TREE NEWS update: Cambricon disclosed that former vice general manager Liang Jun, who left the company in early 2022, has expanded his equity-incentive lawsuit against it to 27.832 billion yuan, up from an earlier claim of 4.287 billion yuan. The case has been filed but not yet heard, and the company said it will actively defend its legal rights.
Cambricon Says Ex-Vice GM Liang Jun Widens Equity Incentive Claim to 27.83B Yuan
The jump from 4.287 billion to 27.832 billion yuan turns a former executive's grievance into a claim large enough to matter against Cambricon's own balance sheet, which is why the disclosure carries weight beyond a routine legal update. Because the case has been filed but not yet heard, nothing is proven and no liability is established — the figure is a demand, not a loss. The open question is how the company characterizes the likelihood and magnitude of any payout in future disclosures, and whether the expanded claim signals a broader dispute over how equity incentives were honored after Liang's 2022 departure.
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