Recently, China International Economic and Trade Arbitration Commission made a final ruling on the dispute over validity arbitration on Licensing Contract of the trademark “WANG LAO JI in Chinese” between Guangzhou Pharmaceuticals Corporation and Hong Kong Hong Dao Group, where Guangzhou Pharmaceuticals Corporation’s arbitrational requirements were fully supported by the China International Economic and Trade Arbitration Commission. Janlea’s lawyers, Mr. Zachary Zhang and Mr. Andy Xu, as the authorized agents of Guangzhou Pharmaceuticals Corporation, participated in all the arbitration procedures of this case.

China International Economic and Trade Arbitration Commission rendered the decision as follows: Supplementary Agreement on Licensing of the Trademark “WANG LAO JI in Chinese” and Supplementary Agreement on Licensing Contract Concerning the Trademark “WANG LAO JI in Chinese” concluded by Guangzhou Pharmaceuticals Corporation and Hong Kong Hong Dao Group are invalid, and that Hong Kong Hong Dao Group shall stop using the trademark “WANG LAO JI in Chinese” immediately.

The typical significance of this case lies in the fact that managements of enterprises shall always be within the framework of laws. Any actions attempting to seek illicit interests through unlawful means will be prohibited by laws.

This case is also a typical case of state-owned enterprise’s successfully preserving its legitimate rights and interests in the brand battles with foreign enterprises in recent years, where the further asset loss of the national brand, i.e. “WANG LAO JI in Chinese” is averted during the cooperation with foreign enterprises.