusageeffectiveness temporary staging of eia requirements, waste not specification, 380000 yuan of the punishment by kunshan city environmental protection bureau (nt $1.71 million), will conduct the eia coping measures such as improving the revision of the future.

20180803101639603960 JPG

Xin xing said, kunshan ding xin received on August 1, kunshan city environmental protection bureau of decision for administrative penalty, after repeated communication with the environmental protection agency, kunshan ding xin will be argued book reduction amount of the punishment, is expected to lose 380000 yuan, the subsequent will conduct the eia, the revision of the water in the wastewater recycling engineering ascend back to powerusageeffectiveness, making waste storage standard workshop and other measures to improve.

Established in January 1998, kunshan dingxin now has a paid-in capital of 2.382 billion yuan and a stake of 71.23 percent in xinxing.Our main products are printed circuit board (PCB) and high density connection board (HDI). Our products are mainly used in computer and peripheral equipment, household appliances, automobile and other fields. Our customers are distributed in mainland China, Hong Kong, Japan, the United States and Europe.

According to the earnings report of xinxing, the revenue of kunshan dingxin in 2017 was 13.26 billion yuan (nt $, the same below), with an annual increase of 4.77% and an annual profit rate of 8.6%, better than the previous year's 7.28%, but the net profit after tax was 1.034 billion yuan, with an annual decrease of 32.64% and a surplus of 2.87 yuan per share.Net profit after tax for the first quarter of 2018 was 139 million yuan, an annual decrease of 44.08 percent.