How Much Impact Does This 337 Survey Have on the Precision of Instant Messaging?

On January 24, it was reported that the United States International Trade Commission (ITC) voted to launch 337 investigations on specific electrical connectors and cages, their components and downstream products. Lixun Precision Industry Co., Ltd. and Dongguan Lixun Precision Industry Co., Ltd. are involved!

The investigation began on December 18, 2020, when Amphenol filed an application with the U.S. International Trade Commission, accusing five enterprises, including Lixun precision and its subsidiary Dongguan Lixun precision, of exporting, importing or selling specific electrical connectors and shells and their components and downstream products to the United States of infringing their patent rights, Request the US International Trade Commission to issue limited exclusion orders and prohibition orders.

In other words, after a month of process approval, the US International Trade Commission finally decided to start the investigation.

So, how much impact does this 337 survey have on the precision of Lixun?

On December 21, 2020, Lixun precision issued a statement and announcement on the 337 investigation. According to the company's internal verification, the company currently has five U.S. patents related to the 337 investigation, including conductive plastic technology and terminal horizontal row injection molding technology, which are independently developed, designed and applied to high-speed external IO connector products by the company. According to the statement, after learning about the matter, Lixun precision established a special working group and hired American lawyers to actively respond to the 337 investigation. This also means that in the face of the investigation launched by the US International Trade Commission, Lixun precision has made a more adequate response.

In response to this survey, Lixun precision also responded to the media yesterday that this 337 survey will not have a substantive impact on the company's current production and operation.

It is reported that Lixun precision was established in May 2004 and landed in a shares on September 15, 2010. The initial industry of Lixun precision is connector, which once became the leader of domestic connector. Through mergers and acquisitions, equity participation and new establishment, Lixun precision has carried out vertical integration and horizontal business expansion, and gradually grown into a leader in the precision manufacturing industry.

At the same time, the performance and market value of Lixun precision also rose all the way. It officially broke through the 400 billion yuan mark in July 2020. At present, the latest market value of the company is 403.7 billion yuan.

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