Core Viewpoint - Dameng Data, known as the "first domestic database stock," is facing significant challenges following the investigation of two key executives, raising concerns about corporate governance and sustainability despite strong financial performance [1][2]. Financial Performance - For 2024, Dameng Data is projected to achieve revenue of 1.044 billion yuan and a net profit of 362 million yuan, with Q1 2025 growth rates of 55.61% and 76.39% respectively [1]. Executive Investigation - The company's general manager, Pi Yu, and senior vice president, Chen Wen, have been placed under investigation within three days, leading to concerns about potential systemic compliance issues within the company [2]. - Both executives have been with the company for many years, with Pi Yu joining in 2010 and Chen Wen in 2002, but neither holds shares, indicating a disconnect between their personal interests and the company's market value [2]. Market Reaction - Following the news of the investigations, the stock price dropped nearly 4% in early trading on August 22, with significant trading volume, reflecting investor concerns about governance rather than current profits [1][2]. Future Considerations - Investors are advised to monitor three key issues: the final conclusions from the investigation, the company's ability to stabilize its executive team, and any signs of delayed or canceled major customer orders [2]. - The incident serves as a reminder for other companies to enhance internal governance and compliance management for sustainable development [3].
三天内两核心高管被查，达梦数据能否度过“成长阵痛”