Baiyin Nonferrous Completes Establishment of Gansu Honglu Gold Subsidiary

MT Newswires Live2025-11-11

Baiyin Nonferrous Group (SHA:601212) completed the establishment of Gansu Honglu Gold, which received its business license on Nov. 6.

The metal trader's new subsidiary, with a registered capital of 1.5 billion yuan, covers precious metal smelting, alloy manufacturing and jewelry production, according to a filing with the Shanghai bourse.

Shares of Baiyin Nonferrous Group rose 1% in recent trade.

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