After receiving another warning letter, Power New Energy's stock price once dropped over 8% during the trading session

Power New Energy's stock price once fell over 8% during the trading session, hitting a low of 12.37 yuan, a new low since the end of September last year, with a total market value barely holding at 2 billion yuan. In terms of news, after being warned due to a "face change" in performance forecasts for 2024, on the evening of March 25, Power New Energy received a warning letter from the Zhejiang Securities Regulatory Bureau. The regulator pointed out that Power New Energy's 2023 annual report and multiple periodic reports for 2024 had issues such as inflated operating income, insufficient provision for inventory write-downs, and inflated construction projects, as well as "irregular management of seal usage," raising doubts about the authenticity of information disclosure