The LED product was not litigation announcement Jiawei shares said the amount of non-compliance

Jiawei shares once again facing a lawsuit. According to earlier reports, the United States Lighting Science Group, Jiawei shares a LED lamp for patent infringement in July 11th, Jiawei shares and Jiawei Technology (USA) limited appeal to the California court to apply for a temporary injunction to prohibit infringing products to the United States to continue to import, and banned imports continue to sell.

In July 27th, Jiawei shares secretaries Chen Qiong Ge confirmed the news. As for why the company did not notice to this lawsuit, Chen said the other called Qiong Ge, patent infringement and legal basis is not sufficient, "involving products of the small amount of money, not up to the standard of disclosure, the company will not have a significant impact on the judgment. "

This is not the first time Jiawei shares received patent litigation. In June 15, 2013, Jiawei shares announcement that received the New Jersey U.S. district court documents served. The SimonNicholasRichmond said the number of products, Jiawei shares and subsidiaries, infringed its patent or patents.

"This (in 2013) in the first instance of the trial in 2016, the other party was sentenced to a patent invalid, but in the appeal. Chen Qiongge told reporters, the situation is somewhat similar to 2013, we are also in conjunction with other defendants to hire a lawyer to deal with. "

Chen Qiongge said, the other alleged patent infringement evidence is not sufficient, but if the company has not been on defense court support, the company will seek reconciliation, change process of products or similar products to cope with the new development.

In the increasingly intense competition in the LED industry, many companies have been throwing out the transformation program. Jiawei shares to LED products started, but photovoltaic products are gradually become the main force of revenue.

Jiawei shares July 14th released results notice, the company expects first half 2016 earnings of 121 million to 123 million yuan, 6 million 551 thousand and 700 yuan loss in the same period of 2015, the reason for the Earnings Fluctuation of Jiangsu Huayuan Amperex Technology Limited consolidated, resulting in revenue, profit increased significantly.

According to the reporter, August 2015, Jiawei shares at a price of 1 billion 800 million yuan acquisition of Huayuan new energy power plant EPC business starting full ownership. The company's annual report shows that, and after the EPC photovoltaic power plant project in 2015 revenues of 953 million yuan, accounting for the proportion of revenue has been as high as $50.10%.

Only 3 months later, Jiawei shares again overweight photovoltaic business, announced that the proposed purchase price of 1 billion 150 million yuan in power source all the shares, the new photovoltaic power generation business, in 2015 achieved revenues of 93 million yuan.

The company's business currently has lighting (including LED and photovoltaic lighting), EPC photovoltaic power plant projects, three photovoltaic power generation, accounting for about of the proportion of lighting business revenue. Chen Qiongge said.

For more information about LED, please click on LED network or pay attention to WeChat public account (cnledw2013).