Netac(SZ:300042) Xin Lang Cai Jing·2025-12-23 00:38Core Viewpoint - The former chairman of Shenzhen Longke Technology Co., Ltd. was fined 800,000 yuan for engaging in short-term trading, violating securities regulations while publicly committing to increase his stake in the company [1][2][4]. Group 1: Regulatory Actions - Shenzhen Securities Regulatory Bureau imposed an 800,000 yuan fine on Zhou Fuchi for short-term trading activities that violated the Securities Law [2][4]. - The investigation revealed that Zhou Fuchi conducted buy and sell transactions within a short time frame, constituting typical short-term trading and breaching fiduciary duties [4][8]. Group 2: Company Background - Longke Technology focuses on the storage sector, with its core business being storage products, and has been gradually extending into the computing power industry [4][8]. - The company's recent financial performance shows pressure, with a reported revenue of 795 million yuan for the first three quarters of 2025, a year-on-year increase of 35.2%, but a net loss attributable to shareholders of 28.46 million yuan, and a negative operating cash flow of 151 million yuan, a decline of 616.2% year-on-year [4][8]. Group 3: Chairman's Actions - Zhou Fuchi publicly announced a plan to increase his stake in Longke Technology by 20 to 40 million yuan, citing confidence in the company's future [1][6]. - During the commitment period, he purchased 2,135,894 shares of Longke Technology from October 13, 2022, to March 24, 2023, but began to sell shares through a controlled company account shortly after [1][6].