On the morning of January 11, Haomei New Materials, which had previously misled investors in information disclosure and caused its stock price to skyrocket, received disciplinary action from the Shenzhen Stock Exchange. 
In November last year, the company disclosed that "customers cover domestic brands such as Huawei Wenjie and joint venture models such as BMW", and "Wenjie M7 has brought a certain order increment to the company after mass production", so that the stock price has six daily limits, and convertible bonds have also skyrocketed. In the routine announcement of stock price changes, the company emphasized that "there is no need to correct or supplement the relevant information". However, after the Shenzhen Stock Exchange issued a letter of concern, the company immediately issued a correction announcement, saying that Huawei Wenjie and BMW are not direct customers, and in the first three quarters of 2023, the sales contribution of Wenjie models will only account for 011%。After the correction, the company's stock price followed, and there were two falling limits at one point. For this reason, Haomei New Materials, Dong Weifeng, chairman of the company, and Chen Tao, secretary of the board of directors of the company, were publicly reprimanded by the Shenzhen Stock Exchange. It is worth mentioning that just last month, due to the death of 5 people and direct economic losses of 21 million yuan due to safety production accidents, Dong Weifeng, a wholly-owned subsidiary and chairman of Haomei New Materials, was just given 1.1 million yuan and 25 million yuan by the emergency management bureau of Qingyuan City, Guangdong, where it is located050,000 yuan fine. Huawei's stock price skyrocketedThere are misleading statements in factAccording to the penalty decision, the record of investor relations activities disclosed by Haomei New Materials on October 30, 2023 shows that "in terms of automotive lightweight business, a total of 280 model fixed-point projects have been obtained in the first half of the year, and customers have covered domestic brands such as Huawei Wenjie and joint venture models such as BMW". In addition, the record of investor relations activities disclosed by Haomei New Materials on November 3, 2023 shows that Haomei New Materials replied to investors' questions about "the company is the leading business of Huawei Wenjie, what is the current order situation", saying that "after the mass production of Wenjie M7, it has brought a certain order increment for the company". At that time, at the time of the hype of Huawei-related concepts, stimulated by the above news, from November 7 to 14, 2023, Haomei New Materials** and convertible bonds** continued to be substantial**, of which the stock price closed six consecutive daily limits, three times touched abnormal fluctuations, and convertible bond transactions showed two abnormal fluctuations. 
In the "Announcement on Abnormal Fluctuations in Transactions" disclosed on November 9 and 13, 2023, Haomei New Materials stated that there is no need to correct or supplement the relevant information of the automotive lightweight business disclosed by Haomei New Materials in the early stage, and there is no information that should be disclosed but has not been disclosed and has a significant impact on the company's **transaction. It was not until the Shenzhen Stock Exchange issued a letter of concern on November 14, 2023, requiring Haomei New Materials to verify and explain the relevant matters, that Haomei New Materials disclosed the "Correction Announcement on Disclosure Matters Related to Automotive Lightweight Business" on November 16. In the correction announcement, Haomei New Materials said that the company's positioning is the second-level or first-class business of the vehicle factory, and the direct customers are mainly auto parts companies such as Lingyun Co., Ltd., and the terminal applications of related products cover domestic brands such as Huawei Wenjie and joint venture models such as BMW, and the revenue from shipments to parts companies in the first three quarters of 2023 for related products applied to Wenjie models is about 4.79 million yuan (tax included), accounting for about 011%, which has little impact on the company's current revenue and profit. After the correction, from November 15th to November 17th, the share price of Haomei New Materials continued to fall twice, and once again touched abnormal fluctuations. The company, the chairman of the board of directors and the secretary of the board of directors were punishedJust been fined for a work safety accidentAccording to the Shenzhen Stock Exchange, Haomei New Materials failed to truthfully, objectively and completely disclose the positioning of the automobile lightweight business, the relationship with relevant vehicle manufacturers, and the specific impact on Haomei New Materials in the record form of investor relations activities and the "Announcement on Abnormal Fluctuations in Transactions", which misled investors, resulting in continuous abnormal fluctuations in stock prices, which were of a bad nature and serious circumstances. The above conduct violated Article 1 of the **Listing Rules (Revised in August 2023) of the Shenzhen Stock ExchangeArticle 4, Article 21.Article 1, Article 21.Article 4, Article 21.Article 5 and Article 7 of the Self-Regulatory Guidelines for Listed Companies No. 1 - Standardized Operation of Listed Companies on the Main Board (Revised in 2023).1.Provisions of Article 1. Dong Weifeng, chairman and general manager of Haomei New Materials, failed to fulfill his duties and fulfill his obligations of integrity and diligence, violated relevant regulations, and bears important responsibility for the above-mentioned violations of Haomei New Materials. Chen Tao, deputy general manager and secretary of the board of directors of Haomei New Materials, failed to fulfill his duties and fulfill his obligations of integrity and diligence, and also violated relevant regulations, and bears important responsibility for the above-mentioned violations of Haomei New Materials. In view of the facts and circumstances of the above-mentioned violations, in accordance with the relevant regulations, the disciplinary committee of the Shenzhen Stock Exchange deliberated and passed the following punishment decisions: 1. Give a public reprimand to Guangdong Haomei New Materials Co., Ltd.; 2. Dong Weifeng, chairman and general manager of Guangdong Haomei New Materials Co., Ltd., and Chen Tao, deputy general manager and secretary of the board of directors, were given the punishment of public reprimand. According to the data, Haomei New Materials is located in Taiji Industrial City, High-tech Industrial Development Zone, Qingyuan City, Guangdong, and is a large-scale domestic aluminum profile manufacturer integrating professional R&D, manufacturing and sales. In the first three quarters of 2023, the company achieved operating income of 424.2 billion yuan, achieving a net profit attributable to the parent company of 12.4 billion yuan, the performance has recovered. The company's latest market value is about 5.6 billion yuan. It is worth mentioning that just last month, on December 12, 2023, Haomei New Materials was just punished by the emergency management department. 
At 11 a.m. on April 3, 2022, a deep well ** accident occurred in the second workshop of exquisite special materials melting and casting, a wholly-owned subsidiary of Haomei New Materials, resulting in 5 deaths and direct economic losses of 21 million yuan. After investigation, it was determined that Dong Weifeng, chairman of the company, was responsible for the accident. In accordance with the relevant provisions of the "Work Safety Law of the People's Republic of China" and the "Rules for the Discretionary Application of Administrative Penalties for Work Safety (Trial)", the Qingyuan Emergency Management Bureau decided to give a fine of 1.1 million yuan to exquisite special materials and Dong Weifeng 25An administrative penalty of a fine of 50,000 yuan. Editor: Joey Review: Chen Mo.