Nanji E-Commerce Revises Lawsuit Claim, Raising Compensation to 296 Million Yuan

Regulation
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Nanji E-Commerce has revised its claim in a trademark licensing contract dispute, raising the compensation sought from about 81.69 million yuan to approximately 296 million yuan. The company has submitted an application to amend the claim to the court, and the case is currently under first-instance trial. Meanwhile, Shanghai Xinhezhao has also sued Nanji E-Commerce, with the amount involved in the case totaling around 313 million yuan.

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Suing Nanji E-Commerce, but outcome uncertain; legal dispute may affect business.