Brief: Chongqing Machinery & Electric Updates On A Lawsuit Filed By Unit Against Gehuang Party

Chongqing Machinery & Electric Co

07/01/2021 12:14

Jan 7 (Reuters) - Chongqing Machinery & Electric Co Ltd
 2722.HK :
    * UPDATES ON A LAWSUIT FILED BY UNIT REGARDING ITS CIVIL
LIABILITY
FOR TRADEMARK INFRINGEMENT AND UNFAIR COMPETITION
    * ON 18 DEC, COURT STATED THAT GEHUANG PARTY SHALL
IMMEDIATELY
STOP PRODUCTION, SALE AND PROMOTION OF ITS PRODUCTS
    * ON 18 DEC 2020 COURT MADE JUDGMENT ON DISPUTE BROUGHT BY
PIGEON
CO AGAINST GEHUANG PARTY
    * ON 18 DEC, COURT STATED GEHUANG PARTY TO COMPENSATE UNIT
FOR
ECONOMIC LOSSES & COSTS TOTALING RMB10 MILLION

Source text https://www1.hkexnews.hk/listedco/listconews/sehk/2021/0107/2021010701130.pdf
Further company coverage:  2722.HK 

 ((Reuters.Briefs@thomsonreuters.com;))