Bombardment triple triple trading company, said the latter group to mislead the public - triple tra

Nearly 5,000 words in this notice eloquent, "denounce" the triple Group "trademark infringement", "bad related party transactions", "occupation of business premises," "does not renew or early termination" and four counts . Also emphasized the company in the country before the U.S. took over the operating loss has occurred.

14 pm, Joint Group made the announcement in writing, one by one to refute the so-called "four counts." Triple Group believes that the "special announcement" have defied the laws and regulations, on the contracts, agreements taken out of context, exaggerated, misleading.

Triple trading company board of directors currently provide only "take over the operating loss occurred before," but made no mention of the reasons causing losses. In fact, the country the status of the United States made the largest shareholder after the office refused to send executives, as well as its competition with the launch of the personal is the key reason for loss of triple trading company.

Around the following four major focal point of Triple Group and the former "pro-son" triple trading companies to start fighting.

"Triple" trademark belongs to who actually
In the "special announcement", the triple trading company, said the Board, Joint Group against the re-Zheng Baiwen 2003 to sign a "related party transactions and intra-industry competition shows and commitment" and "trademark licensing contract" in the making to avoid competition with the industry and listed companies in the permanent license to use "triple" trademark agreement, in 2008 and 2009 set up a "triple Appliance Co., Ltd. Shandong" and "triple Appliance Distribution Co., Ltd. Shandong"; and 6, 2008 hide company listed on the State Trademark Office for the transfer of registration number of the "triple" registered trade mark, leading to the continued operation of listed companies and the integrity of corporate assets have been seriously affected. In addition, the triple Group has pledged to triple appliances failing franchise business system information and documents transferred to the company.

Triple group struck back, saying, according to January 27, 2003 the licensee (triple Group), the licensee (Zhengzhou Baiwen) signed a "trademark license contract" provisions of the contract entered into force on the premise that "1 , the licensee is a 'triple'

Service Trademarks are trademarks of people. 2, the licensee is the licensee's largest shareholder, to actively support the development of the licensee. "1-16 under the contract clause in all matters, all this as pre-conditions. And in section 7," trademark identify and use the "in it clearly states: Licensee acknowledges that licensor is the" triple "the only legitimate trademark owners.

Sanlian Group, said that since February 12, 2008, 2700 triple trading company shares options were auctioned, the triple group that has lost the status of major shareholders. Therefore, the entry into force of the contract has ceased to exist. Thus the trademark agreement's "scope, duration, no competition," while matters such as loss of legal effect. At present, the actual control of the United States as the country's legitimacy is still triple trading company of legal proceedings, Joint Group for the time being not required to stop using the "triple" trademark. In fact, triple trading companies continue to use the "triple" is already a trademark infringement.

For franchising issues, triple group said that under the April 29, 2002 in Jinan, signed "on the group commissioned a triple triple Zhengzhou Baiwen management appliance chain store franchise agreement," Article 7, the agreement is valid two years (January 1, 2002 -2003 12 31). Dec. 31, 2003 after the two sides did not sign any entrusted management agreement. Received triple trading company in early 2004 -2 008 times initial fee and royalties 4,151,901 yuan, should be returned to Triple Group.

No problems associated with transaction
Triple trading company in the "special announcement" that will triple the Group has not appliance-related wholesale and distribution assets and operations into listed companies, listed companies and triple the formation of the Group and its affiliated companies a large number of wholesale home appliances distribution of related transactions, resulting in funds being occupied by listed companies and joint suit Adaptation has not yet completely resolved, the company's financial security, a significant impact on normal operations.

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