WBTL(SH:603596) Shen Zhen Shang Bao·2025-12-24 15:45Group 1 - Bertli is planning to issue overseas shares (H-shares) and list on the Hong Kong Stock Exchange to enhance its international strategy, improve overseas capacity, and expand financing channels for high-quality development [1] - The company is in discussions with intermediaries regarding the specifics of the H-share listing, which will not change the controlling shareholder or actual controller [1] - Bertli's main business includes the research, manufacturing, and sales of automotive chassis systems and intelligent driving systems, with clients such as Chery, General Motors, Volkswagen, BYD, Li Auto, and NIO [1] Group 2 - For the first three quarters of 2025, Bertli achieved revenue of 8.357 billion yuan, a year-on-year increase of 27.05%, and a net profit attributable to shareholders of 892 million yuan, up 14.58% [2] - The company has filed a lawsuit against former executives for allegedly infringing on intellectual property rights and misappropriating trade secrets, seeking compensation of 2.5 million yuan [2][3] - The lawsuit claims that the former executives utilized proprietary technology during their employment to file patents after leaving the company, resulting in significant economic losses for Bertli [3] Group 3 - The former executives established companies that have reportedly raised over 400 million yuan in funding, leveraging the patents they allegedly misappropriated from Bertli [3] - The company has emphasized that the ongoing litigation is not affecting its normal operations [3] - The competing company, Suzhou Coordinate Intelligent Technology, has publicly stated its commitment to advancing EMB technology and has completed four rounds of financing totaling nearly 400 million yuan [4][5]