Safe-Run pays VMI damages after China appeal court IP judgement
Leading tyre building machinery manufacturer VMI Holland B.V. has issued a firm rebuke to Safe-Run Intelligent Equipment Co., Ltd after the latter issued a press release on 31 July claiming victory in the companies’ ongoing legal dispute. Contrary to Safe-Run’s view, VMI said the Jiangsu High People’s Court of China’s ruling represented “a major defeat for Safe-Run and almost total vindication of VMI’s position.” VMI first announced it had won “a significant lawsuit” against Safe-Run relating to its intellectual property in February 2021. Subsequently, the Netherlands-based firm said the appeal court finalised its judgement that Safe-Run were infringing on VMI’s two key patents relating to tyre building machines. Safe-Run was ordered to stop infringements immediately and pay VMI damages totalling RMB 2.46 million (around 320,000 euros). VMI notes that these payments are “very high [compared] to the average damage awards of around RMB 100,000 in similar cases in China.” Safe-Run’s statement is not currently available.