50% OFF

Disclosure of Litigation Settlement Terms for Changzhou BrightGene Biomedical Co., Ltd.

#legal #intellectual_property #trademark_infringement #securities_disclosure #IPO #settlement #pharmaceutical
Neutral
A-Share
January 18, 2026

Unlock More Features

Login to access AI-powered analysis, deep research reports and more advanced features

About us: Ginlix AI is the AI Investment Copilot powered by real data, bridging advanced AI with professional financial databases to provide verifiable, truth-based answers. Please use the chat box below to ask any financial question.

Disclosure of Litigation Settlement Terms for BrightGene

Based on the public information obtained,

the litigation settlement terms between Changzhou BrightGene Biomedical Co., Ltd. (hereinafter referred to as “BrightGene”) and Beijing Aitanran Cosmetics Co., Ltd. have been fully disclosed
[1][2].

Litigation Background

This case is a

trademark infringement and unfair competition dispute
. Aitanran sued BrightGene for unauthorized use of the “Ruisheng” logo as its functional skin care brand, which constitutes trademark infringement and unfair competition[1].

Details of Disclosed Settlement Terms

According to the public reply document to the listing review inquiry, the two parties

reached a settlement and signed the Settlement Agreement on August 15, 2025
, with the main terms including[1][2]:

Settlement Terms Specific Content
Settlement Amount
BrightGene shall pay a settlement amount of
RMB 2.6 million
to Aitanran
Waiver of Trademark Rights
Aitanran explicitly waives the right to pursue BrightGene’s use of the “Ruisheng” logo (including text, graphics, and combined forms) for its functional skin care brand prior to the signing of the agreement
Usage Restrictions
BrightGene shall not use the standalone “Ruisheng” logo on cosmetics
Restrictions on the Counterparty
Aitanran and its affiliates shall not use the standalone “Ruisheng” trademark/logo in the production, sales, or authorization of Class 3 goods (daily chemical products)
Financial Treatment and Disclosure
  • BrightGene has accrued a provision for litigation of RMB 2.6337 million by the end of 2024
  • The actual settlement payment is RMB 2.6 million, with a small difference from the accrued provision amount
  • The settlement amount accounts for
    1.06%
    of the company’s net assets (RMB 282.3625 million), which will not have a material adverse impact on the company’s financial condition[1]
Conclusion of Legal Proceedings

On August 21, 2025
, the Shanghai Intellectual Property Court issued a Civil Ruling ((2025) Hu 73 Min Zhong No. 70), ruling:

  • Revoke the civil judgment of the Fengxian District People’s Court of Shanghai ((2024) Hu 0120 Min Chu No. 17058)
  • Approve Aitanran’s withdrawal of the lawsuit[1]
Disclosure Channels

The litigation settlement matter has been disclosed through the following channels:

  1. Risk factors section
    in the
    prospectus
  2. Supplementary legal opinion
    issued by AllBright Law Office (Shanghai)
  3. Reply document to the listing review inquiry letter
  4. Brokerage listing sponsorship letter
    [1][2]
Conclusion

The litigation settlement terms of BrightGene have been fully disclosed
, and the disclosed content complies with securities regulatory requirements, covering core content such as the settlement amount, rights and obligations of both parties, and subsequent restriction clauses, which is of important reference value for investors’ decision-making.


References

[1] Supplementary Legal Opinion (II) of AllBright Law Office (Shanghai) on the Public Offering of Shares to Unspecified Qualified Investors by Changzhou BrightGene Biomedical Co., Ltd. and Its Listing on the Beijing Stock Exchange - Eastmoney.com (https://pdf.dfcfw.com/pdf/H2_AN202512021792591876_1.pdf)

[2] Reply to the Second Round of Review Inquiry Letter on the Application Documents for the Public Offering of Shares and Listing on the Beijing Stock Exchange by Changzhou BrightGene Biomedical Co., Ltd. - Eastmoney.com (https://pdf.dfcfw.com/pdf/H2_AN202512021792591872_1.pdf)

Related Reading Recommendations
No recommended articles
Ask based on this news for deep analysis...
Alpha Deep Research
Auto Accept Plan

Insights are generated using AI models and historical data for informational purposes only. They do not constitute investment advice or recommendations. Past performance is not indicative of future results.