Former employee of Saituo Biotech arrested for suspected trade secret theft; company seeks 320 million yuan in damages

Regulation
โดย Jiemian·CN·Read original
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Shandong Saituo Biotechnology Co., Ltd. announced that criminal proceedings have advanced in the case of a former employee, Qi, suspected of stealing trade secrets. Qi was detained by the Dingtao branch of the Heze Municipal Public Security Bureau on August 18, 2026, and was approved for arrest by the procuratorate on August 31. Qi previously served as a workshop director at the company. After leaving, he joined a company in Shenyang as its main person in charge and is suspected of using the stolen technology in that company's production. The company has already filed a civil lawsuit with the Shandong Provincial High People's Court against Shenyang Botai Biopharmaceutical Co., Ltd. and related individuals, seeking damages of 320 million yuan. The criminal case and the civil lawsuit stem from the same chain of infringement. The company stated that the case is still under investigation, so it cannot yet assess the impact on its profits and losses, but it does not expect a material adverse effect on normal production and operations.

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Shandong Sito Bio-technology Co Ltd
300583
▲ PositiveRegulationrelevance

Company's trade-secret theft case advances with former employee arrested and a 320 million yuan civil suit filed, protecting its proprietary technology.

Off-coverage companies 1

沈阳博泰生物制药有限公司Private▼ Negative
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Shenyang Botai is the defendant in the 320 million yuan civil lawsuit and its main person in charge is suspected of using stolen technology in production.

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