Netac Technology Co., Ltd.

Netac Technology Co., Ltd. (SZSE: 300042) is a Shenzhen-based Chinese technology company founded in 1999, widely recognized as the inventor of the USB flash drive and the first listed flash storage supplier in China following its ChiNext board IPO in January 2010. The company engages in the research, development, manufacturing, and sale of a comprehensive range of storage products, including solid-state drives (SSDs), DRAM memory modules, embedded storage, mobile storage, USB flash drives, and memory cards, serving both domestic and international markets. Beyond core storage solutions, Netac has expanded its portfolio to include consumer electronics such as wearable devices (smart audio glasses, Bluetooth headsets), computer peripherals (HDD enclosures, hubs), and OEM storage solutions, with applications spanning mobile phones, tablets, computers, dashcams, cameras, drones, and automotive electronics. Led by CEO Baolin Zhang and employing approximately 427 staff, the company operates with a market capitalization of approximately CNY 12.5 billion and continues to leverage its extensive patent portfolio and independent innovation capabilities to strengthen its position in the global storage industry.