Recently, we have sued Guangzhou Yenuo Technology Co.,Ltd. to the intellectual property court. The main reason is that Guangzhou Yenuo is suspected of infringing two patents of our company. The patents involved in the case are mainly the two key technologies of the multi-stage pressing roll and cooling device in the OTR tire tread strip winding machine.
We are adhering to independent innovation since its establishment, and Link-Asia is one of the innovative enterprises in China that can insist on independent research and development. In the past few years, we have successfully developed a number of products or technologies pioneered in the industry, covering a number of products such as rubber strip winding machine, steel belt winding system, PCR tire foam fitting & sealant applying machine, nitrogen vulcanization system, automatic bead wrapping machine and logistic line, automatic bead rubber coating machine. We have submitted more than 150 relevant patent applications (including more than 85 invention patents), which can show the strong innovation ability and intellectual property protection awareness of Link-Asia.
With the pace of China's entry into an innovative society, China's tire industry has entered a stage of high-quality development. The demand of tire enterprises for innovative technologies and products is increasing. It is urgent to respect and protect intellectual property rights. The era of imitation or plagiarism will eventually become history. Only through continuous innovation can the high-quality and sustainable development of the tire industry be promoted.
This intellectual property lawsuit is the first shot of our company to protect its legal rights and interests and fight against infringement and plagiarism through legal weapons. It shows our determination to protect the R&D and innovative technological achievements and attach importance to intellectual property protection, and also reflects our zero-tolerance attitude towards infringement.