DKEM(SZ:300842) Hua Xia Shi Bao·2025-11-28 02:05Core Viewpoint - The recent legal disputes between Wuxi Dike Electronic Materials Co., Ltd. (Dike) and Zhejiang Guanda Electronic Technology Co., Ltd. (Guanda) have raised significant industry attention, particularly regarding intellectual property rights and the financial implications for Dike's subsidiary, Zhejiang Suote Material Technology Co., Ltd. (Suote) [2][3][4] Group 1: Legal Disputes - Guanda has filed a counterclaim against Suote, alleging "malicious initiation of intellectual property litigation" and is seeking 5 million yuan in damages along with a public apology [2][3] - The initial lawsuit was filed by Suote against Guanda for patent infringement, demanding 200 million yuan in compensation and cessation of the production and sale of infringing products [3][4] - Suote has also expanded its claims to include additional patent infringement related to another patent, indicating a proactive approach to protect its intellectual property [4] Group 2: Company Background and Financials - Dike's main products include crystalline silicon solar cell conductive pastes, which account for 74.86% of its revenue in the first half of the year [7] - Dike has faced significant financial pressure, with a reported revenue of 8.34 billion yuan in the first half of the year, a 9.93% increase year-on-year, but a 70.03% decline in net profit [7] - The company has recently acquired a 60% stake in Suote for 696 million yuan, aiming to control the photovoltaic silver paste business previously held by DuPont [5][6] Group 3: Industry Context - The photovoltaic silver paste industry is undergoing a structural adjustment, facing challenges such as increased competition and raw material price volatility, particularly with silver prices rising by nearly 65% this year [8] - The industry is shifting from "scale expansion" to "quality competition," with cost reduction and innovation becoming critical for survival [8]