Hong Kong IPO disclosure precedents · 3 companies, 4 items
Pending infringement disputes over non-patent IP such as copyright, or large-scale or generic IP infringement claims where the IP type is mixed or unspecified.
Compliance matters are read from filings since 24 August 2026.
For example, we were involved in a copyright infringement proceeding commenced by PTC Inc. in 2024 in relation to the alleged unauthorized use of certain industrial design software.
Business · p. 164
In August 2026, the Chongqing High People’s Court rendered its final judgment, ordering us to pay economic damages of approximately RMB9.6 million and litigation costs and other expenses of approximately RMB0.5 million.
We were involved in certain intellectual property protection and infringement claims during the Track Record Period and all such proceedings had been fully settled as of the Latest Practicable Date.
For example, we are currently involved in over 40 pending lawsuits that have been brought against us concerning alleged intellectual property rights infringement.
Risk Factors · p. 88
As of 31 March 2026, we had made provisions in the amount of approximately US$6.0 million for the over 40 pending IP lawsuits described above in accordance with IFRS.
In addition, we are involved in IP infringement lawsuits against Temu and their competition counterclaim against us in the UK.
Business · p. 207
In August 2026, the court issued a first-instance judgment, finding that whilst we owned the copyright in the vast majority of certain photographs used on Temu in 2023 and 2024, such use did not amount to copyright infringement under UK law at the time due to narrow technical reasons with respect to those specific photographs.