Shenzhen’s epidemic prevention measures have been upgraded. The first share of China mobile storage and Foxconn Industrial Internet Co.Ltd(601138) have successively announced the shutdown!

On March 14, Netac Technology Co.Ltd(300042) announced that the company temporarily stopped production in the plant affected by the epidemic; This is the second time that the company stopped production in the first quarter of 2022 in response to the requirements of the government’s epidemic prevention policy. As this plant is the only production and testing plant of the company, it is expected to delay the production and delivery of the company’s products, may have a certain adverse impact on the recent production and operating performance

On the disk, as of today’s (14th) close, Netac Technology Co.Ltd(300042) share price fell 2.15% to close at 13.18 yuan / share, with a total market value of 2.641 billion yuan.

According to the introduction of Netac Technology Co.Ltd(300042) official website, Netac Technology Co.Ltd(300042) is known as the first stock of China’s mobile storage , Longke is the inventor of flash disk and a global provider of products and solutions in the field of flash memory applications. It has Beijing Longke Innovation Technology Development Co., Ltd., Shenzhen Langsheng Electronics Co., Ltd Shenzhen Changzhou Langbo Sealing Technology Co.Ltd(603655) Co., Ltd. and four wholly-owned subsidiaries of Netac Technology (Hong Kong) Limited 2010, Longke was successfully listed on the A-share gem

On March 14, investors asked questions on the investor interaction platform: foreign media said that Foxconn‘s Shenzhen plant was suspended. Is the news true? What is the impact on production?

Foxconn Industrial Internet Co.Ltd(601138) 3 on March 14, the company said on the investor interaction platform that all parks in Shenzhen (Longhua, Guanlan, etc.) of the company cooperated with the covid-19 epidemic prevention work of the local government, and the operation will be suspended from now on, and the actual resumption time will be notified by the local government. Due to other backup plants, the company has carried out necessary production deployment to reduce the impact on the company’s operation. To ensure the health and safety of all employees in the park.

On the disk, as of today’s (14th) close, Foxconn Industrial Internet Co.Ltd(601138) shares fell 0.97% to close at 10.18 yuan / share, with a total market value of 202.23 billion yuan.

According to Foxconn Industrial Internet Co.Ltd(601138) official website, the company is the world’s leading communication network equipment, cloud service equipment, precision tools and industrial Siasun Robot&Automation Co.Ltd(300024) professional design and manufacturing service provider, providing customers with intelligent manufacturing services of new forms of electronic equipment products with industrial Internet platform as the core.

On March 13, Shenzhen issued a notice on three rounds of nucleic acid testing for all staff in Shenzhen. The notice requires that all enterprises work at home, except for public service enterprises such as water, electricity, fuel, gas, communication, sanitation, grain, oil, meat and vegetable supply and enterprises in Hong Kong, Suspend production and business activities except for supermarkets (including farmers’ markets), pharmacies, medical institutions and catering enterprises (which only provide express delivery service) that guarantee the basic needs of citizens, other business places and stores will be closed.

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