众泰汽车知识产权合同纠纷案二审判决,需支付2950万及利息

Core Viewpoint - Recently, Zhongtai Automobile received a civil judgment from the Zhejiang Provincial High Court regarding a dispute with Shanghai Sizhihua over intellectual property contract issues, which may significantly impact the company's performance [1] Summary by Relevant Sections Legal Proceedings - Shanghai Sizhihua sued Zhongtai Automobile for payment of licensing fees and overdue interest due to a contract dispute, while Zhongtai countered by seeking to terminate the contract [1] - On April 30, 2025, the Jinhua Intermediate Court ruled to terminate the contract and dismissed Shanghai Sizhihua's claims [1] - Following an appeal by Shanghai Sizhihua, the Zhejiang High Court upheld the contract termination but ruled that Zhongtai must pay 29.5 million yuan and overdue interest within ten days, while dismissing other claims from Shanghai Sizhihua [1] Financial Impact - The final ruling is expected to have a substantial effect on Zhongtai Automobile's financial performance due to the ordered payment [1]