Our PRC Legal Advisor is of the view that the Group has lawful ownership of, or valid rights to use, and is not subject to any pledge, mortgage, security or other material restrictions of, such patents and software copyrights.
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These intellectual properties were developed by Mr. Zhu in the course of his employment with us and constitute service inventions and service works under applicable laws, with title vesting in the Group and no co-inventorship arising between Mr. Zhu and the Group.
彤程新材料集团股份有限公司Red Avenue New Materials Group Co., Ltd.09607.HK
知识产权权属合法确认
According to our PRC legal advisers, we lawfully own all patents, trademarks, copyrights and domain names registered and have obtained complete ownership certificates.
In certain less important jurisdictions, the registration process remains ongoing due to time-consuming administrative procedures.
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For the remaining jurisdictions, namely Italy and Spain, the transfer is expected to be completed by the fourth quarter of 2026.
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Dr. Yin remains recorded as a co-owner of certain patent rights of the Core Products in certain jurisdictions solely because those patents are registered in jurisdictions outside the PRC, for which the registration of the transfer is pending completion as described above.