CATL(SZ:300750) Xin Hua Wang·2025-08-12 05:40Core Viewpoint - The article emphasizes the transformation of Chinese companies from being "the world's factory" to becoming "innovation laboratories" that empower global markets through intellectual property (IP) protection and overseas expansion [1][2]. Group 1: Importance of Intellectual Property in Overseas Expansion - Intellectual property (IP) is essential for Chinese companies to gain access to overseas markets, with a focus on proactive IP layout before entering new markets [3][4]. - Companies like Great Wall Motors have strategically applied for nearly 3,000 overseas patents to mitigate infringement risks and establish competitive advantages [3]. - The rise of IP "going out" is crucial for maintaining brand value and avoiding issues like trademark squatting, which has previously affected companies like Hisense and Luckin Coffee [3][5]. Group 2: Progress and Trends in Intellectual Property "Going Out" - In the first half of the year, China saw a 12.7% increase in PCT international patent applications and a 23.2% increase in Hague design applications [6]. - Chinese brands are valued at approximately $1.76 trillion, ranking second globally, indicating a strong presence in the international market [6]. - The focus on green technologies has led to a significant increase in PCT applications, with 6,356 applications in 2024, 2.3 times that of 2020 [7]. Group 3: Mechanisms and Models for Intellectual Property Management - Companies like CATL are exploring technology licensing models, generating significant revenue through IP, with expectations for continued growth [8]. - The development of standard essential patents (SEPs) is a priority for companies like Huawei, which aims to influence global standards and protect innovations [9][10]. - The establishment of patent pools is being encouraged to facilitate cross-licensing and reduce transaction costs, enhancing compliance and risk management [10]. Group 4: Future Directions and Global Integration - As China's industrial structure shifts from labor-intensive to technology-intensive, the role of IP as a strategic resource becomes increasingly important [11]. - China has actively engaged in international IP agreements, enhancing its role as a key player in global IP governance, with over 200 active cooperation agreements [11]. - The total import and export value of IP usage fees in China increased from 319.44 billion yuan to 398.71 billion yuan from 2020 to 2024, reflecting a steady growth rate of 5.7% [11].