Yantai Moon Co LtdEnvironmental tax pilot on VOCs in general equipment manufacturing starting 2027 increases compliance costs.
The general equipment sector fell 3.05% during the session, with component stocks Shenling Environment dropping 10.68%, Lianying Instruments down 9.99%, Moon Environment declining 9.99%, Dongshan Precision losing 9.74%, and Dingtai High-Tech falling 6.99%. The Ministry of Finance, the State Taxation Administration, and the Ministry of Ecology and Environment jointly released the Implementation Measures for the Pilot Collection of Environmental Protection Tax on Volatile Organic Compounds, launching a pilot program across eight industries including general equipment manufacturing starting January 1, 2027. National Bureau of Statistics data shows that from January to June, profits in general equipment manufacturing rose 1.5% year-on-year, while the computer, communications, and other electronic equipment manufacturing sector surged 96.9%. A research report from Jianghai Securities noted that the industrial automation market is growing steadily, with the market size for small PLCs and general servo systems expected to reach 877.6 million yuan and 2.366 billion yuan respectively in 2026.
Yantai Moon Co LtdEnvironmental tax pilot on VOCs in general equipment manufacturing starting 2027 increases compliance costs.
Suzhou Dongshan Precision Manufacturing Co LtdEnvironmental tax pilot on VOCs in general equipment manufacturing starting 2027 increases compliance costs.
Guangdong Shenling Environmental Systems Co. Ltd.Environmental tax pilot on VOCs in general equipment manufacturing starting 2027 increases compliance costs.
Guangdong Dtech Technology Co. Ltd. AEnvironmental tax pilot on VOCs in general equipment manufacturing starting 2027 increases compliance costs.