彤程新材料集团股份有限公司Red Avenue New Materials Group Co., Ltd.09607.HK
未超产能30%无需重新环评
During the Track Record Period, the Sino Legend factory and BAE (Hubei) factory did not engage in over-capacity production exceeding 30% of the approved production capacity, over which could constitute a violation of laws or regulations or subject to administrative penalties.
Business · 第 125 页
Therefore, as advised by the PRC Legal Adviser, our Sino Legend factory and BAE (Hubei) factory were not required to undertake renewed environmental impact assessment procedures as a result of their over-capacity productions there.
During the Track Record Period, some of our Group's projects have operated above their legal overloading limit when measured by the incineration input volume.
Business · 第 136 页
On this basis, our PRC Legal Advisor considers the legal risks arising from such overloading to be minimal and not expected to have any material adverse impact on our Group's operations.