FS Innovation Faces Huawei Lawsuit Over Alleged Trademark Infringement, Seeks Legal Counsel

Stock News04-23 08:28

FS Innovation (03355) has announced that it received a civil complaint from Huawei Technologies Co., Ltd., the plaintiff, alleging infringement of the plaintiff's trademark rights. The plaintiff's primary claims include demanding that the company cease the alleged infringement of registered trademark exclusivity and seeking compensation for damages. The company is currently conducting an assessment, seeking legal advice, and actively communicating with the plaintiff and its representatives. Based on the information currently available to the company: First, the company's products do not infringe upon the plaintiff's trademark rights. Second, the sales revenue of the products mentioned in the plaintiff's complaint accounts for less than 0.2% of the company's 2025 operating revenue. As the legal proceedings are still in the initial stage, the company will closely monitor the effect and impact of the lawsuit on the group. As of the date of this announcement, the board of directors confirms that the lawsuit has no significant adverse impact on the group's normal operations and financial condition, nor on the company's existing business and operations.

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