CMC(SH:600327) Ge Long Hui A P P·2026-02-12 04:03Core Viewpoint - The stock of Dae Oriental (600327.SH) dropped by 8.55%, reaching a new low of 4.22 yuan, with a total market value of 3.79 billion yuan due to regulatory issues and financial misreporting [1] Financial Reporting Issues - Dae Oriental announced that it and its financial director, Xu Wenwu, received a warning letter for violations related to inadequate accounting treatment of investments in affiliated partnerships [1] - The company failed to properly account for long-term equity investments and did not identify improper accounting practices in its affiliated partnerships, leading to inaccurate financial data disclosures for the years 2022 to 2024 [1] Profitability Concerns - The company is expected to report a net loss for the previous year, reversing its profit position [1]