HUNAN SILVER(SZ:002716) Qi Lu Wan Bao·2025-12-02 02:55Core Viewpoint - Hunan Baoshan Mining Company has been fined and ordered to restore vegetation and forestry conditions due to illegal land use for constructing an explosives depot without proper permits [1][2]. Group 1: Illegal Activities - Hunan Baoshan Mining illegally occupied 0.2619 hectares (approximately 2619 square meters) of forest land since 2018, specifically in Pinggang Village, Renyi Town, Guiyang County [1][3]. - The illegal land use included the construction of an explosives depot, roads, and water pools, altering the original purpose of the forest land [1][3]. Group 2: Penalty Details - The company was fined 52,380 RMB, calculated based on a penalty standard of 20 RMB per square meter for the area of illegal land use [2][3]. - The penalty was determined under the Forest Law of the People's Republic of China and local administrative regulations, categorizing the violation as "general" due to the area exceeding 2 acres (approximately 3.93 acres) [2][3]. Group 3: Compliance Requirements - Hunan Baoshan Mining is required to restore the vegetation and forestry conditions within one year or legally obtain land use permits [2][3]. - Failure to comply with the restoration order may result in further legal consequences [2].