Vmoto Limited (AU:VMT) has released an update.
Vmoto Limited has settled its legal disputes with Supersoco Intelligent Technology, gaining exclusive rights to key trademarks, patents, and production molds, alongside full ownership of Vmoto Soco, strengthening its market position and potential revenue streams. The settlement includes a lump-sum payment from Vmoto to Supersoco, avoiding further litigation costs and ensuring a stable supply chain for Vmoto’s products. This agreement opens the door for Vmoto to exclusively market and sell its products in the high-potential Chinese market.
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