[TBI MOTION] Subsidiary Quantrans Technology (Suzhou) Co., Ltd. announces receipt of civil judgment

TBI MOTION's subsidiary lost a trademark lawsuit in China but expects no material impact due to its new brand MOSIONX.
その他NQ 0/100出典:PR Times

📋 Article Processing Timeline

  • 📰 Published: May 15, 2026 at 09:00
  • 🔍 Collected: May 16, 2026 at 08:00 (23h 0m after Published)
  • 🤖 AI Analyzed: May 16, 2026 at 10:18 (2h 18m after Collected)
1. Parties to the legal event:
Appellant: Quantrans Technology (Suzhou) Co., Ltd. (hereinafter referred to as the subsidiary)
Appellee: Zhejiang Jinri Transmission Technology Co., Ltd.
2. Name of the court or disciplinary agency of the legal event: Ningbo Intermediate People's Court, Zhejiang Province
3. Reference number of relevant documents of the legal event: (2025) Zhe 02 Min Zhong No. 8017
4. Date of occurrence of the event: 2026/05/15
5. Details of occurrence (including the subject of the dispute): The subsidiary received a judgment from the Haishu District People's Court in Ningbo on February 11, 2025, regarding a trademark infringement lawsuit filed by Zhejiang Jinri Transmission Technology Co., Ltd. The Haishu District People's Court ruled against the subsidiary, and the subsidiary filed an appeal on October 31, 2025. Today, on May 15, 2026, the subsidiary received the judgment from the Ningbo Intermediate People's Court in Zhejiang Province, stating that the subsidiary's second-instance appeal claims were untenable and not supported.
6. Handling procedure: The subsidiary has appointed a lawyer to handle subsequent legal matters to protect the company's rights and interests.
7. Impact on company finance and business and estimated impact amount: In order to continuously provide high-quality and reliable transmission solutions, the subsidiary launched a new brand, MOSIONX, in mainland China in March 2025. After evaluation, this case will not cause a significant financial or business impact on the company and its subsidiary.
8. Countermeasures and improvement status: The subsidiary has appointed a lawyer to handle subsequent legal matters to protect the company's rights and interests.
9. Any other matters that need to be specified: None.