董秘线上“泄密”后，公司股价“五连板”！光华科技及董秘收警示函

Core Viewpoint - Guanghua Technology received a warning letter from the Guangdong Securities Regulatory Bureau due to the disclosure of non-public information regarding its lithium sulfide production capacity and expected performance for 2024 during an online meeting on November 19, 2024, which was not disclosed in a timely manner [1][5][10] Summary by Relevant Sections Company Actions - The company and its Secretary of the Board, Yang Rongzheng, were issued a warning letter for failing to disclose important operational and financial information in accordance with regulations [1][5] - Guanghua Technology stated it would enhance its legal and regulatory knowledge to prevent similar incidents in the future [5] Stock Market Reaction - Following the disclosure of non-public information on November 19, 2024, Guanghua Technology's stock experienced a "five consecutive limit-up" period from November 20 to 26, with a total increase of 61.02% [4][5] - However, the stock faced a sharp decline with three consecutive limit-downs from November 27 to 29, indicating significant volatility [5] Regulatory Context - The warning letter highlighted that Yang Rongzheng did not fulfill his duties as per the Information Disclosure Management Measures, leading to the administrative action [5][11] - Legal experts noted that the disclosure of significant information in a non-public setting violated the principles of fairness and transparency, potentially disadvantaging other investors [10][11] Industry Insights - The solid-state battery technology sector is gaining attention, with projections indicating a significant increase in market activity by 2027, and a forecasted shipment of semi-solid batteries reaching over 65 GWh by 2030 [7]