Core Viewpoint - Jiangsu Pacific Quartz Co., Ltd. announced a criminal judgment regarding the infringement of trade secrets, with the court ruling against certain individuals and the subsidiary Lianyungang Qiangbang Quartz Products Co., Ltd. [1][2] Group 1: Criminal Judgment Details - The Jiangsu Lianyungang Intermediate People's Court sentenced defendant Wang to seven years in prison and a fine of 800,000 RMB for trade secret infringement [2] - Defendant Ji received a six-year prison sentence and a fine of 700,000 RMB, while the company was fined 2.7 million RMB [2] - Defendant Du was sentenced to two years in prison, with a three-year suspension, and a fine of 200,000 RMB [2] - The court ordered the confiscation of illegal gains amounting to 286,622.31 RMB from Wang, 361,882.28 RMB from Ji, and 2,651,865 RMB from the company [2] Group 2: Company Impact and Future Actions - The company stated that the criminal judgment is only a first-instance ruling and has not yet taken effect, indicating that the operational status of the company and its subsidiary remains normal [3] - The company plans to pursue civil liability against the relevant parties based on the equity transfer agreement after the judgment becomes effective [3] Group 3: Regulatory Actions - Jiangsu Securities Regulatory Bureau issued a warning letter to Jiangsu Pacific Quartz Co., Ltd. for failing to timely disclose related party transactions and inaccuracies in annual report disclosures [4] - The chairman and general manager, along with the financial director, were held primarily responsible for these violations [4]
石英股份收刑事判决书 2年前就曾涉信披违规收警示函