Investors who suffered losses can register their claims through the relevant investor rights protection platform. A number of investor compensation cases represented by attorney Liu Peng of Shanghai Huzi Law Firm have been filed with the court. On September 11, 2025, Baiyin Nonferrous Group Co.,Ltd. announced it had received a "Case Filing Notice" from the China Securities Regulatory Commission (CSRC), stating the company was under investigation for suspected violations of information disclosure regulations. The investigation revealed the issues stemmed from the company's purchase of 3 billion yuan in wealth management products between August 2017 and March 2018.
These wealth management products failed to be recovered on schedule in 2019, with principal and related returns only being recovered in December 2024. Although the company disclosed the opening and closing balances of these products in its annual reports from 2019 to 2024, it failed to disclose specific details as required by relevant regulations, resulting in significant omissions in the annual reports.
This subsequently initiated a wave of investor compensation claims, with hundreds of cases having been received so far.
Based on the company's regulatory violations, the Gansu Securities Regulatory Bureau imposed penalties on Baiyin Nonferrous and related responsible individuals. The company was ordered to make corrections, given a warning, and fined 4 million yuan; several senior executives, including the chairman, were fined amounts ranging from 500,000 to 1.5 million yuan respectively.
The eligibility criteria for participating in the claim are: investors who purchased shares between April 30, 2020, and September 10, 2025 (inclusive), and sold them after September 11, 2025, or continued to hold them and incurred losses. It is important to note that any investor who traded during the specified period and suffered a loss is eligible to participate in the claim, regardless of subsequent stock price fluctuations.
Recently, there have been unusual movements in the company's stock price. The "Baiyin Nonferrous" stock ticker creates a contrast with its actual business structure. The company's primary source of revenue is not precious metals, but the smelting and processing of base metals. Products actually related to the company's name, such as gold and silver, contribute limitedly to its revenue. Investors are advised to proceed with caution.
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