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Zhongchuang Xinhang was convicted of infringing the patent right of Ningde era: stop selling related products and pay compensation of 35.8 million yuan

2025-01-28 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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CTOnews.com February 21 news, CTOnews.com Innovation Airlines in the Hong Kong Stock Exchange notice that the company received the Fuzhou Intermediate people's Court on February 20, 2023 "civil judgment": should stop the effective date of the judgment on the sale of products infringing upon the patent rights of the Ningde era; should be within 15 days from the effective date of the judgment to compensate 35800000 yuan for economic losses of the Ningde era, pay invention patent temporary protection fee of 798000 yuan. The reasonable expenditure of 202693.12 yuan shall be paid to the Ningde era within 15 days from the effective date of this judgment; other litigation claims of the Ningde era shall be rejected.

▲ source: the official website of China Chuangchuangxin Airlines said that the court decision will not adversely affect the company's current and future production and operation.

According to the data, Sinovel is currently the core battery supplier of Guangzhou Automobile, Changan Automobile, Shanghai GM Wuling, Zero running Automobile and Xiaopeng Automobile, as well as international customers such as Smart, Guangben and Guangzhou Automobile.

According to statistics from South Korean research institute SNE Research, Sinovel ranked seventh in the world in power battery load in 2022 and third among domestic power battery companies, second only to leading Ningde Times and BYD.

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