Core Viewpoint - Haicheng Energy issued a formal statement addressing five major controversies, including allegations of "trade secret infringement," the bankruptcy of its largest U.S. customer, and a lawsuit for unfair competition [1] Group 1: Trade Secret Infringement - The company denied the allegations of trade secret infringement related to Mr. Feng, stating that the "composite electrolyte technology" in question is publicly known and does not constitute a trade secret [6][7] - The controversy involves a patent transfer from Shenzhen Haihong New Energy Technology Co., which transferred multiple "electrolyte" related patents to Haicheng Energy in 2022 [6][7] - The company asserted that it has not used the "composite electrolyte technology" in any of its products, and the ongoing investigation will not adversely affect its operations [7] Group 2: Lawsuit for Unfair Competition - Haicheng Energy is currently facing a lawsuit from CATL for unfair competition, with the case filed in the Ningde Intermediate People's Court, set to be heard on August 12 [8] - The company emphasized that there has been no legal ruling confirming any unfair competition on its part, and the claims made by the plaintiff do not represent judicial recognition of the facts [7] Group 3: Customer Bankruptcy and Order Impact - The company addressed rumors regarding the bankruptcy of its largest U.S. customer, Powin, and the alleged evaporation of a 1.5 billion yuan order, clarifying that it has no unresolved debts with Powin [10][11] - The bankruptcy filing of Powin does not pose a negative impact on the company's operations [12] Group 4: Product Development and Competition - Haicheng Energy refuted claims that its 587Ah battery cell is highly similar to a competitor's product, asserting that its product is independently developed based on specific requirements [13] - The company highlighted that its 587Ah battery cell was first released in 2023, distinguishing it from competitors [13]

Core Viewpoint - The article discusses the recent controversies surrounding Haitian Energy Technology Co., Ltd., including allegations of "trade secret infringement," the bankruptcy of its major U.S. client, and lawsuits regarding unfair competition [2][5]. Group 1: Trade Secret Infringement - Haitian Energy denies the allegations of trade secret infringement related to the "composite electrolyte technology," asserting that it is publicly known and does not constitute a trade secret [7][8]. - The controversy involves Feng Dengkai, who has been taken into custody by police for allegedly infringing on trade secrets, with the complainant being CATL [5][8]. - The company claims it has not used the disputed technology in any of its products, and the ongoing investigation will not adversely affect its operations [8][9]. Group 2: Bankruptcy of Major Client - The company refutes rumors regarding the bankruptcy of its largest U.S. client, Powin, stating that it is not listed among Powin's creditors and that the bankruptcy will not impact its operations [10][11]. - The company emphasizes that its collaboration with Powin has not yet reached a scale of delivery, thus mitigating potential risks from the client's financial issues [10][11]. Group 3: Unfair Competition Lawsuit - Haitian Energy is currently facing a lawsuit for unfair competition initiated by CATL, with the case filed in the Ningde Intermediate People's Court [9]. - The company asserts that there are no legal documents confirming its involvement in unfair competition, and the claims made by the plaintiff do not reflect judicial recognition of the facts [8][9]. Group 4: Product Development and Market Position - The company defends its 587Ah battery cell, claiming it is a fully self-developed product and not similar to competitors' offerings, despite claims of high similarity [11]. - Haitian Energy's market position is notable, with a valuation exceeding 25 billion yuan, ranking third in the global energy storage market [5].

Core Viewpoint - The company, Haicheng Energy Storage Technology Co., Ltd., has issued a statement addressing various rumors and misinformation circulating online, asserting that these claims are false and defending its business practices and reputation [1][2][3]. Group 1: Commercial Secret Infringement - The company refutes claims regarding a "commercial secret infringement" related to the "composite electrolyte technology," stating that a third-party assessment confirmed the technology is publicly known and does not constitute a trade secret [3][4]. - The company has not utilized this technology in any of its products, and the ongoing investigation will not adversely affect its operations [3]. Group 2: Personal Information Misrepresentation - The company clarifies misinformation regarding the age of the chairman's spouse, asserting that the claim of her being born in 1964 is false; her actual birth year is 1991 [4]. Group 3: Customer Bankruptcy and Order Impact - The company addresses rumors about its largest U.S. customer, Powin, filing for bankruptcy and the alleged loss of a $1.5 billion order, stating that their collaboration has not reached a scale of delivery and there are no outstanding debts between the two parties [5][6]. - The bankruptcy filing does not list the company as a creditor, indicating no negative impact on its operations [5]. Group 4: Product Development Claims - The company disputes claims that its 587Ah battery cell is similar to a competitor's product, emphasizing that its 587Ah cell is based on its own 2023 innovation and is designed for specific two-hour scenarios [6]. Group 5: Unfair Competition Lawsuit - The company responds to allegations of unfair competition, stating that no legal documents have confirmed any wrongdoing on its part, and the claims are merely the plaintiff's perspective [7]. - The company intends to defend its rights through legal channels and condemns the malicious spread of false information [7][9].

Core Viewpoint - The article discusses the recent legal ruling against Zunpai Communications for infringing on Huawei's trade secrets, highlighting the implications for the semiconductor industry and investment landscape in China [2][4]. Group 1: Legal Case and Implications - The Shanghai Third Intermediate People's Court sentenced 14 former employees of Huawei, including the founder of Zunpai, Zhang Kun, for trade secret infringement, with Zhang receiving a 6-year prison sentence and a fine of 3 million yuan [2][4]. - The court found that the defendants illegally obtained Huawei's Wi-Fi 6 chip technology, with 40 key points of the infringing technology being highly similar to Huawei's trade secrets, constituting substantial plagiarism [4]. - Huawei reported that the technology leak resulted in over 100 million yuan in R&D costs and market revenue losses [4]. Group 2: Company Background and Funding - Zunpai Communications, established in March 2021, focuses on manufacturing computer, communication, and other electronic devices, with a registered capital of approximately 3.3 million yuan [5][6]. - The company specializes in Wi-Fi 6 router chips and smart scene chipsets, having completed a Pre-A round financing of several hundred million yuan by May 2022, with significant investments from major firms including Xiaomi and Hillhouse Capital [5][6]. - Prior to the legal issues, Zunpai was considered a promising startup in the capital market, having raised nearly 100 million yuan in its angel round just two months after its establishment [4].

Core Viewpoint - The article discusses the legal consequences faced by former Huawei employees for stealing trade secrets and the implications for the chip industry, particularly focusing on the case involving Zunpai Technology and its rapid rise in the market [1][2]. Group 1: Legal Case and Consequences - On July 28, the Shanghai Third Intermediate People's Court sentenced 14 former Huawei employees for infringing on Huawei's trade secrets, with the principal offender receiving a 6-year prison term and a total fine of 135 million yuan [1]. - The investigation revealed that in February 2021, former Huawei executives established a tech company to lure former colleagues with high salaries and equity, leading to the illegal acquisition of Huawei's chip technology [1]. - The infringement involved 40 technical points that were over 90% identical to Huawei's trade secrets, indicating substantial similarity [1]. Group 2: Zunpai Technology's Background and Funding - Zunpai Technology, founded by Zhang Kun, a former Huawei employee, aimed to develop "domestic Wi-Fi 6/7 chips" and quickly attracted many former Huawei staff [1][2]. - Within a year of its establishment, Zunpai Technology raised over 300 million yuan in funding, including a significant Pre-A round led by notable investors such as Xiaomi Group and various venture capital firms [2]. - Xiaomi clarified its involvement, stating it participated in Zunpai's financing as a normal financial investment and does not engage in the company's management or operations [2][3].

Core Viewpoint - The Shanghai Third Intermediate People's Court has sentenced 14 former employees of a company for infringing Huawei's trade secrets, with significant prison terms and fines imposed on key individuals involved in the case [1][3]. Group 1: Legal Proceedings - On July 28, the court ruled that Zhang was sentenced to 6 years in prison and fined 3 million RMB for trade secret infringement [1] - Zhou received a 5-year prison sentence and a fine of 1.2 million RMB, while Liu was sentenced to 4 years and 6 months with a fine of 1.5 million RMB [1][5] - The total fines imposed on the defendants amounted to 13.5 million RMB [1] Group 2: Background of the Case - The case involved a group of former executives from a rights company who, after leaving, established a new tech company and lured former employees to join them, using high salaries and equity incentives [3] - The group illegally obtained trade secret information related to chip technology by instructing former employees to copy and screenshot sensitive data before their departure [3] - An evaluation revealed that the infringing chip technology had over 90% similarity to the original company's trade secrets, indicating substantial similarity [3] Group 3: Company Involvement - The company involved in the infringement case is identified as Zunpai Communications Technology (Nanjing) Co., Ltd., which has received investments from companies like Changqu Technology and Xiaomi Group [4]

Core Viewpoint - The recent legal issues surrounding Feng Dengke, a senior executive at Haicheng Energy, have raised concerns about potential impacts on the company's operations and its IPO process, particularly as the case involves allegations of trade secret infringement initiated by CATL, a major player in the energy storage industry [1][3][4]. Group 1: Incident Overview - Feng Dengke has been taken into custody by the police due to allegations of commercial secret infringement, with CATL being the complainant [1]. - Haicheng Energy confirmed the investigation into Feng Dengke, stating that the case is still under investigation [2]. - The case is reportedly linked to patent infringement, particularly concerning the transfer of multiple "collective fluid" related patents from Shenzhen Haihong New Energy Technology Co., Ltd. to Haicheng Energy [2]. Group 2: Background and Implications - Feng Dengke's career trajectory includes a stint at CATL before moving to a supplier, Jinmei New Materials, which was involved in a project for CATL, and later joining Haicheng Energy [3]. - The timing of the legal issues coincides with Haicheng Energy's efforts to pursue an IPO, raising questions about the potential impact on the company's business operations and IPO timeline [3][4]. - Haicheng Energy has stated that Feng Dengke is not part of its executive team and that the alleged infringement does not affect the company's production or operations significantly [4]. Group 3: Competitive Landscape - The competitive environment in the energy storage sector has intensified, with CATL increasingly vigilant about patent infringements and unfair competition, having previously filed lawsuits against several competitors [4]. - The relationship between CATL and Haicheng Energy is strained, with historical legal disputes involving key executives from Haicheng Energy who previously worked at CATL [4].

Core Viewpoint - The recent legal issues surrounding Feng Dengke, a senior executive at Haichen Energy Storage, have raised concerns about potential impacts on the company's operations and its IPO process, especially given the involvement of industry giant CATL as the complainant [3][6]. Group 1: Incident Overview - Feng Dengke has been taken into custody by the police for allegedly infringing on commercial secrets, with CATL being the complainant [3]. - The case is reportedly related to patent infringement, specifically concerning the transfer of multiple "collective fluid" related patents from Shenzhen Haihong New Energy Technology Co., Ltd. to Haichen Energy Storage [4]. - Following the patent transfer, Shenzhen Haihong was dissolved in 2023, which raised suspicions from CATL [5]. Group 2: Company and Executive Background - Feng Dengke previously worked at CATL before joining a supplier, Jinmei New Materials, which was involved in a project for CATL [5]. - He later became the general manager of Haichen Green Energy, a subsidiary of Haichen Energy Storage, and has held various positions within the company [6]. - Haichen Energy Storage has stated that Feng Dengke is not part of its executive team and that his current role is unrelated to technology development [6]. Group 3: Industry Context - The competitive landscape in the energy storage sector has intensified, prompting CATL to increase its focus on patent infringement and unfair competition cases, having previously sued several competitors [7]. - The ongoing legal disputes between CATL and Haichen Energy Storage, including a lawsuit set for trial on August 12, highlight the tensions within the industry [7].

Core Viewpoint - The recent legal actions involving Feng Dengke, a senior executive at Haicheng Energy, have raised concerns in the energy storage industry, particularly regarding allegations of trade secret infringement initiated by CATL, a leading player in the sector [2][4]. Group 1: Legal Issues - Feng Dengke has been taken into custody by the police for allegedly infringing on trade secrets, with CATL being the complainant [2]. - The case is reportedly linked to patent infringement, specifically concerning the transfer of multiple "collective fluid" related patents from Shenzhen Haihong New Energy Technology Co., Ltd. to Haicheng Energy [3]. - Following the patent transfer, Haihong New Energy was dissolved in 2023, which raised suspicions from CATL regarding the legitimacy of the transaction [4]. Group 2: Company Background - Feng Dengke previously worked at CATL before joining Jinmei New Materials, a supplier for CATL, and later moved to Haicheng Energy [4]. - His recent roles included positions such as President of Haicheng Green Energy, a subsidiary of Haicheng Energy, and he has been involved in business development rather than technical research [4][5]. - The timing of the legal issues coincides with Haicheng Energy's efforts to pursue an IPO, leading to speculation about potential impacts on the company's operations and IPO progress [4]. Group 3: Industry Context - CATL has been increasingly vigilant regarding patent infringement and unfair competition, having previously filed lawsuits against several competitors in the energy storage sector [5]. - The ongoing legal disputes between CATL and Haicheng Energy, including a lawsuit filed by CATL against Haicheng Energy for unfair competition, highlight the competitive tensions within the industry [5].

Core Points - The Shanghai Third Intermediate People's Court ruled on a case involving the infringement of Huawei's trade secrets, resulting in prison sentences for 14 former employees of the company, with a total fine of 13.5 million yuan [2] - Zhang, one of the defendants, received a 6-year prison sentence and a fine of 3 million yuan, while the other 13 defendants received sentences ranging from 1 to 5 years and fines between 200,000 to 1.5 million yuan [4] - The case involved the illegal acquisition of trade secrets related to chip technology, with 40 technical points showing over 90% similarity to Huawei's confidential information [5] Company Background - Zunpai Communications, established for only one year, has completed over 300 million yuan in financing, indicating strong investor interest [2][3] - The company raised several rounds of funding, including a Pre-A round led by notable investors such as Xiaomi Group and various venture capital firms, aimed at research and development, market expansion, and operational costs [3] Legal Proceedings - The court's decision included asset preservation measures, allowing Huawei to freeze 95 million yuan in bank deposits from Zunpai Communications and its subsidiaries [2] - The investigation revealed that former executives of the rights company lured employees to join their new venture, leading to the illegal appropriation of proprietary technology [5]