Baiyin Nonferrous (601212) Elects Employee Director, Faces Penalty; Affected Investors Eligible for Compensation

Deep News2025-11-20

Affected investors can register their claims through the investor rights protection platform.

On October 24, 2025, Baiyin Nonferrous Group Co., Ltd. (601212) announced that it received the "Administrative Penalty Decision" ([2025] No. 1) from the Gansu Bureau of the China Securities Regulatory Commission (CSRC). The company and related parties were penalized for violations in information disclosure.

Additionally, on November 14, 2025, Baiyin Nonferrous issued an announcement regarding the election of an employee director. The company held its second interim shareholders' meeting on October 17, 2025, approving the dissolution of the board of supervisors and the appointment of one employee director. Subsequently, a representative meeting elected Li Xiwu as the employee director for the fifth board of directors.

Lawyer Niu Bin from Shanghai Baiyue Law Firm stated that affected investors may file compensation claims due to Baiyin Nonferrous’ regulatory violations. Eligible investors include those who purchased the company’s shares between April 30, 2020, and September 11, 2025, and held them at the market close on September 11, 2025, incurring losses.

**Required Claim Materials:** 1. Original transaction records of Baiyin Nonferrous (601212) shares, stamped by the securities firm, showing all trades from the first purchase to the present. Investors still holding shares must provide current holdings. 2. Copies of the investor’s ID (front and back). 3. Securities account inquiry document issued by the securities firm.

The pre-registration conditions are for reference only and do not constitute investment advice. Final eligibility will depend on the CSRC’s penalty decision and court rulings.

(Note: This information is provided by Lawyer Niu Bin, a securities litigation specialist with 24 years of experience in investor rights cases.)

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