GHKJ(SZ:002741) Zhong Guo Jing Ji Wang·2025-10-22 06:49Core Viewpoint - Guanghua Technology received a warning letter from the Guangdong Securities Regulatory Bureau due to violations related to undisclosed financial information shared during an online meeting with analysts, which could significantly impact stock prices [1][2]. Group 1: Regulatory Actions - The Guangdong Securities Regulatory Bureau issued a warning letter to Guanghua Technology and its board secretary Yang Rongzheng for failing to disclose critical operational and financial information in a timely manner [1][2]. - Guanghua Technology is required to take effective measures to rectify the issues raised in the warning letter, enhance compliance with securities laws, and report back to the regulatory authority within 30 days [2]. Group 2: Stock Performance - Following the online meeting on November 19, 2024, Guanghua Technology's stock experienced a significant increase, achieving a cumulative rise of 61.02% over five consecutive trading days [3]. - However, the stock faced a sharp decline with three consecutive trading halts shortly after, indicating high volatility in the stock price [3]. Group 3: Financial Performance - Guanghua Technology reported net losses attributable to shareholders of 4.31 billion and 2.05 billion in 2023 and 2024, respectively, with adjusted net losses of 4.32 billion and 1.64 billion for the same years [3]. - The company raised approximately 688.88 million in net funds from a recent issuance of A-shares, with a total of 65,543,067 shares issued at a price of 10.68 yuan each [4].