Swan Co., Ltd. announced that Deere previously sued the company and Xinjiang Swan for patent infringement and changed the claim amount from 10 million yuan to 20 million yuan. In the first instance, the Urumqi Intermediate Court ruled to dismiss Deer's lawsuit, and Deere appealed to the Supreme People's Court. Recently, the company received a final ruling from the Supreme People's Court. Since all of the patent rights involved in the case have been declared invalid, the first instance ruling was not clearly improper, and the appeal was rejected and the original ruling was upheld. This ruling will not have a negative impact on the company's daily production and operation and profit and loss.

Swan Co., Ltd. announced that Deere previously sued the company and Xinjiang Swan for patent infringement and changed the claim amount from 10 million yuan to 20 million yuan. In the first instance, the Urumqi Intermediate Court ruled to dismiss Deer's lawsuit, and Deere appealed to the Supreme People's Court. Recently, the company received a final ruling from the Supreme People's Court. Since all of the patent rights involved in the case have been declared invalid, the first instance ruling was not clearly improper, and the appeal was rejected and the original ruling was upheld. This ruling will not have a negative impact on the company's daily production and operation and profit and loss.