The call for the relaxation of the ban on fireworks has risen again, and the listed companies in t

Mondo Social Updated on 2024-01-31

The "ban on fireworks" that has been implemented for many years has once again become the focus of public discussion. Recently, a news from the National People's Working Committee has also made the outside world see the hope of the relaxation of the "ban on fireworks", and it has also made the listed companies related to the industrial chain rise when they hear it.

According to the news, at the seventh meeting of the Standing Committee of the National People's Congress held recently, Shen Chunyao, director of the Legislative Affairs Commission, gave an example in his report on the filing and review work in 2023. Some citizens and enterprises have made suggestions for review of the blanket prohibition.

After review, the Legislative Affairs Commission believes that the Air Pollution Prevention and Control Law, the regulations on the safety management of fireworks and firecrackers formulated by the first class and other laws and administrative regulations do not make comprehensive prohibitions on the sale and discharge of fireworks and firecrackers that meet quality standards. With regard to the issue of a complete ban on sales and burning, there are differences in understanding, and it is difficult to enforce in practice, so it should be revised in accordance with the spirit of the provisions of the higher-level law. After communication, the formulating authority has agreed to make amendments to the relevant provisions as soon as possible.

It is reported that the "ban on fireworks" in China can be traced back to the 90s of the last century, when it was more for safety reasons, and the "fireworks" in the streets and alleys of the city brought many dangers.

For example, in March 1992, Guangzhou promulgated the Regulations on the Administration of the Sales of Fireworks and Firecrackers in Guangzhou, which clearly prohibited any unit or individual from setting off fireworks and firecrackers in a specific area in the form of local regulations. In October 1993, the sixth meeting of the Standing Committee of the 10th Beijing Municipal People's Congress passed the "Beijing Municipal Regulations on Prohibiting the Discharge of Fireworks and Firecrackers", which stipulates that Article 4 will list Dongcheng District, Xicheng District, Chongwen District, Xuanwu District, Chaoyang District, Haidian District, Fengtai District and Shijingshan District of Beijing as areas where fireworks and firecrackers are prohibited.

According to previous public reports, as of April 2005, 282 cities in China, including Shanghai, Guangzhou, Wuhan, Xi'an, and Shenzhen, have successively formulated local regulations prohibiting the use of fireworks. As a result, the real sense of the "ban" realized through local legislation has been rolled out on a large scale throughout the country. In recent years, the problems of smog and air pollution have caused major cities to take the "ban on burning" as an important part of winning the "blue sky defense war".

However, there have been calls for the relaxation of the "ban on fireworks", including the need for traditional culture to be promoted and passed on in folkloreThe ban is not a "one-size-fits-all" order, etc. The latest statement of the Legislative Affairs Commission on fireworks and firecrackers has once again aroused widespread discussion in the society.

In the past few days, discussions and calls for the relaxation of the "ban on fireworks" have appeared in the newspapers. It is unknown whether it can be cashed in, but in this context, those involved in the fireworks business, or engaged in the fireworks business, and even civil explosive enterprises, have all attracted market attention.

Among them, Huatai, which is engaged in the research and development and sales of chemical products, said on the interactive platform that the company's nitric acid products can be used to manufacture fireworks and firecrackers. In response to investors' questions about whether the production of fireworks and firecrackers will be laid out for the upcoming Spring FestivalXinyu Guoke replied that the company does not produce fireworks and firecrackers at present, but only the subsidiary Guoke specially installed the information transformation or automation equipment of the fireworks and firecrackers production line.

The secondary market shows that companies including ST Panda, Deere Chemical, Huatai, Xinyu Guoke, Guotai Group, Kailong Shares, Huhua Shares and other companies have risen sharply. Among them, ST Panda won 2 consecutive boards.

It is reported that ST Panda, formerly known as "Liuyang Fireworks", is known as "the first share of fireworks". The Company's main business is mainly concentrated in fireworks and firecrackers related fields. The specific business model includes export, professional fireworks and fireworks enterprises.

The "ban on burning" in various places has made ST Panda, the "first share of fireworks", completely give up the domestic market. However, in November this year, ST Panda said on the interactive platform that in 2023, under the leadership of the restructured board of directors, the company has returned to the main business of fireworks and relaunched the domestic sales business.

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