--- title: "ZOTYE Automobile intellectual property contract dispute case second-instance judgment, required to pay 29.5 million and interest" type: "News" locale: "en" url: "https://longbridge.com/en/news/257317065.md" description: "ZOTYE was ordered to pay 29.5 million yuan plus interest due to a contract dispute over intellectual property rights. The Zhejiang Provincial High People's Court upheld the judgment to terminate the contract and revoked the dismissal of some claims by Shanghai Sizhih. This judgment is final and may have a significant impact on ZOTYE's performance" datetime: "2025-09-15T08:28:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/257317065.md) - [en](https://longbridge.com/en/news/257317065.md) - [zh-HK](https://longbridge.com/zh-HK/news/257317065.md) --- # ZOTYE Automobile intellectual property contract dispute case second-instance judgment, required to pay 29.5 million and interest Recently, ZOTYE received a civil judgment \[Zhe Min Zhong 588\] from the Zhejiang Provincial High People's Court. Previously, Shanghai Sizhizhi sued ZOTYE due to a dispute over an intellectual property contract, demanding payment of licensing fees and overdue interest, while ZOTYE counter-sued for contract termination. On April 30, 2025, the Jinhua Intermediate Court ruled to terminate the contract and dismissed Shanghai Sizhizhi's claims. Shanghai Sizhizhi appealed, and after reviewing the case, the Zhejiang High Court found that some of its requests were valid. The second-instance judgment upheld the termination of the contract and revoked the dismissal of Shanghai Sizhizhi's claims, ordering ZOTYE to pay 29.5 million yuan and overdue interest within ten days, while dismissing other claims from Shanghai Sizhizhi. This judgment is final and may have a significant impact on ZOTYE's performance ### Related Stocks - [000980.CN](https://longbridge.com/en/quote/000980.CN.md) ## Related News & Research - [Caribou survey shows Gen Z faces highest car payment strain, refinancing hesitancy persists](https://longbridge.com/en/news/286974280.md) - [PRECIOUS-Gold edges higher from over 1-1/2-month low but higher yields cap gains](https://longbridge.com/en/news/286745980.md) - [JPMorgan lowers 2026 gold forecast, still sees rally towards $6,000 on renewed demand](https://longbridge.com/en/news/286715908.md) - [PRECIOUS-Gold slips to 1-1/2-month low as Middle East tensions lift oil, cloud rate outlook](https://longbridge.com/en/news/286695654.md) - [Chart House closes after decades, Mastro’s to open in 2027](https://longbridge.com/en/news/286911792.md)