Company: XHG
Filing Date: 2025-01-22
Form Type: 20-F
Source: 0001213900-25-005499
Chunk: 100

Company: XChange TEC.INC
Filing Date: 2025-01-22
Form: 20-F
Item: Item 4
Chunk 100
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 the licensee shall guarantee the quality of such commodities. As with
trademarks, the PRC Trademark Law has adopted a “first come, first file” principle with respect to trademark registration.
Where the trademark for which a registration application has been made is identical or similar to another trademark which has already
been registered or been subject to a preliminary examination and approval for use on the same kind of or similar commodities or services,
the application for registration of such trademark may be rejected. Any person applying for the registration of a trademark may not prejudice
the existing right first obtained by others, nor may any person register in advance a trademark that has already been used by another
party and has already gained a “sufficient degree of reputation” through such party’s use.

The Patent Law

According to the Patent Law of the People’s
Republic of China (2008 Revision) promulgated by the SCNPC, and its Implementation Rules (2010 Revision) promulgated by the State Council,
the State Intellectual Property Office of the PRC is responsible for administering patents in the PRC. The patent administration departments
of provincial or autonomous regions or municipal governments are responsible for administering patents within their respective jurisdictions.
The Patent Law of the PRC and its implementation rules provide for three types of patents, “invention”, “utility model”
and “design”. Invention patents are valid for twenty years, while design patents and utility model patents are valid for
ten years, from the date of application. The Chinese patent system adopts a “first come, first file” principle, which means
that where more than one person files a patent application for the same invention, a patent will be granted to the person who files the
application first. To be patentable, invention or utility models must meet three criteria: novelty, inventiveness and practicability.
Except under certain specific circumstances provided by law, any third party user must obtain consent or a proper license from the patent
owner to use the patent. Otherwise, the use constitutes an infringement of the patent rights.

Domain Names

On May 29, 2012, the China Internet Network Information
Center, or the CNNIC issued the Implementing of the Rules for China Internet Network Information Center Domain Name Registration (2012
Revision), setting forth detailed rules for registration of domain names. The MIIT promulgated the Administrative Measures on Internet
Domain Name, or the Domain Name Measures on August 24, 2017, which became effective on November 1, 2017. According