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][4]. Legal Action - The lawsuit involves four defendants, including former key leaders and technical personnel from Yunnan Xinli, who later joined a related company of Hebei Yanshan Steel Group [4][13]. - The trade secrets in question pertain to the construction process and production technology of a large-scale chlorinated titanium dioxide production line, which Yunnan Xinli has implemented with strict confidentiality measures [8][13]. - Yunnan Xinli has previously filed a criminal complaint against the defendants for the alleged infringement, leading to an ongoing criminal investigation [13][14]. Claims and Compensation - Yunnan Xinli has made six specific legal requests, including an injunction against the defendants from disclosing or using the trade secrets, the destruction of materials containing the trade secrets, and a total compensation claim of 1.3005 billion yuan for economic losses, along with an additional 10 million yuan for reasonable legal expenses [15]. 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% [4]. - In the first half of 2025, Longbai Group reported a revenue of 13.331 billion yuan, a decrease of 3.34% year-on-year, with titanium dioxide business revenue accounting for 64.99% of total revenue [16][19]. - The net profit attributable to shareholders decreased by 19.53% to 1.385 billion yuan, primarily due to falling titanium dioxide prices [19].