So, I really didn't want to go off the topic, sorry about that
adamantium,
Will Prowse, and all guys following this thread.
However, I can't ignore the repeated attempts to smear our company, and we must also respect our users and current partners. As we have already made a statement before, I will make a brief statement here again:
1) Lawsuit?
Yes. There is a legal dispute between Huayu new energy and Lux Power.
2) The current status of this legal dispute?
Still under judgment at the court in China, no result yet.
3) What does Huayu want from this legal dispute?
To extend the exclusivity of selling Lux Power inverters (the version for the US market).
4) What does Lux Power want from this legal dispute?
To end all cooperation with Huayu.
5) Are we confident that we can keep selling our own products in the US?
Yes.
As an independent company owning all the IP we worked out by ourselves, we have the right to choose who we want to partner with. Even if there's a price to pay to end the agreement with someone, we will respect the law by paying the price. The dignity and independence of a company are priceless, and no company would tolerate these things being violated by others.
6) Is any individual or company involved in the firmware/hardware development of Luxpower products?
No.
6.1) If anybody from any company says otherwise, please provide the proof. We keep zero tolerance for this, and if there is conclusive evidence that any distributor or OEM distributor has violated this, we will not hesitate to terminate the cooperation no matter how big the business opportunity they have brought or will bring to us.
6.2) Some distributors may propose innovations or customization at the application or interface level and hope to be protected for a certain period of time. We will do so based on the agreement agreed upon by both parties.
6.3) We believe that any distributor should win customers based on their business reputation and service quality, rather than deceiving consumers by exaggerating or changing concepts to undermine the efforts of our own team and engage in unfair competition with other distribution partners.
7) Closing remarks.
We hope that our primary core value will always be centered around our users, with "better products + services" as our first priority. Therefore, I do not want to state who is right or wrong here, the fact will always be told by time, and the judge at the court will make the final decision. If it is proven that we made a mistake by signing an unfair agreement that harms our company, we are willing to pay for our mistake. However, our goals and how we respect the hardworking Lux Power team will not change.
I don't want to make any further statements on this matter unless there are further developments. To respect the "transparency" with our partners, when there is a result regarding this matter, no matter how it goes, we will disclose it immediately.
Thank you so much for all your help and attention to Lux Power!