Baiyin Nonferrous (601212) Repays CNY 5.2382M in Financing; Penalized Investors Eligible for Compensation Claims

Deep News2025-12-16

Investors affected by Baiyin Nonferrous Group Co., Ltd. (Stock Code: 601212) can register claims via the investor rights protection platform.

On October 24, 2025, Baiyin Nonferrous and related parties received the "Administrative Penalty Decision" (No. 1 [2025]) issued by the Gansu Securities Regulatory Bureau.

Based on the facts, nature, severity, and social impact of the violations, the Gansu Securities Regulatory Bureau imposed the following penalties under Article 197, Paragraph 2 of the Securities Law: 1. Baiyin Nonferrous was ordered to rectify, given a warning, and fined CNY 4 million. 2. Wang Pugong was warned and fined CNY 1.5 million. 3. Wang Bin was warned and fined CNY 1 million. 4. Sun Long was warned and fined CNY 1 million. 5. Wu Guiyi was warned and fined CNY 800,000. 6. Xu Dongyang was warned and fined CNY 500,000.

Attorney Niu Bin of Shanghai Baiyue Law Firm stated that Baiyin Nonferrous was penalized for material omissions in information disclosure, making affected investors potentially eligible for compensation. Preliminary eligibility criteria include purchasing Baiyin Nonferrous shares between April 30, 2020, and September 10, 2025, and still holding them at the market close on September 10, 2025.

**Required Claim Materials:** 1. Original transaction records of Baiyin Nonferrous (601212) shares: - Must bear the official seal of the securities firm. - Must cover all transactions from the first purchase to the printing date. Investors still holding shares must also show remaining holdings. 2. Copy of the investor’s ID (front and back). 3. Securities account inquiry document issued by the securities firm.

Attorney Niu Bin clarifies that the preliminary claim conditions are for reference only and do not constitute investment advice. Final eligibility will depend on regulatory decisions and court rulings.

(Note: This information is provided by Attorney Niu Bin of Shanghai Baiyue Law Firm, specializing in securities litigation, financial rights protection, and investment disputes with 24 years of practice experience.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment