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    300383   CNE100001S16

BEIJING SINNET TECHNOLOGY CO., LTD

(300383)
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Beijing Sinnet Technology : 76 Million Awarded In Trademark Infringement Case Against Amazon

02/03/2021 | 05:15am EST

On Dec 30, 2020, the website "China Judgements Online" published the 1st instance decision of Beijing High People's Court in a trademark infringement case against Amazon and Beijing Sinnet Technology.
The court found Amazon and Beijing Sinnet infringed the exclusive rights of "AWS" trademarks No. 4249189, No. 8967031 and No. 8967030 owned by the plaintiff, Beijing Yanhuang Yingdong Company (ActionSoft).
In addition to granting injunction against Amazon and Beijing Sinnet, the court also awarded the plaintiff ActionSoft a damage of RMB76,463,000 (USD11.76 million) and reasonable expenses of RMB260,000 (USD40,000).
In this case, the court fee amounted to RMB1,543,100 (USD237,400). The defendants have to pay RMB 1 million (USD154,000) and the plaintiff pays the rest.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mr Stephen Yang
IP March
1506 Satellite Building, 63 Zhichun Road
Haidian District
Beijing
CHINA

© Mondaq Ltd, 2021 - Tel. +44 (0)20 8544 8300 - http://www.mondaq.com, source Business Briefing

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Financials
Sales 2021 8 136 M 1 276 M 1 276 M
Net income 2021 979 M 154 M 154 M
Net Debt 2021 1 700 M 267 M 267 M
P/E ratio 2021 22,4x
Yield 2021 0,62%
Capitalization 21 774 M 3 415 M 3 415 M
EV / Sales 2021 2,88x
EV / Sales 2022 2,62x
Nbr of Employees 1 185
Free-Float 65,6%
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Beijing Sinnet Technology Co., Ltd Technical Analysis Chart | 300383 | CNE100001S16 | MarketScreener
Technical analysis trends BEIJING SINNET TECHNOLOGY CO., LTD
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Mean consensus OUTPERFORM
Number of Analysts 12
Last Close Price 14,11 CNY
Average target price 19,10 CNY
Spread / Average Target 35,3%
EPS Revisions
Managers and Directors
Yu Hang Yang General Manager & Director
Li Jun Zhang Chief Financial Officer
Dian Gen Geng Chairman
Jun Hui Wang Chairman-Supervisory Board
Cheng Xun Hou Independent Director
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