Geely sued Weimar for infringement of its trade secrets, claimed 2.1 billion and demanded patent recovery!

9Month17day,Zhejiang Geely Holding Group Co., Ltd. (hereinafter referred to as "Geely")The case of suing Weima Automotive Technology Group Co., Ltd. (hereinafter referred to as "Weima") for infringement of trade secrets was heard in Shanghai Higher People's Court,The case is by far the largest amount of domestic litigation.Commercial offenseDispute case. Before the hearing, Geely applied to the court for a closed hearing, while Weimar supported a public hearing and claimed that there was no infringement.

Geely is a representative enterprise of domestic auto brands,In1997into the automotive sector. rapid development over the years, total assets2000billion yuan,2017Fortune World of the Year500In the strong ranking, Geely314billion2980The income of US $10,000 ranked 343, since2012Since six consecutive years into the world500Strong, is China's auto industry top ten, but also the country.“innovative enterprise”and“National Automobile Export Base Enterprise”.Weimar was founded in2015One of the representatives of the new forces of car-building in,Founder Shen Hui was vice president of Geely Holding Group. At present, Weimar has more800The core team of people, which70%-80%from the vehicle industry,20%-30%From the Internet, the main organizations are located in Germany, Shanghai, Beijing and other places.

As can be seen from the relevant public information,Many employees of Weima Automobile have worked in Geely enterprises. Founder Shen Hui is GeelyVice President.Previously, Geely had said to the outside world that Hou, a senior executive surnamed Hou, who was the general manager of Geely's Chengdu manufacturing base, was in2018He resigned in, led the core members of his team to join Weimar and took Geely with him.SUVModelGX7All the information. On the basis of Geely's model, Weimar's first model was developed.EX5This is a violation of their right to trade secrets. Therefore, Geely suedShanghai Higher People's Court,Proposed21Economic compensation of RMB 100 million and the recovery of patents that have been applied for by Weimar. AndWeimar, on the other hand, argued that there was no infringement,21The damages of 100 million yuan do not have the corresponding basis.The relevant person in charge of Weimar Motors said in an interview,“Weimar Motors2015established in, some key executives are also2015When he left Geely around the year, there was no pure electric in the market that was being developed.SUV, Why WeimarEX5Copying GeelyGX7The statement?”Since the case was not heard in public, the trial did not reveal much to the outside world. Generally speaking, for trade secret infringement disputes,The scope and determination of trade secret points, and the relevant evidence is indeed very difficult, Geely wants to obtain.21The compensation of 100 million yuan must have taken a lot of effort.

Regarding the trade secret infringement dispute initiated by Geely, Weimar also believes that Geely's main purpose is to hinder Weimar's financing process and the pace of listing through legal means.7MonthsFounder andCEOIn an interview with relevant media, Shen Hui said that Weimar Motors is seeking financing from global investors, and the amount of financing may be as much10billion dollars, and mainly overseas financing. The funds will be mainly used for research and development, brand promotion and so on. In fact, in3In January, Weimar completed a total of funds of up30Billions of yuanCRound of financing, as of the completion of the round of financing, Weimar's cumulative financing has been nearly230billion yuan. The outcome of this trade secret infringement dispute will have a more important impact on the future of Weimar's financing and listing process.