Yoga wei shares once again face lawsuits. Recently reported, the lighting science group believes that yoga wei shares a LED downlight for patent infringement, will be on July 11 and yoga yoga wai shares wei technology (USA) co., LTD., California, appeal to the court, to apply for a temporary injunction to prohibit the infringing products to import to the United States, and continue to ban has imported products sales.

On July 27, yoga wei dong secret shares Chen Qiongge confirmed the news. As to why the company didn't have the case announcement, Chen Qiongge said that the other party referred to in the patent infringement on the basis of inadequate, and "litigation involves the product amount is not big, short of disclosure standards, company will not have much effect judgment."

This is not the first time that yoga wei shares received patent litigation. On June 15, 2013, yoga wei shares announcement, received the document to the United States district court in New Jersey. Plaintiff SimonNicholasRichmond said, yoga several products of the shares and subsidiary, violated one or more of the patents.

"This litigation in 2016 (2013) had the first-instance judgment, the other party was found guilty of the patent is invalid, but insisted on appeal." Chen Qiongge tells a reporter, "this time, and some similar in 2013, we are also combined with the other defendants hire lawyers to deal with."

Chen Qiongge said, the other party referred to in the patent infringement on the basis of inadequate, but one thousand defense basis for the court to support company, the company will seek reconciliation, processing method of changing products or research and development such as new product to deal with.

The competition heats up in the LED industry, many firms are also been thrown transformation scheme. Yoga wei shares started with LED products, but photovoltaic products have gradually become the main force of revenue.

Yoga wei shares, according to preliminary results released on July 14, 2016 in the first half of the company is expected to 121 million to 123 million yuan, the profit over the same period in 2015, a loss of 6.5517 million yuan, profit changes of reason for jiangsu huayuan new energy technology co., LTD., consolidated, lead to sharp increase in revenues, profits, etc.

According to reporter understanding, in August 2015, yoga wei stake for $1.8 billion to acquire all huayuan new energy, cut power plant EPC business. Company annual report, and after the table of EPC photovoltaic power station project in 2015 on revenue of $953 million, accounts for the proportion of revenue has been as high as 50.10%.

Only three months later, yoga wei equity overweight pv business again, announced plans to source power full ownership in the country of the buyer for 1.15 billion yuan, the new photovoltaic business, achieved an income of 093 million yuan in 2015.

"The company's business currently has lighting, including LED and solar lighting, EPC, photovoltaic power generation, photovoltaic power station project lighting business accounts for about 30% ~ 35% revenue." Chen Qiongge said.