Subsidiary exceeds the standard to collect millions of fines The market value is not inferior to the taste of duck neck and Zhou Black Duck Can Huang Shanghuang under Xu Guifen break the millennium old three strange circles?

Source: Hexun Network

Because the total phosphorus concentration of sewage discharged from the discharge outlet of sewage treatment facilities exceeds the first-level standard in Table 4 of the "Comprehensive Discharge Standard for Sewage" (GB8978-1996), Fujian Huangshanghuang Food Co., Ltd., a wholly-owned subsidiary of Jiangxi HuangShanghuang Group Food Co., Ltd., recently received the "Administrative Penalty Decision Letter" issued by fuzhou Fuqing Ecological and Environmental Bureau.

In accordance with Article 83 of the Law of the People's Republic of China on the Prevention and Control of Water Pollution and Article FZ01HB-CF-0072 of the Fuzhou Municipal Environmental Protection Administrative Penalty Discretionary Refinement Standards (2018 Edition), the Fuqing Ecological and Environmental Bureau of Fuzhou City ordered Fujian Huangshanghuang to immediately correct the environmental violations of discharging water pollutants in excess of the standard and fined 1 million yuan.

After Fujian HuangShanghuang learned of the monitoring results, it immediately organized the responsible persons of relevant departments to find out the cause and took corresponding measures to solve it. It was found that the main reason for the excessive concentration of total phosphorus in the discharged sewage was the improper use of industrial detergents to clean the floor of the workshop.

Huang Shanghuang learned more about the punishment from its wholly-owned subsidiary, Fujian Huang Shanghuang, and believed that due to the irregularities in the monitoring projects and sampling monitoring of environmental law enforcement by the Fuqing Ecological and Environmental Bureau of Fuzhou City, and according to the principle of non-cross-enforcement, Fujian Huangshanghuang should implement the industry emission standard "Meat Processing Industry Water Pollutant Discharge Standard (GB13457-92)", and should not implement the comprehensive discharge standard "Comprehensive Sewage Discharge Standard" (GB8978-1996). Therefore, on January 2, 2020, the Company filed an administrative lawsuit with the Fuqing Municipal People's Court.

According to the data, as a wholly-owned subsidiary of Huangshanghuang, Fujian Huangshanghuang achieved revenue of 69.522 million yuan and net profit of 8.098 million yuan in the first half of 2019.

Huang Shanghuang company's main business for the sauce and brine meat products, accompanied by meals and cold vegetables fast consumption food and rice products development, production and sales, products covering duck, chicken, goose, pig, cattle, sheep and other fast consumption sauce brine meat products and aquatic products, vegetables, soy products and other food with food cold vegetable food and rice products such as rice dumplings, green dough, mochi, eight treasure rice, moon cakes and other rice products, the product variety has reached more than 200. After more than 20 years of development, the company's "Huangshanghuang" brand has been deeply rooted in the hearts of the people, with many loyal consumers, and has been highly recognized in the minds of consumers in many regions of the country. In 2008, the company's "Royal Poultry and Figure" trademark was awarded the title of "China Well-known Trademark" by the Trademark Office of the State Administration for Industry and Commerce. The company's "Royal Bird" brand sauce duck was praised by the China Food Industry Association as "the country's first unique sauce duck product". The company's subsidiary Zongzi brand "True True Old" was rated as a time-honored and famous brand product in Zhejiang Province.

Huang Shanghuang was listed on the Shenzhen Stock Exchange on September 5, 2012, and the actual controller of the company is the Xu Guifen family (Xu Guifen, Chu Jiangeng, Chu Jun, Chu Jian), of which Xu Guifen and Chu Jiangeng are husband and wife, Xu Guifen and Chu Jun, Chu Jian are mother and son, Chu Jiangeng and Chu Jun, Chu Jian are father and son, and Chu Jun and Chu Jian are brothers. Xu Guifen holds 40% of the equity of Huangshanghuang Group Co., Ltd., and Chu Jiangeng, Chu Jun and Chu Jian each hold 20% of the equity of Huangshanghuang Group Co., Ltd. Xinyuhuang Shanghuang Investment Management Center (Limited Partnership) is an enterprise actually controlled by the Xu Guifen family, the actual controller of the company, of which Huangshanghuang Group Co., Ltd. holds 99% of the shares and Xu Guifen holds 1%.

As the "three giants of duck neck" in China, Huang Shanghuang first landed on the capital market in 2012, and Zhou Black Duck and Tasteless Food (603517, Stock Bar) landed on the capital market in 2016 and 2017 respectively.

However, get up early in the morning and catch a late set!

At present, the total market value of Absolute Taste Food is more than 26 billion, the total market value of Zhou Black Duck is also more than 10 billion, and the total market value of HuangShanghuang is still hovering around 8 billion.

I don't know, how xu Guifen, a former laid-off female worker, will lead Huang Shanghuang to create glory again and break the situation of the millennium old third!