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CALB Co., Ltd. Class H ( (HK:3931) ) has provided an update.
CALB Group Co., Ltd. has announced its involvement in a legal dispute initiated by Contemporary Amperex Technology Co., Limited (CATL) over alleged infringement of a utility model patent related to battery modules. The plaintiff is seeking cessation of the alleged infringement and compensation totaling RMB61 million. CALB has responded by requesting the invalidation of the patent in question with the China National Intellectual Property Administration and maintains that the litigation will not materially affect its current and future operations. The company is committed to protecting its legal rights and interests, while ensuring compliance with information disclosure obligations as the case progresses.
More about CALB Co., Ltd. Class H
CALB Group Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China. The company operates in the energy sector, focusing on the development and production of battery modules, which are critical components in various energy storage solutions.
YTD Price Performance: -2.49%
Average Trading Volume: 443,948
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$22.22B
For detailed information about 3931 stock, go to TipRanks’ Stock Analysis page.
