Di Yi Cai Jing·2025-10-21 09:56Core Points - Guanghua Technology received a warning letter from the Guangdong Securities Regulatory Bureau for disclosing non-public information during an online meeting on November 19, 2024, which could significantly impact the company's stock price [1][3] - The company failed to timely disclose information regarding its lithium sulfide production capacity and expected performance for 2024, only releasing a clarification announcement on December 6, 2024, after the information was circulated online [1][3] Regulatory Actions - The Guangdong Securities Regulatory Bureau decided to issue a warning letter to Guanghua Technology and its board secretary Yang Rongzheng as an administrative regulatory measure based on Article 52 of the Information Disclosure Management Measures for Listed Companies [3] - Guanghua Technology acknowledged the issues raised in the warning letter and committed to enhancing compliance with relevant laws and regulations, ensuring proper information disclosure in the future [3] Market Reaction - From November 20 to November 26, 2024, Guanghua Technology's stock experienced a consecutive five-day limit-up trading [4] - As of the latest closing, Guanghua Technology's stock price decreased by 0.88%, closing at 21.29 yuan [5]