Huaxi Nonferrous has experienced a deviation of over 20% in its consecutive three trading days

Radar Finance | Yang Yang | Li Yihui

On February 27, Guangxi Huaxi Nonferrous Metals Co., Ltd. (Stock Code: 600301, Stock Abbreviation: Huaxi Nonferrous) issued an announcement regarding abnormal fluctuations in its stock trading. The closing prices of the company’s A-shares deviated by more than 20% cumulatively over three consecutive trading days on February 25, 26, and 27, 2026, indicating an abnormal trading situation.

After self-inspection and written inquiries with the controlling shareholder and indirect controlling shareholder, the company, its controlling shareholder, and its indirect controlling shareholder confirm that there are no major undisclosed material information related to the company. The company reminds investors to be aware of trading risks and to invest rationally.

According to Tianyancha data, Huaxi Nonferrous was established on June 15, 1998, with a registered capital of 632.567479 million RMB. The legal representative is Zhang Xiaoning, and the registered address is 8-9F, North Bay Shipping Center, Tiquang Road, Liangqing District, Nanning City. Its main business includes nonferrous metal exploration, mining, ore dressing, and engineering supervision.

Currently, the company’s chairman is Zhang Xiaoning, the secretary of the board is Chen Bing, with 4,863 employees. The actual controller is the State-owned Assets Supervision and Administration Commission of Guangxi Zhuang Autonomous Region.

The company has stakes in 11 subsidiaries, including Guangxi 215 Geological Team Co., Ltd., Liuzhou Huaxi Nonferrous Engineering Geological Survey Co., Ltd., Liuzhou Huaxi Nonferrous Design and Research Institute Co., Ltd., Hechi Huaxi Material Supply Co., Ltd., Guangxi Jinhai Traffic Consulting Co., Ltd., and others.

In terms of performance, the company’s revenue for 2022, 2023, and 2024 was 589 million RMB, 2.924 billion RMB, and 4.631 billion RMB, respectively, with year-on-year growth of 49.41%, 5.66%, and 44.68%. Net profit attributable to the parent was 18.125 million RMB, 314 million RMB, and 658 million RMB, with year-on-year growth of -66.26%, 43.39%, and 87.72%. During the same period, the company’s asset-liability ratio was 27.54%, 34.94%, and 35.60%.

Regarding risks, Tianyancha data shows the company has 68 internal Tianyan risks, 100 surrounding risks, 139 historical risks, and 294 warning alert risks.