Baiyin Nonferrous(SH:601212) Sou Hu Cai Jing·2026-02-12 10:39Core Viewpoint - The establishment of Gansu Honglu Gold Co., Ltd. marks a significant step for Baiyin Group in deepening its precious metals industry and expanding into new strategic areas of "three rare and one precious" [1][3] Group 1 - Gansu Honglu Gold Co., Ltd. is a response to the central government's strategy for accelerating the high-end, intelligent, green, and safe development of the gold industry, aiming for high-quality growth [3] - The company is part of the provincial government's initiative to integrate gold mineral resources and build a gold smelting center in Gansu, transforming resource endowments into development and competitive advantages [3] - The establishment of the company is seen as a proactive measure to address historical resource challenges and aligns with national strategies and local development needs [3] Group 2 - As a key pillar of Baiyin Group's "14th Five-Year" development strategy, Gansu Honglu Gold Co., Ltd. will leverage Gansu's rich gold resources and the group's advantages in mining, smelting, and operational management [5] - The company aims to create a comprehensive industrial system that integrates gold mining, smelting, and processing, while also focusing on the comprehensive recovery of other precious metal resources [5] - The goal is to achieve significant increases in reserves and production, enhance quality and efficiency, and upgrade the entire value chain, with aspirations to elevate Gansu from a "gold resource province" to a "gold industry powerhouse" [5]