CALB Co., Ltd. Class H (HK:3931) has released an update.
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CALB Group Co., Ltd. faces a legal challenge from Contemporary Amperex Technology Co., Ltd. over alleged patent infringement related to battery components. The lawsuit seeks damages and an injunction against CALB, but the company asserts it has independent intellectual property rights and has requested patent invalidation. Despite the ongoing litigation, CALB states the issue will not significantly impact its operations.
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