Baiyin Nonferrous Group updates on guarantees, stock fluctuation, regulatory action

Baiyin Nonferrous Group announced an increase in external guarantees for its subsidiaries and affiliates, totaling RMB14,080.00, while releasing RMB13,475.45 in prior guarantees. This brings the cumulative outstanding guarantees to RMB184,491.85 by September 30, 2025. The total external guarantees amount to 13.32% of the company's net assets as of the latest audited period.

The company addressed a stock trading abnormality where its shares experienced a cumulative deviation of over 20% over three consecutive trading days ending October 10, 2025. Investigations confirmed normal operations and no undisclosed major events by major shareholders that would impact stock performance.

Baiyin Nonferrous Group also disclosed receiving an administrative penalty pre-notification and regulatory measures decision from the Gansu Securities Regulatory Bureau on September 30, 2025, advising investors to exercise caution. Furthermore, its major shareholder, CITIC Guoan Industrial Co., Ltd., has pledged 98.56% of its Baiyin Nonferrous Group shares, representing 29.95% of the company's total share capital, due to a court-approved restructuring plan.