The ATL patents involved in the lawsuit were all declared invalid, and Zhuhai Guanyu's performance growth was sluggish, and shareholders reduced their holdings significantly
DATE:  Feb 08 2025

K Figure 688772_0

Li Wei, reporter of Shenzhen Business Daily and Reading Client

On the evening of February 7, Zhuhai Guanyu (688772) issued an announcement on the progress of the company's litigation and the invalidation of the ATL patent involved in the lawsuit. The announcement mentioned that the current case is in the second instance stage, and the ATL patent involved in the lawsuit has been declared invalid by the State Intellectual Property Office. As the appellant of the second instance and the first defendant of the first instance, the amount involved in the lawsuit was 40.4 million yuan.

On July 8, 2022, the Company received the Civil Complaint and other relevant materials from the Intermediate People's Court of Fuzhou Municipality, Fujian Province (hereinafter referred to as the "Fuzhou Intermediate Court") regarding ATL's lawsuit against the Company. ATL alleges that the company's products are alleged to infringe its patent ZL201210405678.9.

On July 7, 2023, the Company received the Civil Judgment issued by the Fuzhou Intermediate People's Court on the aforementioned case. According to the judgment of the above-mentioned Civil Judgment, the Company shall immediately stop manufacturing and selling the products infringing the invention patent right of "a flexible packaging lithium-ion battery cell widening structure and manufacturing method thereof" (Patent No.ZL201210405678.9) from the effective date of the judgment, and the Company shall compensate ATL for economic losses and reasonable expenses incurred to stop the infringement within 10 days from the effective date of the judgment totaling RMB 40.15 million; The company bears 246,000 yuan of the case acceptance fee.

The company is dissatisfied with the first-instance judgment of the above-mentioned Fuzhou Intermediate People's Court and has appealed to the Supreme People's Court, and the case is currently in the second-instance stage. On February 7, 2025, the Company received the Decision on the Examination of the Request for Invalidation (No. 580366) from the State Intellectual Property Office, which declared all the patent rights involved in the above-mentioned ATL suing the Company for patent infringement dispute case No. ZL201210405678.9 invalidation of all the invention patents involved in the case.

As of the date of the announcement, the number of ATL patents that have been declared or invalidated has reached 13, in addition, there are 12 cases in which ATL voluntarily withdrew the lawsuit, and 1 case in which the court rejected the ATL lawsuit. The company emphasizes that the products it develops and produces have completely independent intellectual property rights, and the progress of this litigation will not have a negative impact on the company's daily operations and future profits and losses.

Zhuhai Guanyu emphasized that the products developed and produced by the company have completely independent intellectual property rights. The progress of this litigation will not have a negative impact on the company's daily operations, nor will it have a negative impact on the company's current and future profit and loss.

According to the latest financial report information, Zhuhai Guanyu's revenue in the first three quarters of 2024 will be about 8.517 billion yuan, a year-on-year decrease of 0.27%; net profit attributable to shareholders of listed companies was about 268 million yuan, a year-on-year decrease of 7.47%.

On February 7, 2025, Zhuhai Guanyu received the "Notification Letter on the Change of Equity Touching 1%" issued by Zhejiang Bank Huijia and its concerted actor Huijia Equity. From January 10, 2025 to February 6, 2025, the above-mentioned shareholders reduced their holdings of 2,584,881 shares of the Company through centralized auction transactions.

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