After being detained for 251 days by the Shenzhen Municipal Public Security Bureau, he was acquitted, and received 100,000 yuan in state compensation.

On Aug 23, Li was acquitted when the Shenzhen Longgang district people's procuratorate decided not to prosecute him due to unclear facts and insufficient evidence.

The two companies have acquitted themselves well in different sectors — CNBM is well known as a producer of cement, glass, lightweight building materials and glass fiber, while SINOMA possesses core technologies and complete innovation systems for non-metals.

From 2018 to 2022, wrong verdicts of 209 major criminal cases involving property rights had been corrected, and 290 business operators acquitted, according to the report.