Looking at the paper (for literally 30 seconds) I found a result stating that public-key encryption (in their model where secret keys are quantum and pubkeys/ciphertexts are classical) implies their one-way puzzles. That's good, because it implies that one-way puzzles are a necessary building block for public-key encryption. But it doesn't mean that one-way puzzles are sufficient to build public-key encryption. I was hoping to see the opposite implication, that one-way puzzles imply public-key encryption, but I didn't see that.
Maybe that's elsewhere in the paper, and isn't yielding to my sophisticated "search for one word" analysis.
ETA: I know as much quantum information theory as I do paragliding, so please chime in with knowledgeable thoughts here!