CNANO(SH:688116) Mei Ri Jing Ji Xin Wen·2025-06-25 05:36Core Viewpoint - Tianai Technology (SH688116) faces a trademark dispute with Shandong Dazhan Nano Materials Co., Ltd., as the National Intellectual Property Administration declared Tianai's trademark "Cnano and logo" invalid, although the ruling is not yet effective [1][2][4]. Group 1: Trademark Dispute - The trademark dispute has a long history, with Tianai previously winning a lawsuit against Dazhan for trademark infringement and unfair competition, resulting in Dazhan being ordered to cease its infringing activities and pay Tianai 150,000 yuan in damages [5][6]. - Tianai has organized a professional team to analyze the ruling and is preparing to appeal to the Beijing Intellectual Property Court, indicating that the litigation process may take a considerable amount of time [2][4]. Group 2: Market Position - Tianai Technology holds a leading market share in carbon nanotube conductive paste, with market shares of 40.3%, 46.7%, and 53.2% projected for 2022, 2023, and 2024 respectively [2]. - The core competitiveness of Tianai is believed to be based on multiple factors beyond the disputed trademark, suggesting that the trademark's invalidation may not significantly impact its business operations [4]. Group 3: Company Background - Dazhan Nano, established in May 2011, focuses on the research, production, and application development of carbon nanomaterials, overlapping with Tianai's business [2]. - Tianai registered the "Cnano" trademark in classes 1 and 35, establishing a strong association with its brand over time, which has gained significant recognition in the industry [6].