Bethel Automotive Safety Systems Co., Ltd. – Litigation Announcement (2025‑11‑20)
Company Profile
- Name: Bethel Automotive Safety Systems Co., Ltd.
- Ticker: 603596 (Shanghai Stock Exchange)
- Sector: Consumer Discretionary – Automobile Components
- Headquarters: Wuhu, China
- Business: Design, manufacture, and distribution of automotive braking modules, including front disc brake modules, rear drum brake modules, integrated parking brakes, master cylinders, and vacuum boosters.
- Export Markets: United States, United Kingdom, Spain, and other international destinations.
- Financial Snapshot (as of 2025‑11‑20):
- Close price: 44.76 CNY
- 52‑week high: 67.4 CNY (2025‑03‑06)
- 52‑week low: 41.82 CNY (2025‑01‑05)
- Market capitalization: 3.763 billion CNY
- Price‑earnings ratio: 20.96
Litigation Overview
On 20 November 2025, Bethel Automotive Safety Systems Co., Ltd. (hereinafter “the Company”) issued a public announcement (announcement number 2025‑090) detailing the initiation of a lawsuit to protect its intellectual property rights.
| Item | Detail |
|---|---|
| Litigant Status | The Company is the plaintiff. |
| Opponents | 1. Suzhou Coordinate Intelligent Technology Co., Ltd. (坐标系) 2. Suzhou Shiru Qianshi Technology Co., Ltd. 3. Mr. Yan Shifu 4. Mr. Yang Kun 5. Mr. Zhang Zhen |
| Subject Matter | The Company alleges that the defendants obtained five patents through unlawful acquisition of the Company’s electronic mechanical braking system (EMB) core technology secrets. The patents are claimed to be infringed and improperly assigned to the defendants. |
| Court | Suzhou Intermediate People’s Court, Jiangsu Province. |
| Case Numbers | (2025) Su 05 Minchu 1255, 1256, 1257, 1258, 1259 |
| Stage | The cases have been filed; no hearings have yet taken place. |
| Estimated Economic Impact | Total claimed damages and reasonable protection expenses: 2.5 million CNY. |
| Effect on Operations | The Company states that the lawsuit is a legitimate measure to safeguard its innovation and shareholders’ interests and will not materially affect normal production or operations. The final impact will depend on the court’s ruling; the Company advises investors to consider potential risks. |
Legal and Financial Implications
- Intellectual Property Protection: The lawsuit underscores the Company’s commitment to defending its proprietary technologies, which are central to its competitive advantage in the automotive braking market.
- Financial Exposure: While the claimed damages amount to 2.5 million CNY, the Company has not indicated any immediate financial burden beyond legal fees.
- Operational Continuity: Management asserts that the litigation will not disrupt manufacturing, supply chains, or sales activities.
- Investor Advisory: The announcement advises shareholders to remain mindful of potential risks associated with litigation outcomes but notes that no adverse impact on current profitability is anticipated at this stage.
Market Context
Bethel Automotive Safety Systems’ share price closed at 44.76 CNY on 20 November 2025, within its 52‑week range. The company’s price‑earnings ratio of 20.96 reflects market expectations of future earnings growth tied to its product portfolio and export markets. The litigation, while a significant legal event, is described by the Company as unlikely to disturb its ongoing business momentum.
Conclusion
Bethel Automotive Safety Systems Co., Ltd. has formally initiated a lawsuit to protect its patented braking system technologies against alleged infringement by several defendants. The Company emphasizes that the action is a standard defense of intellectual property rights and is not expected to impede its normal operations or financial performance. Investors are encouraged to monitor court developments for any potential future impact on the Company’s financials.
