Guiyan Platinum announced that the wholly-owned subsidiary Guiyan Resources Co., Ltd. and related responsible persons received the “Administrative Penalty Decision” from the Yimen County Emergency Management Bureau on August 6, 2026. As a result of the “April 22” explosion, Guiyan Resources Yimen Company was fined a full RMB 500,000 yuan, and the five responsible persons were also given corresponding administrative penalties. The company stated that this penalty will not have a significant adverse impact on production and operation, financial conditions and operating results.

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