Recently, Leadshine won two patent rights protection cases against a domestic manufacture. After trials by the Guangzhou Intellectual Property Court and the Guangdong Higher People's Court, both courts determined that the manufacturer had infringed Leadshine's patent rights and ruled it compensates Leadshine for its economic losses.
01. Intellectual Property Power Strategy
China has fully embarked on a new journey of building an intellectual property power. Recently, the country released the "2023 Outline for Building a Powerful Country on Intellectual Property and the Implementation and Promotion Plan of the 14th Five-Year Plan", which clarified 115 key tasks and work measures in building a powerful country on Intellectual Property. In 2021, the "14th Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Outline of Long-term Goals for 2035" clearly stated that the strategy of strengthening the country through intellectual property rights will be implemented, a strict intellectual property protection system will be implemented, and punitive compensation system for intellectual property infringement will be established, and efforts will be made to increase compensation for damages, protect and incentivize high-value patents. In recent years, the government and enterprises have actively promoted the protection of intellectual property rights, and the protection of intellectual property rights has been significantly enhanced, the business environment has continued to improve, and infringements have been effectively combated.
02. The soul of innovation is inviolable
Protecting intellectual property rights means protecting innovation. Innovation is the soul of an enterprise, it is the driving force and source for promoting sustainable development and maintaining competitive advantage. Leadshine adheres to the development path of independent innovation. After more than 20 years of technology accumulation, it has achieved an industry-leading position in the motion control field and has won the trust and recognition of global customers. Meanwhile, it has also gradually attracted imitation and even all-round plagiarism by its peers, their rapid imitation and low-price sales seriously disrupted the fair competition in the market, causing significant economic losses and reputational losses to Leadshine.
In the face of malicious infringements, in order to actively respond to the national intellectual property power strategy, create a good business environment, and also to protect the rights and safety guarantee of our customers, and safeguard our own legitimate rights and interests, Leadshine has continuously increased its investment in independent innovation, we have also actively taken up legal weapons against infringers, and have achieved good results.
03. Leadshine Patent Rights Protection Achieves New Victory
Recently, Leadshine won two patent rights protection cases against a domestic manufacture. After trials by the Guangzhou Intellectual Property Court and the Guangdong Higher People's Court, both courts determined that the manufacturer had infringed Leadshine's patent rights and ruled It compensates Leadshine for its economic losses. Leadshines victory is not only due to its strong foundation of fully independent intellectual property rights, but also inseparable from the government support.
Leadshine always advocates for healthy marketing competition and resolutely resists vicious market infringement behavior. Leadshine attaches great importance to technological innovation and intellectual property work, and always regards intellectual property strategy as an important part of the company's business strategy. It has gradually formed a complete intellectual property management system, gradually enhancing employees' intellectual property awareness through publicity and promotion, and strengthening intellectual property protection and application, contributing to company's business development.
After years of accumulation, the company has passed the intellectual property management system certification and won honors such as the Guangdong Province Intellectual Property Demonstration Enterprise and the China Patent Award. In recent years, the number of intellectual property applications and authorizations has increased steadily year by year. Up to now, the company has applied for more than 1,000 intellectual property rights worldwide, including 626 patents, involving more than 20 countries and regions including China, the United States, and Europe etc. In the future, Leadshine will continue to promote anti-counterfeiting and rights protection actions, increase the intensity and expand the scope of crackdowns, continuously improve the strategic layout of intellectual property rights, and safeguard the company independent innovation and sustainable development.