Core Viewpoint - The company and its subsidiary, Lianyungang Qiangbang Quartz Products Co., Ltd., have been involved in a legal case where Qiangbang was convicted of commercial secret infringement and fined 2.7 million RMB [1] Group 1 - The court ruling was issued by the Intermediate People's Court of Lianyungang City, Jiangsu Province [1] - The company is the victim in this case, while Qiangbang was penalized for criminal activities related to the company prior to its acquisition [1] - Following the ruling's effectiveness, the company plans to pursue civil liability against relevant parties based on the terms of the equity transfer agreement signed with Duan Jingqiang, Duan Jingbang, and Qiangbang [1]

Core Viewpoint - The court has ruled against Saipu Filtration for commercial secret infringement, resulting in fines and prison sentences for involved individuals, which may impact the parent company Dongfulong's reputation and financial performance [2][3][4]. Group 1: Legal Proceedings - Saipu Filtration was fined 1.3 million yuan for commercial secret infringement, and its chairman received a prison sentence of 2 years and 9 months, suspended for 3 years and 6 months, along with a fine of 600,000 yuan [2]. - The case took 2 years and 6 months to resolve, involving complex issues related to technical information used in the assembly process of ultrafiltration membranes [4]. - Saipu Filtration has acknowledged the court's ruling and has taken corrective measures to ensure compliance in the future [4]. Group 2: Company Background and Financials - Saipu Filtration became a subsidiary of Dongfulong in 2024, holding a 52% stake, and was previously at 25.6% [3]. - In the first half of 2025, Saipu Filtration reported revenues of 8.93 million yuan and a net loss of 17.78 million yuan, compared to zero revenue and net profit in the same period the previous year [3]. - Dongfulong's revenue for the first half of 2025 was 2.43 billion yuan, a year-on-year increase of 6.01%, while net profit attributable to shareholders decreased by 59.71% to 45.92 million yuan [5]. Group 3: Ongoing Legal Issues - There are additional ongoing lawsuits between Saipu Filtration and Hangzhou Kebaite regarding intellectual property disputes, including civil cases related to trade secret infringement and patent rights [5]. - Hangzhou Kebaite has previously filed a civil lawsuit against Saipu Filtration, which was withdrawn pending the outcome of the criminal case [4][5].

Core Viewpoint - The Shanghai Third Intermediate People's Court has issued a first-instance judgment in the case of Zunpai infringing on Huawei's trade secrets, resulting in prison sentences for 14 former employees of HiSilicon, with a total fine of 13.5 million yuan [1] Group 1 - A total of 14 former employees were sentenced, with 5 receiving actual prison time [1] - Defendant Zhang was sentenced to 6 years in prison and fined 3 million yuan for the crime of infringing on trade secrets [1] - The remaining 13 employees received prison terms ranging from 2 to 5 years, with fines varying from 200,000 to 1.5 million yuan [1]

Core Points - The Shanghai Third Intermediate People's Court has issued a first-instance judgment in the case of Zunpai infringing Huawei's trade secrets [1] - A total of 14 former employees of HiSilicon were sentenced, with 5 receiving actual prison time [1] - The total fines imposed amount to 13.5 million RMB [1] Summary by Categories Legal Outcome - Zhang, one of the defendants, was sentenced to 6 years in prison and fined 3 million RMB for the crime of infringing trade secrets [1] - The other 13 involved employees received prison sentences ranging from 2 to 5 years, with fines varying from 200,000 to 1.5 million RMB [1]