Recently, Haizheng Biomaterials ( The first-instance judgment has been delivered in the case involving the infringement of trade secrets by 688203.SH.

Haizheng Biomaterials and its wholly owned subsidiary, Hainoer Biomaterials Co., Ltd. (hereinafter referred to as… “Hainuoer”), was awarded 5 million yuan in damages, and the infringer along with the relevant persons held accountable were also prosecuted for criminal liability.

According to a previous announcement by Haizheng Shengcai, the case has… The six defendants are Puli Si Biotechnology Co., Ltd. (hereinafter referred to as “Puli Si”) and its employee, Zheng Moumou; Anhui Jinpuri New Materials Co., Ltd. (hereinafter referred to as “Jinpuri”) and its employee, Ke Moumou; and Zhangjiagang Walter Precision Machinery Co., Ltd. (hereinafter referred to as “Walter”) and its employee, Qian Moumou.

Under the leadership and assistance of Qian, Zheng and Ke, wearing Walter’s work uniforms, illegally entered Hainuoer’s resin production workshop through unauthorized channels. Within the workshop of Hainuoer Company, Zheng and Ke, along with others, conducted reconnaissance of certain production equipment, process flows, and operating parameters by means of observation and photography, and unlawfully obtained auxiliary agents belonging to Haizheng Shengcai and Hainuoer.

Public information indicates that Haizheng Shengcai primarily engages in the research, development, production, and sales of polylactic acid; Pliith is also a company in the polylactic acid industry, while Jinpuri is a subsidiary of Pliith.

Haizheng Shengcai and Pliith are not only “Peer institutions” all enjoy the backing of the Institute of Applied Chemistry, Chinese Academy of Sciences, in Changchun.

Haizheng Shengcai was established in In 2004, it was established through joint investment by Haizheng Group, Changchun Institute of Applied Chemistry Technology (a wholly owned subsidiary of the Changchun Institute of Applied Chemistry), Taizhou Guotou, Jiaojiang Jitou, Suzhou Weiqi, Bian Xinchao, Chen Zhiming, and Chen Xuesi.

Screenshot from the Haizheng Biomaterials official website.

According to the official website of Pliith, the company is affiliated with the Institute of Applied Chemistry, Chinese Academy of Sciences, Changchun. Based on “next-generation polylactic acid industrialization technology,” with polylactic acid production as the core, we have established a full‑chain industrial layout encompassing the research, development, production, and sales of “biomass–lactic acid–lactide–polylactic acid.”

Walter is a global provider of material-handling automation equipment, smart factory solutions, and advanced materials, founded in… In 2014, the legal representative, shareholder, and executive director were all Cai Xiaofeng. Previously, in an interview, Cai Xiaofeng had stated that Walter was a supplier to Haizheng Shengcai.

Hai Zheng Shengcai’s claims are that the defendant immediately cease all acts infringing upon the plaintiff’s trade secrets and jointly compensate the plaintiff for its economic losses. 30 million yuan.

According to the first-instance judgment issued by the People’s Court of Jiaojiang District, Taizhou City, Zhejiang Province, The defendant, Zheng Moumou, was convicted of the crime of infringing upon trade secrets and sentenced to three years and six months’ imprisonment, together with a fine. RMB 300,000; the defendant, Qian Moumou, was convicted of the same offense and sentenced to one year and six months’ imprisonment, together with a fine of RMB 150,000.

In terms of civil compensation, Puli Si is required to pay damages. RMB 4.85 million, with Mr. Qian compensating RMB 150,000, for a total of RMB 5 million. Meanwhile, Mr. Zheng, Mr. Qian, and Puli Si were ordered to immediately cease infringing the company’s trade secrets; this obligation shall remain in effect until the relevant trade secrets become publicly known. The court dismissed the remaining claims brought by Haizheng Shengcai.

Haizheng Shengcai stated that this ruling is a first-instance decision, and both the plaintiff and the defendant may file an appeal with the Intermediate People’s Court of Taizhou City, Zhejiang Province, within ten days from the day following receipt of the judgment. It remains uncertain whether this judgment constitutes a final ruling.

Source: Hongxing Capital Bureau, compiled from the Securities Times, public information, company announcements, and other sources.