犯欺诈发行证券罪！紫晶存储实控人等10名高管集体获刑 公司被罚3700万！

Core Viewpoint - Guangdong Zijing Information Storage Technology Co., Ltd. has been sentenced for securities fraud, with its actual controllers and key management receiving prison sentences and the company itself facing significant fines [1][4]. Legal Proceedings - The company was found guilty of fraudulently issuing securities and was fined 37 million RMB [4]. - Zheng Mu, the actual controller, received a total prison sentence of 7 years and 6 months, along with a fine of 500,000 RMB [4][5]. - Luo Tiewei was sentenced to 7 years in prison and fined 400,000 RMB [4][5]. - Li Yansha received a sentence of 6 years and 6 months, with a fine of 350,000 RMB [5][6]. - Other key management members, including Jiao Shizhi, Huang Meishan, and others, received varying sentences and fines for similar charges [7][8][9]. Company Background - Zijing Storage, established in April 2010, focuses on optical storage technology and has received significant investment from notable firms [11][12]. - The company went public on the Sci-Tech Innovation Board in February 2020, initially achieving a market capitalization of 14.895 billion RMB [13]. - However, post-IPO performance has been declining, with revenues dropping from 5.63 billion RMB in 2020 to 4.58 billion RMB in 2021, and a net loss of 2.29 billion RMB reported in 2021 [13][14]. Regulatory Actions - The company has been under investigation for information disclosure violations since February 2022, leading to a significant regulatory crackdown [13][14]. - Zijing Storage is the first company to face allegations of fraudulent IPO under the new registration system, resulting in its impending delisting due to severe violations [14].