Cambricon(SH:688256) Mei Ri Jing Ji Xin Wen·2025-10-31 15:56Core Viewpoint - The lawsuit filed by former CTO Liang Jun against Cambricon Technologies (688256.SH) claims a labor relationship from October 18, 2017, to February 10, 2022, and seeks compensation for stock incentive losses amounting to 4.287 billion yuan [1][5][6]. Group 1: Lawsuit Details - The Beijing Haidian District People's Court has accepted the case, and the company has received the lawsuit documents, but the court has not yet scheduled a hearing [1][4]. - Liang Jun's claims include confirmation of a labor relationship and compensation for stock incentive losses, which are based on his indirect holding of 11,523,184 shares of Cambricon, calculated at a maximum stock price of 372 yuan [5][6]. - The company has engaged a legal team to analyze and respond to Liang Jun's claims, asserting that the lawsuit will not impact current profits and that the future impact will depend on the court's final ruling [1][6]. Group 2: Background Information - Liang Jun joined Cambricon in 2017 from Huawei, serving as Vice President and CTO, where he played a significant role in AI chip technology and product development [2]. - Following his departure in March 2022 due to disagreements, the company noted that his exit would have some impact on research and development management [1][2]. - The company has initiated legal action against Liang Jun regarding the repurchase of shares as per the stockholding plan he signed, which is currently awaiting a court decision [1][6].