Chapter 182 Patent Application Company (Supplement V)

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After the Canton Fair, Li Weidong did not return to Qinghe immediately, but came to Hong Kong Island.

Donald Law Firm, Li Weidong met Zheng Jianan, a beautiful lawyer.

Lawyer Zheng, do you still remember what I mentioned last time about opening a company on Hong Kong Island? At that time, I didn't think it was necessary. Now I'm afraid I really have to set up a company. Li Weidong said.

As long as you have a legal identity, it is easy to register a company on Hong Kong Island. Zheng Jianan paused, then said, Mr. Li, do you need me to help you fill in the relevant forms for company registration?

Lawyer Zheng, if I just fill out the form, I won't use it to find you! Li Weidong smiled slightly and then said, What I plan to set up is a patent operation company.

Mr. Li, it doesn't seem necessary to set up a patent operation company just for an air fryer patent, right? Zheng Jianan said.

The patent for the air fryer is only the first one, and there will be many more patents in the future, Li Weidong replied.

Zheng Jianan felt that Li Weidong was a little bragging. After all, Zheng Jianan is a beautiful woman, and there are not a few men who brag in front of her and want to attract her attention. Zheng Jianan is no stranger to this.

I saw Zheng Jianan smiled slightly, and said politely, I didn't expect Mr. Li to be an inventor.

Li Weidong went on to say: Even if there are no other patents in the future, it is worthwhile to set up a patent operation company for the patent of this air fryer.

Mr. Li is very optimistic about the air fryer market? Zheng Jianan asked casually.

I estimate that in the next few years, the air fryer will create a market of hundreds of millions of dollars. Li Weidong replied.

Zheng Jianan smiled slightly, and the ridicule in the smile flashed by. She had seen a lot of bragging, but there were very few who could brag like Li Weidong, and it was the first one that cost hundreds of millions of dollars in one mouth.

Zheng Jianan really wants to say, whoever pee is yellow, hurry up and wake him up!

Li Weidong went on to say: Before Hong Kong Island, I just attended the Canton Fair. This air fryer bought more than 40,000 units at the Canton Fair and won an order of 12 million US dollars.

Twelve million US dollars? Zheng Jianan was stunned for a moment. Based on the conversion of 1 US dollar to 7.8 Hong Kong dollars, this is 93.6 million Hong Kong dollars, which is close to 100 million.

Li Weidong continued: After all, the air fryer is a new product, and it takes time for the market to accept a new product, so I predict that this year's air fryer market will be around 200,000 units, but next year, the market demand will be high. It is very likely that the volume will reach 300,000 to 400,000 units, and it will reach 1 million units in five years.”

If the air fryer can really achieve the sales you said, then it is indeed worth setting up a patent operation company for it. Zheng Jianan said, but he was still unconvinced.

Li Weidong asked abruptly, I wonder if Attorney Zheng is interested in this patent operation company?

Mr. Li, I don't quite understand what you mean. Zheng Jianan said.

I would like to invite lawyer Zheng to manage the daily affairs of the patent operation company. Li Weidong continued: This is also the purpose of my visit this time.

Zheng Jianan smiled and said, Mr. Li, how much salary do you plan to pay me? Our lawyer's salary is not low! If your salary is not high enough, I won't quit.

Not a penny! Li Weidong continued: But I can give you 20% of the shares.

Zheng Jianan didn't look moved at all. On Hong Kong Island, the threshold for registering a company is very low, so Hong Kong Island is also full of various leather bag companies. A leather bag company holds 20% of the shares, but Zheng Jianan has no interest at all.

Li Weidong went on to say: I registered this patent operation company just in case. The main business of the patent operation company is to collect patent fees. If someone infringes, send them a lawyer's letter.

To stop their infringement, the business is not complicated. Attorney Zheng can completely treat this as a part-time job, and it can be done easily.

Why do I think you're looking for free labor! And this free labor is also a lawyer. Zheng Jianan joked.

Lawyer Zheng misunderstood. As a shareholder, you can get dividends. How can you say it's free labor! Li Weidong said with a smile.

Zheng Jianan shook his head: Mr. Li, I'm very sorry. As a lawyer, I'm usually busy with my work. I'm afraid I don't have time to help you manage the company. I appreciate your kindness.

Lawyer Zheng, do you think I'm a liar? Li Weidong had already seen through Zheng Jianan's mind.

Zheng Jianan didn't speak, which was equivalent to acquiescence.

Li Weidong simply took out a stack of documents from his bag and handed them to Zheng Jianan, then said, Lawyer Zheng, this is the order contract I signed at the Canton Fair, which also includes Wal-Mart, a top American retailer.

Zheng Jianan took over the contract and looked at it at a glance. Later, he simply looked at the amount directly.

The purchase of 20,000 units is 5.7 million US dollars!

Walmart purchased 10,000 units for $2.85 million!

Zheng Jianan looked at the contracts one by one, and silently accumulated the familiarity of the contracts in his heart, and there really was more than 12 million US dollars.

Your air fryer really sold for 12 million dollars? Zheng Jianan's expression finally changed, her eyes widened in surprise.

At this moment, Zheng Jianan finally understands that Li Weidong is not bragging.

Commodities worth 12 million US dollars, even if calculated at a 10% profit, are 1.2 million US dollars, which is equivalent to nearly 10 million Hong Kong dollars.

In other words, the young man from this continent turned out to be a multi-millionaire!

At this time, Zheng Jianan looked at Li Weidong again, and she suddenly felt that Li Weidong was still a little handsome.

The multi-millionaire in 1988 is still a handsome guy, why don't you just call him husband!

Li Weidong said sincerely: Lawyer Zheng, you should be more detailed now. I'm not a liar, I sincerely hope you can join.

Zheng Jianan's mind quickly calculated.

According to international practice, the patent licensing fee will account for 5% of the product price, and the highest will not exceed 10%, so if the patent fee is officially charged, the order of 12 million can be charged at least 600,000 US dollars of patents fee.

20% of the shares can get a share of 120,000 US dollars, which is close to 1 million in Hong Kong dollars!

In Hong Kong Island in 1988, even a lawyer with excellent earning ability, it is not easy to earn 1 million.

Of course, the order of 12 million US dollars was signed before the establishment of the patent operation company, so the patent operation company could not receive the patent fee.

However, this order also proves that the market value and future potential of air fryers, if it is really like Li Weidong said, this is a big market of hundreds of millions of dollars, then the annual patent fee alone will be 5 million, Zheng Jianan casually Get a million dollars.

Thinking of this, Zheng Jianan was finally moved.

...

The appearance of Hanaya Saburo alerted Li Weidong. From the time he was on time, he made a decision to set up a patent operation company to be responsible for patent matters.

The air fryer has applied for a patent in the PCT. Of course, this patent company is located overseas, and there is no such policy and conditions in China. Therefore, Hong Kong Island is Li Weidong's only choice at present.

At that time, China was not a signatory country of the PCT, so Li Weidong registered a patent in the country alone, but registering a patent in the country was more like an oath of ownership. Li Weidong did not expect the country to help him protect his patent.

The main business of the patent operating company is nothing more than two, one is to make money from patents, that is, to collect patent fees, and the other is to pursue legal responsibility of infringers.

Therefore, the patent application company must need a person who is proficient in the law, preferably a special lawyer, who can send a lawyer's letter to the infringer at any time.

So Li Weidong brought Zheng Jianan into the team, mainly because Li Weidong was unfamiliar with his life on Hong Kong Island and did not know other lawyers.

The business environment on Hong Kong Island is indeed very open. Registering a company is a very simple matter, and the company registration is completed by filling out a few forms.

The company was registered in a hurry, and Li Weidong did not deliberately design the company name. He simply chose the name of Southeast Company, which was chosen from the names of the two shareholders of the company.

East is naturally Li Weidong's east, and south is the homophonic sound of male in Zheng Jianan's name, which adds up to southeast.

The first business after the establishment of Southeast Patent Operation Company was to sign a patent transfer agreement with Li Weidong. Li Weidong transferred the patent of the air fryer to the Southeast Company at the price of HK$1.

Li Weidong signed his name on the transfer agreement, and Zheng Jianan handed a 1-yuan Hong Kong dollar coin to Li Weidong.

Is that all right? Li Weidong asked.

You still need to sign a license agreement. Zheng Jianan explained: Now you have transferred the patent of the air fryer to the Southeast Company, and your electric furnace factory, if you want to continue to produce air fryer, you must Obtain the authorization of the Southeast Company, otherwise it is an infringement. So now you have to sign a patent license agreement for the electric furnace factory.

Li Weidong smiled: Even if I don't sign, the Southeast Company can still sue me? Didn't I sue myself?

It is legal to file a lawsuit. Zheng Jianan added: Even if both companies are yours.

Then should I stand in the plaintiff's seat or the defendant's seat? Li Weidong asked.

Zheng Jianan thought for a while and replied, You should stand in the dock, the plaintiff is where I stand.

Li Weidong nodded silently, and then said: If I don't sign the patent licensing agreement, then the electric furnace factory is infringing, but as long as the Southeast Company does not resort to legal channels, can the electric furnace factory continue to produce and sell air fryers? pot?

Intellectual property rights belong to civil rights, so intellectual property cases are also civil litigation cases. The law protects civil rights, and the right holder's waiver of accountability does not mean that the perpetrator's behavior is not illegal.

Zheng Jianan paused, then explained: In intellectual property cases, if the right holder gives up accountability, it will form a situation of 'constituting infringement, but not taking responsibility'.

That is to say, as long as the Southeast Company says it will not pursue the infringement, any manufacturer can continue to produce and sell air fryers, so that it does not have to bear legal responsibility.

But there is one thing that needs to be explained. A waiver of accountability does not mean that the right holder loses his rights. Legally, the right holder can go back and repent at any time, and then hold accountable for the infringement.

So it is! Li Weidong nodded, and then said; Then I will not sign this patent licensing agreement.

Why? Zheng Jianan asked in confusion.

Li Weidong sighed: Because running a business in the mainland is not an easy task!