Core Viewpoint - The company has received a court ruling allowing the withdrawal of a lawsuit against it, which is not expected to negatively impact its operations or financial status. A new lawsuit has been filed by another entity regarding similar patent infringement claims, but the company believes this will have a minimal effect on its business [2][3][4][7]. Group 1: Lawsuit Withdrawal - The original plaintiff, Yuan Yuzhi Technology (Shenzhen) Co., Ltd., has withdrawn its lawsuit, which was related to patent infringement claims against the company [2][4]. - The court has approved the withdrawal, and the company asserts that this will not affect its current or future profits [4][6]. Group 2: New Lawsuit Details - A new lawsuit has been filed by Emter Storage Technology (Shenzhen) Co., Ltd. regarding similar patent infringement claims, with the same subject matter as the previous case [6][7]. - The total amount involved in the previous lawsuits was approximately RMB 1,216,850, which includes legal fees and litigation costs [3]. Group 3: Company’s Position and Impact Assessment - The company maintains that it adheres to the FRAND principles and has not committed any infringement, which is expected to mitigate the impact of the new lawsuit [7][8]. - The company has a strong patent portfolio with 393 patents, including 171 invention patents, which supports its technological leadership [7]. - The company believes that the new lawsuit will not have a significant adverse effect on its production, operations, or financial condition, as the involved patents are nearing the end of their protection period [8][9].

Core Viewpoint - Nokia has initiated a patent infringement lawsuit against Geely Group's brands, including Zeekr, Lynk & Co, Lotus, and Smart, concerning essential patents in the cellular communication field, which may impact Geely's expansion plans in Europe and sales volume [2][3] Group 1: Nokia's Financial Performance - Nokia reported a 2% year-on-year revenue increase in Q2, reaching €4.55 billion, while adjusted operating profit fell to €301 million, a 29% decrease from €423 million in the same period last year [2] - The company is facing challenges due to the trade war initiated by the Trump administration, which has disrupted supply chains and affected market conditions across various industries [2] Group 2: Geely's Sales Performance - Geely achieved total revenue of ¥150.285 billion in the first half of the year, representing a 27% year-on-year growth, while net profit attributable to shareholders decreased by 14% to approximately ¥9.29 billion [2] - Zeekr's July sales reached 16,977 units, a slight increase of 8% year-on-year, with cumulative sales from January to July totaling 107,717 units, reflecting a 4% growth [3] - Lynk & Co's July sales were 27,216 units, marking a 28% year-on-year increase, with cumulative sales for the first seven months at 181,353 units, a 23% growth [3] Group 3: Impact of Lawsuit on Geely - The lawsuit may affect Geely's plans for market expansion in Europe and could impact sales volume exceeding 400,000 units [3] - The lawsuit is perceived as a strategy by Nokia to compel Geely to negotiate licensing fees for the use of 4G/5G technology [3]

Core Viewpoint - The acceleration of intellectual property (IP) "going global" is a significant trend for Chinese enterprises, reflecting their transition from being a "world factory" to an "innovation laboratory" on the global stage [5][10]. Group 1: Growth in International Patent Applications - The number of PCT international patent applications submitted by domestic applicants increased by 12.7% year-on-year, while Hague system design applications rose by 23.2% [9]. - As of September 2024, China ranks first globally in both PCT international patent applications and Hague system design applications [3][5]. - The volume of PCT international patent applications related to green low-carbon technologies reached 6,356, which is 2.3 times that of 2020, maintaining a global leading position for four consecutive years [11]. Group 2: Importance of IP for Market Expansion - IP "going global" is essential for gaining access to overseas markets, with many Chinese companies prioritizing IP layout 18-24 months before entering foreign markets [6][10]. - The protection of brand value through IP is crucial, as many Chinese companies have faced challenges such as trademark squatting abroad [6][8]. - High-tech enterprises are increasingly recognizing the competitive advantage that comes from proactive IP strategies, with patent certification enhancing product premium capabilities [6][10]. Group 3: Trends in IP Management and Strategy - The trend of IP "going global" is primarily led by technology-intensive enterprises, which invest heavily in R&D and have a broader overseas IP layout [10]. - Chinese companies have improved their ability to handle IP disputes, with a reported win rate of over 70% in overseas IP litigation since 2024 [10]. - The exploration of technology licensing models is becoming a preferred strategy for companies like CATL, allowing them to generate revenue through licensing fees while minimizing risks associated with product exports [12][14]. Group 4: Development of Standard Essential Patents - Chinese enterprises are focusing on the development of standard essential patents (SEPs), with companies like Huawei leading in various key standard patent areas [13]. - The establishment of patent pools is being encouraged to facilitate cross-licensing and reduce transaction costs, promoting the industrial application of patented technologies [14]. Group 5: International Cooperation and Future Outlook - China has established stable cooperative relationships with over 80 countries and regions, with more than 200 active IP cooperation agreements [15]. - The annual import and export total of IP usage fees in China increased from 319.44 billion yuan to 398.71 billion yuan from 2020 to 2024, reflecting a compound annual growth rate of 5.7% [15]. - The ongoing transformation of China's industrial structure from labor-intensive to technology-intensive is expected to enhance its role in global innovation and development [16].

Core Viewpoint - The storage leader Jiangbolong's wholly-owned subsidiary, Yuan Yuzhi Technology, has filed a lawsuit against another listed storage company, Baiwei Storage, over two necessary patent disputes related to eMMC standards, with both parties claiming to fulfill their obligations as patent holders but disagreeing on the negotiation process [1][4]. Group 1: Patent Dispute Details - Yuan Yuzhi Technology claims that the involved patents are necessary for the eMMC standard set by the JEDEC Association, and Baiwei Storage has allegedly infringed these patents by manufacturing and selling products without permission [2][4]. - The original applicants of the two patents in question are Nokia, and after several transfers, the patents are currently licensed to Yuan Yuzhi Technology by Emter Storage Technology [1][2]. Group 2: Legal Framework and FRAND Principles - The eMMC standard is primarily aimed at embedded storage for mobile phones and tablets, and the infringement claims arise from Baiwei Storage's products that comply with this standard [2]. - The FRAND principle, which stands for "Fair, Reasonable, and Non-Discriminatory," is crucial in this context, requiring patent holders to offer licenses under fair terms and preventing unreasonable expansion of patent rights [3][5]. Group 3: Negotiation Process and Claims - Both companies assert adherence to the FRAND principles, but they disagree on whether Baiwei Storage made mistakes during the licensing negotiations, with Yuan Yuzhi claiming Baiwei acted improperly [4][5]. - Baiwei Storage maintains that it has acted in good faith and cooperated fully during the negotiation process, denying any wrongdoing [4][5].