懵了！有内鬼？A股钛白粉龙头，起诉

Core Viewpoint - Longbai Group's subsidiary, Yunnan Xinli Titanium Industry Co., Ltd., has filed a lawsuit for the infringement of trade secrets, seeking compensation exceeding 1.31 billion yuan [1][9]. Legal Action - The lawsuit was filed against four defendants, including former key personnel from Yunnan Xinli, who allegedly used the company's trade secrets for their new employer, Hebei Yanshan Steel Group's affiliate [1][7]. - The trade secrets in question pertain to the construction process and production technology of a large-scale chlorinated titanium dioxide production line [2][7]. Claims and Compensation - Yunnan Xinli has made six specific legal requests, including an immediate cessation of the use and disclosure of the trade secrets, destruction of materials containing these secrets, and a total compensation claim of 1.3005 billion yuan, along with an additional 10 million yuan for legal expenses [9][11]. - The lawsuit is still pending, and no legal judgment has been made yet regarding its impact on the company's profits [9][11]. Company Performance - As of October 14, Longbai Group's stock price was 19.53 yuan per share, with a market capitalization of 46.6 billion yuan, reflecting a decline of 2.01% [1]. - For the first half of 2025, Longbai Group reported a revenue of 13.33 billion yuan, a decrease of 3.34% year-on-year, with titanium dioxide business revenue accounting for 64.99% of total revenue [11][12]. - The net profit attributable to shareholders decreased by 19.53% to 1.385 billion yuan, primarily due to falling titanium dioxide prices [11][12].