CALB Co., Ltd. Class H (HK:3931) has released an update.
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CALB Group Co., Ltd. has initiated four legal proceedings against Contemporary Amperex Technology Co., Limited and other firms for alleged patent infringements, seeking compensation totaling RMB1.007 billion. The cases, filed in the Higher People’s Courts of Hubei and Jiangsu Provinces, pertain to the unauthorized use of CALB’s patented battery technology. The litigations are yet to be heard, marking a significant move in the competitive battery technology market.
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