HY(SH:601020) Qi Lu Wan Bao·2025-10-23 09:02Core Viewpoint - On October 20, 2025, Huayu Mining's subsidiary, Tibet Huayu Mining Co., Ltd. Shannan Branch, was fined by the Shannan Emergency Management Bureau for safety violations related to mining operations [1][3]. Group 1: Company Information - Huayu Mining (601020.SH) is primarily engaged in the exploration, mining, processing, and trading of solid mineral resources, including non-ferrous metals such as lead, zinc, copper, antimony, gold, and silver [7]. - The company was listed on the Shanghai Stock Exchange on March 16, 2016, becoming the 13th listed company in the Tibet Autonomous Region [7]. - Huayu Mining has expanded its operations internationally, acquiring significant stakes in various mining assets, including 50% of Tajikistan's largest state-owned enterprise "Talco Gold" and 70% of Ethiopia's Tigray Resources Private Limited [7]. Group 2: Regulatory Actions - The Shannan Emergency Management Bureau imposed a fine of 30,000 yuan (3 million) on Huayu Mining's Shannan Branch for failing to comply with safety regulations, specifically regarding the main ventilation system and the marking of mining tunnels [3][2]. - The violation was based on the "Interim Regulations on the Investigation and Management of Safety Production Accident Hazards," specifically Article 26, Item 4 [3]. Group 3: Financial Performance - As of October 23, 2025, Huayu Mining's stock price was reported at 26.09 yuan, reflecting a decline of 1.32% [10].