Group 1 - The industrial metal sector increased by 2.21% on September 11, with Huayu Mining leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] - Huayu Mining's closing price was 26.99, reflecting a rise of 6.26%, with a trading volume of 579,800 shares and a transaction value of 1.516 billion yuan [1] Group 2 - The industrial metal sector saw a net inflow of 765 million yuan from main funds, while retail investors experienced a net outflow of 193 million yuan [2] - The top gainers in the industrial metal sector included Pengxin Resources, Tianshan Aluminum, and Haomei New Materials, with respective increases of 6.02%, 5.28%, and 4.73% [1][2] - The main funds' net inflow for China Aluminum was 138 million yuan, while retail investors had a net outflow of 892,480 yuan [3]

Core Viewpoint - Baiyin Nonferrous Metals Group Co., Ltd. is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, which has led to a significant decline in its stock price and financial performance [1][3]. Group 1: Regulatory Investigation - The company received a notice from the CSRC regarding the initiation of an investigation due to suspected information disclosure violations [1]. - Baiyin Nonferrous has stated that it will cooperate with the CSRC's investigation and fulfill its information disclosure obligations [3]. Group 2: Financial Performance - The company's financial report for the first half of 2025 shows a transition from profit to loss, with a loss of 217 million yuan compared to a profit of 12.34 million yuan in the same period of 2024, representing a year-on-year decline of 1859.82% [3]. - The company's revenue for the first half of 2025 was 44.559 billion yuan, a decrease of 15.28% year-on-year, while total profit dropped by 38.67% to 433 million yuan [4]. - The company reported a non-recurring net profit loss of 1.117 million yuan, a decline of 180.19% year-on-year [4]. Group 3: Legal Issues and Impact - Baiyin Nonferrous is facing legal issues related to two significant cases involving employee misconduct, which have not been disclosed in timely manner in previous reports. These cases involve the misappropriation of copper products and theft of zinc ingots, with the total amount involved reaching 1.57 billion yuan [4]. - The company has made provisions for losses related to these cases, including 85.8792 million yuan for the copper case and 23.2364 million yuan for the zinc case, impacting its overall financial performance [4]. Group 4: Stock Market Reaction - Following the announcement of the investigation, Baiyin Nonferrous's stock price fell to 3.82 yuan per share, marking a decline of 9.91% and a total market capitalization of 28.286 billion yuan [3]. - Prior to this, the stock had experienced two consecutive days of trading at the upper limit [3].

登录新浪财经APP 搜索【信披】查看更多考评等级 白银有色（维权）(601212.SH)一字跌停，报3.82元，封单145万手。白银有色昨日晚间公告，公司近日收到中国证监会下发的《立案告知书》，因公司涉嫌 信息披露违法违规，中国证监会决定对公司立案。目前公司各项经营活动和业务均正常开展，将积极配合中国证监会的相关调查工作，并严格履行信息披露 义务。(格隆汇) ...

记者丨 见习记者李益文 值得注意的是，上述两起案件均未在2023年年报中及时披露。此外，根据白银有色2025年1月 公告透露，公司还曾发生过销售部门存在违规发出商品事项，导致部分销售款项存在回收风 险。具体来看，2023年11月，白银有色全资子公司上海红鹭发现显赫公司、国和公司、宽玉公 司三家客户锌锭发货量与实付货款出现严重不符的事实，差额约为3.88亿元，占公司归母净利 润的比值为466.91%。 针对上述事件以及此次立案，21财经·南财快讯记者以投资者身份致电白银有色，接线工 作人员表示，公司目前尚不清楚被立案的具体缘由是否与此前案件相关；此前阴极铜案与 锌锭案件未及时披露，主要因事件涉及刑事案件，侦查阶段属于保密事项，相关信息由办 案机关掌握，公司亦不清楚具体详情。 编辑丨叶映橙 9月11日，白银有色（601212.SH）开盘即封死跌停板，股价跌至3.82元/股。 白银有色(601212) W 交易中 09-11 11:30:00 融 通 3.82 额 2.60亿 股本 74.05亿 市盈-190 万得 器 ■ -0.42 - 9.91% 换 0.92% - 市值1.283亿 - 市净 1.84 > 盯 ...

白银有色(601212.SH)一字跌停，报3.82元，封单145万手。白银有色昨日晚间公告，公司近日收到中国 证监会下发的《立案告知书》，因公司涉嫌信息披露违法违规，中国证监会决定对公司立案。目前公司 各项经营活动和业务均正常开展，将积极配合中国证监会的相关调查工作，并严格履行信息披露义务。 ...

Core Viewpoint - Baiyin Nonferrous Metals Group Co., Ltd. reported a stable performance in the first half of 2025, achieving an operating income of 44.559 billion yuan and a net profit attributable to shareholders of 433 million yuan, demonstrating strong operational resilience in a complex environment within the nonferrous metals industry [1] Group 1: Financial Performance - The company achieved an operating income of 44.559 billion yuan in the first half of 2025 [1] - The net profit attributable to shareholders reached 433 million yuan [1] - The production output of various metals included 13.05 thousand tons of copper, lead, zinc, and molybdenum concentrates [1] Group 2: Production and Operations - The cumulative output of copper, lead, zinc, and molybdenum concentrates was 13.05 thousand tons, with specific outputs of 31.8 thousand tons of copper, 83.6 thousand tons of zinc, 14.9 thousand tons of lead, and 174 tons of molybdenum [1] - The smelting system produced a total of 426.2 thousand tons of copper, zinc, and lead products, including 197 thousand tons of cathode copper, 13.8 thousand tons of electrolytic lead, and 215.4 thousand tons of zinc products [1] - The production of gold was 11,773 kilograms, silver was 270.54 tons, and sulfuric acid was 1.0746 million tons, indicating stable core product output [1] Group 3: Key Projects and Developments - The company accelerated the implementation of key projects, including the green mining reagent technology transformation project, with the first phase production line of 15 thousand tons officially launched [2] - The intelligent copper smelting factory project has made progress, completing 28 sub-projects and focusing on IT resource construction and boiler flue dust automatic delivery [2] - Various domestic and overseas mineral projects are advancing, including the completion of the second phase of the tailings dam for the Shouxin Peru Company and the operational approval for the first gold Gedex mining resource recovery project [2]

中国经济网北京9月11日讯 白银有色（601212.SH）今日一字跌停，截至发稿时报3.82元，跌幅 9.91%。 白银有色昨晚发布关于收到中国证券监督管理委员会立案告知书的公告。白银有色近日收到中国证 券监督管理委员会（以下简称"中国证监会"）下发的《立案告知书》（编号：证监立案字 0332025004 号），因公司涉嫌信息披露违法违规，根据《中华人民共和国证券法》《中华人民共和国行政处罚法》 等法律法规，中国证监会决定对公司立案。 白银有色近5年仅有招商证券一家券商发布研报。招商证券股份有限公司研究员刘文平、刘伟洁、 赖如川2021年12月9日发布研报《白银有色(601212)：合作建设高档电解铜箔项目 计划年产能20万 吨》。 （责任编辑：徐自立） ...

Core Viewpoint - Baiyin Nonferrous Metals (601212.SH) faced a significant stock price drop due to the announcement of an investigation by the China Securities Regulatory Commission (CSRC) for suspected information disclosure violations, leading to a trading halt at 3.82 CNY per share [2] Group 1: Company Investigation and Violations - The CSRC issued a "Notice of Investigation" to Baiyin Nonferrous Metals for suspected violations of information disclosure regulations [2] - The company has a history of internal fraud and irregularities, with recent internal control audit opinions indicating "emphasis of matter" in the 2023 and 2024 annual reports [2] - A significant case involved employees colluding to misappropriate copper products, with the investigation revealing a potential criminal offense involving 157 million CNY [2] Group 2: Recent Incidents and Financial Impact - In November 2023, a serious discrepancy was found during a warehouse inventory check, leading to the discovery of 990 tons of zinc ingots being stolen by employees [3] - The company failed to disclose these incidents in a timely manner in the 2023 annual report, citing confidentiality due to ongoing criminal investigations [3] - The financial impact of these incidents is evident, with a reported revenue of 86.787 billion CNY in 2024, a slight decrease of 0.21%, and a net profit of 81 million CNY, down 25.18% [4] Group 3: Financial Performance and Management Changes - In the first half of 2025, the company reported a net loss of 217 million CNY, a staggering decline of 1859.82%, attributed to a legal dispute involving a subsidiary and a provision for expected liabilities of approximately 314 million CNY [5] - Baiyin Nonferrous Metals operates across a full industry chain in nonferrous and precious metals, including exploration, mining, smelting, processing, and trading [5] - A significant management change occurred in July 2023, with the resignation of the vice chairman and the appointment of a new vice chairman with extensive risk management experience [5]

Core Viewpoint - Baiyin Nonferrous (601212.SH) faced a significant stock price drop due to the announcement of an investigation by the China Securities Regulatory Commission (CSRC) for suspected information disclosure violations, leading to a trading halt at 3.82 CNY per share [1] Group 1: Company Investigation and Violations - The CSRC issued a "Notice of Investigation" to Baiyin Nonferrous, indicating that the company is under investigation for suspected violations of information disclosure regulations [1] - Baiyin Nonferrous has a history of internal fraud and violations, with recent audit opinions highlighting concerns in internal controls for the 2023 and 2024 annual reports [1] - The company is currently cooperating with the investigation and has committed to fulfilling its disclosure obligations [1] Group 2: Financial Impact and Losses - Baiyin Nonferrous reported a slight revenue decline of 0.21% year-on-year for 2024, totaling 86.787 billion CNY, while net profit dropped by 25.18% to 81 million CNY [3] - The company has made provisions for losses related to the copper and zinc cases, amounting to 85.8792 million CNY and 23.2364 million CNY, respectively [3] - In the first half of 2025, the company reported a net loss of 217 million CNY, a staggering decline of 1859.82% year-on-year, primarily due to a legal dispute involving a subsidiary [3] Group 3: Recent Incidents and Internal Issues - In November 2023, a significant discrepancy was found during a warehouse inventory check, leading to the discovery of 990 tons of zinc ingots being stolen by employees in collusion with a logistics company [2] - The company failed to disclose these incidents in a timely manner in its 2023 annual report, citing confidentiality due to ongoing criminal investigations [2] - Baiyin Nonferrous has strengthened its internal controls in response to these incidents and is awaiting the outcome of police investigations to recover lost funds [3] Group 4: Management Changes - In July 2023, Baiyin Nonferrous experienced a major management change with the resignation of its vice chairman, Qiao Liang, and the appointment of Wang Meng as the new vice chairman [3] - Wang Meng has a background in risk management and compliance, having held various senior positions within China CITIC Group [3]

公告称，目前公司各项经营活动和业务均正常开展。在立案调查期间，公司将积极配合中国证监会的相 关调查工作，并严格按照有关法律法规及监管要求履行信息披露义务。 新京报贝壳财经讯 9月10日，白银有色（601212）发布公告称，公司近日收到中国证监会下发的《立案 告知书》，因公司涉嫌信息披露违法违规，根据《中华人民共和国证券法》《中华人民共和国行政处罚 法》等法律法规，中国证监会决定对公司立案。 ...