5, Quartz issued an announcement and its holding subsidiary Lianyungang Qiangbang Quartz Products Co., Ltd. (Hereinafter referred to as "Qiangbang Company") received the criminal judgment of Lianyungang Intermediate People's Court of Jiangsu Province ( (2024) Su 07 Xing Chu No.39). Qiangbang Company was sentenced to a fine of 2.7 million yuan for the crime of infringing trade secrets.
Among them, the defendant Wang Moumou was convicted of infringing trade secrets and sentenced to seven years'imprisonment with a fine of 800000 yuan.
The defendant , Ji Mou , was convicted of infringing trade secrets and sentenced to six years'imprisonment with a fine of 700000 yuan.
The defendant , Lianyungang Qiangbang Quartz Products Co., Ltd. , was convicted of infringing trade secrets and sentenced to a fine of 2.7 million yuan.
The defendant , Duan Mou , was convicted of infringing trade secrets and sentenced to two years'imprisonment with a three-year suspension of execution and a fine of 200000 yuan.
In addition, the 286622 of the illegal income of the defendant Wang Moumou is RMB. 31 yuan, the 361882 of the illegal income of the defendant Ji Moumou is RMB. 82 yuan, and the 2651865 of the illegal income of the defendant unit Lianyungang Qiangbang Quartz Products Co., Ltd. is RMB. In January
2022, according to the company's development strategy and future planning, in order to further expand the company's production scale of high-purity quartz sand, meet the downstream demand for high-purity quartz sand, and enhance the company's competitive advantage in the production of high-purity quartz sand, it is proposed that the company should pay a price of 51 million yuan. Transferee Duan Jingqiang and Duan Jingbang hold 51% of the shares of Qiangbang Company, which has since become a holding subsidiary of quartz shares.
Quartz shares said that in this case, quartz shares were the victim units , and Qiangbang Company was criminally punished for the relevant criminal facts before the acquisition of quartz shares. After the judgment comes into effect, quartz shares will pursue the civil liability of the relevant parties.
It is noteworthy that the case is still in the appeal period of the first instance, and the final judgment is still uncertain.
According to the three quarterly data, quartz shares realized revenue of 753 million yuan, down 24.46% year-on-year; net profit of 135 million yuan, down 56.81% year-on-year. In addition, by the end of June 2025, the company's production capacity has completed the layout of 100000 tons per year.
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