Huayi Group announced that on March 29, 2024, its wholly-owned subsidiary New Materials Company and its holding subsidiary Guangxi New Materials were sued by Arkema. The other party claimed that the two infringed its patent rights, applied for financial compensation of 430 million yuan, and incurred all litigation costs. On November 14, 2025, the plaintiff changed the lawsuit and is now requesting compensation of 430 million yuan from New Materials Company. Guangxi New Materials is jointly and severally liable for 110 million yuan of this. The case was not decided in the first instance, and the impact on the company's profits is subject to the court's effective judgment.

Zhitongcaijing · 11/14/2025 10:17
Huayi Group announced that on March 29, 2024, its wholly-owned subsidiary New Materials Company and its holding subsidiary Guangxi New Materials were sued by Arkema. The other party claimed that the two infringed its patent rights, applied for financial compensation of 430 million yuan, and incurred all litigation costs. On November 14, 2025, the plaintiff changed the lawsuit and is now requesting compensation of 430 million yuan from New Materials Company. Guangxi New Materials is jointly and severally liable for 110 million yuan of this. The case was not decided in the first instance, and the impact on the company's profits is subject to the court's effective judgment.