Recently, an “audit storm†has affected a number of listed companies. According to the Audit Office’s audit results on 5,044 energy conservation, renewable energy and resource comprehensive utilization projects, more than 10 listed companies have appeared in the “blacklistâ€. The amount of funds defrauded reached 96.48 million yuan.
In 2009, the state began to implement energy-saving products for the benefit of the people, the purchase of air-conditioning, flat-panel TVs, washing machines, refrigerators, water heaters, energy-saving lamps and LED lights, automobiles and other product categories in the energy-saving products subsidies. However, Huimin’s policy has become a tool for some companies to “fishing in troubled watersâ€. Gree Electric (000651), Snowlight (002076), TCL Group, Meiling Electric (000521), and Midea Electric (000527) all sold over the energy-saving air conditioner. The amount of "cheat compensation" techniques, illegally obtained the central government's high-efficiency energy-saving air-conditioning promotion subsidy funds.
Once the "fraud subsidy" was exposed, some listed companies jumped out to defend themselves in the past few days, claiming that they only counted the total sales volume based on the number of energy-saving products sold by dealers around the world. This kind of attempt to "clear the relationship" can only be described as "getting cheap and selling it." To make matters worse, there are companies that use the energy-efficient falsification of products to make the high-energy home appliances that are not part of the subsidy “mixed into†the subsidy list in violation of laws and regulations. This obviously violates the original intention of the energy-saving subsidy policy.
The industry said that companies may have such difficulties in counting energy-saving subsidies, but they should never be used as an excuse for “fraud subsidiesâ€. In the regulatory process, after-the-fact punishment should also be strictly handled. "Looking at one eye and closing one eye" will only help the hurricane.
In 2009, the state began to implement energy-saving products for the benefit of the people, the purchase of air-conditioning, flat-panel TVs, washing machines, refrigerators, water heaters, energy-saving lamps and LED lights, automobiles and other product categories in the energy-saving products subsidies. However, Huimin’s policy has become a tool for some companies to “fishing in troubled watersâ€. Gree Electric (000651), Snowlight (002076), TCL Group, Meiling Electric (000521), and Midea Electric (000527) all sold over the energy-saving air conditioner. The amount of "cheat compensation" techniques, illegally obtained the central government's high-efficiency energy-saving air-conditioning promotion subsidy funds.
Once the "fraud subsidy" was exposed, some listed companies jumped out to defend themselves in the past few days, claiming that they only counted the total sales volume based on the number of energy-saving products sold by dealers around the world. This kind of attempt to "clear the relationship" can only be described as "getting cheap and selling it." To make matters worse, there are companies that use the energy-efficient falsification of products to make the high-energy home appliances that are not part of the subsidy “mixed into†the subsidy list in violation of laws and regulations. This obviously violates the original intention of the energy-saving subsidy policy.
The industry said that companies may have such difficulties in counting energy-saving subsidies, but they should never be used as an excuse for “fraud subsidiesâ€. In the regulatory process, after-the-fact punishment should also be strictly handled. "Looking at one eye and closing one eye" will only help the hurricane.
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