광명전기, 감사의견 ‘의견거절’…상장폐지 절차 돌입

The delisting of Gwangmyeong Electric following a disclaimer of audit opinion reveals severe governance and financial control failures that trigger regulatory enforcement. This case demonstrates how independent audits serve as critical safeguards to protect investors from undisclosed financial deterioration. For market participants, it underscores the importance of monitoring audit opinions and financial metrics as early warning indicators of corporate distress.