Daimay: Issued a warning letter for failing to timely disclose subsidiary fire losses of 242 million yuan

36Kr learned that Daimay announced that the company received a warning letter from the Shanghai Securities Regulatory Bureau. Upon investigation, the company suffered an economic loss of 242 million yuan due to a fire at its subsidiary, Daimay Mexico Automotive Interior Parts Co., Ltd., on May 11, 2025, local time, which accounted for 30.17% of the most recent audited net profit (802 million yuan). This constitutes a significant event that should have been disclosed in a timely manner, but the company failed to fulfill its information disclosure obligations as required, violating relevant regulations. The Shanghai Securities Regulatory Bureau decided to take supervisory measures against Daimay by issuing a warning letter. Xiao Chuanlong, as the then Secretary of the Board of Directors of Daimay, is responsible for the aforementioned actions of Daimay, and the Shanghai Securities Regulatory Bureau decided to take supervisory measures against Xiao Chuanlong by issuing a warning letter