稀土龙头股，收警示函

Group 1 - The core viewpoint of the article is that Northern Rare Earth received a warning letter from the Inner Mongolia Securities Regulatory Bureau due to non-compliance with information disclosure obligations related to non-operating fund occupation by a subsidiary [1] - The warning letter indicates that from February 2019 to December 2024, the subsidiary Baotou Steel Group Energy Conservation and Environmental Protection Technology Industry Co., Ltd. issued a total of 8.9485 million yuan in wages, benefits, and insurance fees to Inner Mongolia Baolan Environmental Protection New Materials Co., Ltd., which constitutes non-operating fund occupation [1] - Northern Rare Earth has stated that it will take the warning seriously, enhance internal management, and improve the quality of information disclosure to prevent similar incidents in the future [1] Group 2 - On the secondary market, Northern Rare Earth experienced a trading limit increase, with a transaction volume exceeding 21.4 billion yuan [2]