[Global Network Technology Report] Not long ago, Dong Mingzhu complained to rival Haier at Gree's shareholders meeting, especially because many “who could not buy Haier.†In particular, this bureaucratic sentence is another fire. In recent days, Gree again launched a disaster against the United States and brought the United States to court.
Zhuhai Gree Electric Appliances Co., Ltd. sued Beijing Tianang Weiye Trading Co., Ltd. (abbreviated as Tianang Company) and Guangdong Midea Refrigeration Equipment Co., Ltd. (abbreviated as Midea Corporation), claiming that the US “Refrigerating King†series air conditioner infringed on its utility model patent rights. The patent involved in the case was a utility model patent for the “air-conditioner indoor unitâ€, and the infringed product was the “refrigeration king†series air-conditioner. Gree filed a claim to Midea for 50 million yuan. At present, the Beijing Intellectual Property Court has accepted the case.
Gree said that Gree Co., Ltd. is the right holder of the involved patents, the defendant Mei's company manufactures, promises sales, sales, and the defendant Tianang Company promised to sell and sell the US "Refrigerating King" series air conditioners, which fall within the protection scope of the patent claims involved. Constitute patent infringement;
Gree's patented "U-Zun" products have won numerous awards at home and abroad and have been favored by the market. Midea's companies sold the accused infringing products at a low price and eroded Gree's market.
The United States and Gree as the current domestic top three in the field of white electricity (also a Haier), the competition is very fierce. At the end of 2016, Chen Jin, the assistant minister minister of Gree Electric Standards Management, reported the academic fraud of the United States on a real basis and requested the cancellation of the 2014 National Scientific Progress Second Prize won by the United States. Afterwards, the American internal engineer Li Meng also reported back with real names. In January, Gree formally announced to Li Wei, the engineer of the United States, that he had sued the court in Guan Wei, saying that he had falsely accused and infringed the right of reputation. Today, Gree also brought the United States to court, claiming that its products infringe on patents.
At present, the company in the United States has filed a civil jurisdiction objection application and the collegial panel is conducting further trials on the case.
The US's 2016 annual results report shows that Midea’s annual operating revenue of 159 billion yuan in 2016 was the top spot. Gree financial report shows that in the 2016 annual operation, it achieved an operating income of 108.303 billion yuan. This income is 31.9% less than the United States, and its 2016 annual operating income growth rate is also nearly 4 percentage points slower than the United States. However, in terms of profitability, Gree still maintains a strong position in terms of profitability, and its net profit is slightly higher than that of the United States. There is not much difference between the United States and Gree. Both are very similar in terms of performance and scale. Therefore, the smell of gunpowder between competitors is also full.
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