CITIC Group to Cut Baiyin Nonferrous Stake by Up to 1% via Centralized Bidding
Baiyin Nonferrous (601212) announced on September 18, 2026 that shareholder China CITIC Group Co. , Ltd. , citing its own funding needs, plans to reduce its holding in the company by no more than 74.0477 million shares, or no more than 1% of the company's total share capital, through centralized bidding between October 20, 2026 and January 19, 2027.
As of the date of the announcement, CITIC Group held 122 million shares of Baiyin Nonferrous, representing 1.64% of the company's total share capital. CITIC Group and its concert party CITIC Guoan Industrial together held 2.372 billion shares, representing 32.03% of the company's total share capital.
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