Gree Electric and Oaks have just concluded an intellectual property lawsuit that lasted more than three years. Recently, the China Judgment Documents Network announced the execution ruling of the Guangdong Higher People’s Court. The final judgment ruled that Ningbo Aosheng Trading Co., Ltd. (formerly Ningbo Aox Air Conditioning Co., Ltd.) set up malicious infringement and compensated Zhuhai Gree Electric Co., Ltd. for 40 million yuan. This is also the most effective judgment so far in the field of home appliances.
Not long ago, the case of Gree v. Oaks’ patent infringement, which lasted for 40 months, was settled. The court ruled that Oaks compensated 40 million yuan, and the compensation has been transferred to the Gree Electric account .
Dong Mingzhu said at the “Chinese Enterprise Lecture Hall” that her purpose is not to simply make a lawsuit, but to promote the Chinese manufacturing industry in different ways and methods. Every entrepreneur becomes a conscientious entrepreneur.