Baiyin Nonferrous(SH:601212) Xin Lang Cai Jing·2026-01-22 05:31Group 1 - The core viewpoint of the article highlights the significant stock price increase of Baiyin Nonferrous, which reached a limit-up price of 9.43 yuan, reflecting a 10.04% rise and a total market capitalization of 69.827 billion yuan [1] Group 2 - Baiyin Nonferrous is undergoing a strategic transformation, with a key highlight being its expansion into the gold business, including the establishment of a gold subsidiary with a registered capital of 1.5 billion yuan and participation in gold mining rights auctions, aiming to develop a full gold industry chain [2] - The company reported a 70.72% year-on-year revenue growth in Q3 2025, with significant improvements in both product sales and operating cash flow, which reached 6.06 billion yuan, indicating a positive business expansion trend [2] - On January 21, 2026, Baiyin Nonferrous was included in the stock market's "Dragon and Tiger List," with a trading volume of 4.135 billion yuan, driven by substantial net buying from retail and foreign investors, contributing to the stock price surge [2]