Core Viewpoint - The ongoing legal battle between Tianqi Materials and Yongtai Technology revolves around allegations of trade secret infringement and defamation, with both companies filing lawsuits against each other, leading to a total claim amount of 944 million yuan [1][4]. Group 1: Legal Actions - Tianqi Materials has filed a civil lawsuit against Yongtai Technology and 12 related parties for trade secret infringement, with the Jiangxi Provincial High People's Court accepting the case [1][2]. - Yongtai Technology has countered by suing Tianqi Materials for defamation, seeking compensation of 57.5193 million yuan, with the courts also accepting this case [1][4]. Group 2: Allegations and Claims - Tianqi Materials accuses Yongtai Technology of illegally obtaining its lithium hexafluorophosphate production technology through a former employee, who allegedly violated confidentiality agreements [2][3]. - Yongtai Technology claims that its production processes and technologies are independently developed and that Tianqi Materials is engaging in malicious litigation to undermine its reputation and market position [5][6]. Group 3: Industry Context - Both companies operate in the competitive electrolyte materials sector, producing lithium hexafluorophosphate, which is critical for battery production [4][5]. - The legal disputes are occurring against a backdrop of intense competition in the new energy automotive market, which has seen significant fluctuations [5][6].

Core Viewpoint - The ongoing legal disputes between Yongtai Technology and Guangzhou Tinci involve allegations of defamation and infringement of trade secrets, highlighting the intense competition in the electrolyte materials sector driven by the volatile new energy vehicle market [1][2][3] Group 1: Legal Actions - Yongtai Technology and its subsidiary have filed civil lawsuits against Guangzhou Tinci for defamation, claiming damages amounting to 57.5193 million yuan [1] - Guangzhou Tinci has countered by filing a lawsuit against Yongtai, demanding the destruction of production line equipment and compensation of 887.1 million yuan, alleging that Yongtai used its trade secrets [2] Group 2: Market Context - Both companies operate in the electrolyte materials market, producing lithium hexafluorophosphate, and are in direct competition due to similar business scopes [1] - The electrolyte materials sector has seen increased competition due to significant fluctuations in the new energy vehicle market in recent years [1] Group 3: Company Positioning - Yongtai Technology emphasizes its commitment to independent innovation and adherence to intellectual property laws, asserting that all its production processes and core technologies are self-developed [3] - The company expresses its intention to take all necessary legal actions to protect its reputation against false information and malicious defamation [3]