Kunshan Guoli Electronic Technology Co LtdLost first-instance patent lawsuit, must stop making/selling the disputed relay models and pay 24.09 million yuan.

Guoli Electronics disclosed in an announcement on October 9 that the company, its controlled subsidiary Kunshan Guoli Yuantong New Energy Technology, and its wholly owned subsidiary Kunshan Ruipu Electric lost the first-instance ruling in a patent lawsuit against Xiamen Hongfa Power Electric. The company and its two subsidiaries were defendants in the case. The Tianjin Third Intermediate People's Court ruled in the first instance that the company must stop manufacturing, selling, and offering to sell relays of the models involved in the disputed patents, and must pay Xiamen Hongfa a total of 24.09 million yuan in compensation. The company said it will continue to monitor the case and actively pursue measures including an appeal to protect the interests of the company and its shareholders. The company had already filed a second patent invalidation request against the patents at issue on July 17, 2026, and that case is currently under review. In the first half of 2026, Guoli Electronics achieved revenue of 707 million yuan and net profit attributable to the parent company of 31.51 million yuan.
Kunshan Guoli Electronic Technology Co LtdLost first-instance patent lawsuit, must stop making/selling the disputed relay models and pay 24.09 million yuan.
Won first-instance patent ruling against Guoli Electronics, securing injunction and 24.09 million yuan in compensation.
As a co-defendant subsidiary, it is subject to the injunction and the 24.09 million yuan damages award.
As a co-defendant subsidiary, it is subject to the injunction and the 24.09 million yuan damages award.