公司快评︱协议“藏了”24天，警示函来了！大连友谊信披违规曝治理硬伤

Core Viewpoint - Dalian Friendship's controlling shareholder, Wuxin Investment Holdings, received a warning letter from the Dalian Securities Regulatory Bureau for failing to disclose significant information in a timely manner, highlighting deficiencies in corporate governance and information disclosure practices [1][2][3] Group 1: Regulatory Actions - The warning letter was issued due to Wuxin Holdings' failure to inform the company about a strategic cooperation agreement signed on July 22, 2025, which was disclosed to the market only on August 15, 2025, resulting in a 24-day delay [1] - The Dalian Securities Regulatory Bureau determined that Wuxin Holdings violated the relevant provisions of the "Management Measures for Information Disclosure of Listed Companies" and recorded the violation in the capital market integrity database [1] Group 2: Company Performance and Market Reaction - Dalian Friendship's stock price experienced significant volatility prior to the disclosure of the information violation, with a cumulative drop of over 20% in closing prices over three consecutive trading days [2] - The company projected a net loss of between 30 million to 38 million yuan for the first half of 2025, which is an increase from a loss of 26.41 million yuan in the same period last year [2] Group 3: Governance and Internal Control - The information disclosure violation not only harmed the company's market reputation but also infringed on investors' right to know, indicating a need for improved internal control systems [3] - Dalian Friendship is urged to enhance compliance awareness and strictly adhere to relevant regulations to ensure accurate and timely disclosure of significant events and financial data [3] - The incident serves as a warning for the company to strengthen its governance framework and internal controls to prevent future violations, emphasizing the importance of transparent and fair information disclosure to gain investor trust [3]