BYIS(SH:600581) Xin Lang Cai Jing·2025-12-12 01:31Core Viewpoint - On November 7, 2025, Bayi Steel announced that it received a notice of investigation from the China Securities Regulatory Commission (CSRC) due to suspected violations of information disclosure laws [1][4]. Group 1: Investigation and Legal Actions - The CSRC has decided to initiate an investigation against Bayi Steel for alleged information disclosure violations, as indicated in the notice (No. 0362025003) [1][4]. - A month after the investigation announcement, on December 10, Bayi Steel proposed to purchase liability insurance with a coverage limit of up to 1 billion RMB for the company and its directors and senior management, aiming to enhance risk control and protect investor rights [5][6]. Group 2: Investor Compensation - According to lawyer Niu Bin from Shanghai Baiyue Law Firm, affected investors have the right to file compensation lawsuits if they purchased Bayi Steel (600581) stock before November 7, 2025, and held or sold the stock at a loss on that date [2][6]. - The preliminary conditions for compensation include holding original transaction statements stamped by the brokerage, copies of the investor's ID, and a confirmation of the securities account from the brokerage [3][7].