KN(SH:603111) Shen Zhen Shang Bao·2025-11-06 15:47Core Viewpoint - The company has successfully recovered all compensation obligations from former shareholder Luo Guolian, concluding a legal dispute stemming from the acquisition of Longxin Technology in 2017 [1][2]. Group 1: Legal Proceedings and Financial Recovery - The company received a total of 1.4941 million yuan from Luo Guolian, fulfilling the court's judgment regarding compensation [1]. - The legal dispute originated from a 34 billion yuan acquisition of Longxin Technology, which was later found to involve fraudulent activities by its former legal representative [1]. - The court ruled that the company could repurchase 1,102,600 shares from Luo Guolian for a total price of 1 yuan, or alternatively, receive compensation at 14.86 yuan per share [1]. Group 2: Financial Impact and Recovery - The fraudulent activities of Longxin Technology resulted in significant financial losses for the company, amounting to approximately 3 billion yuan within three years [2]. - In 2024, the company reported revenues of 3.968 billion yuan and a net profit attributable to shareholders of 351 million yuan [2]. - For the first three quarters of 2025, the company achieved revenues of 3.101 billion yuan and a net profit attributable to shareholders of 261 million yuan [2].