Zhongshan will invest 1 million to support lighting companies to buy "patent insurance"
Established in 1956, during the China first five-year-plan, Henan Xintaihang Power Source Co., Ltd. (Factory No.755) was the first R&D and manufacturing enterprise in China in the field of alkaline storage batteries and modular power system and it was also the military factory which owned the most varieties rechargeable batteries in domestic. Taihang was located in national Chemistry and Physicals Power Source Industrial Park, Xinxiang City, Henan, China.
Extra High Dishcharge Rate Nickel Cadmium Battery, KPX10 ~ KPX240, Max. discharge current ＜10C
The nickel–cadmium battery (NiCd battery or NiCad battery) is a type of rechargeable battery using nickel oxide hydroxide and metallic cadmium as electrodes. The abbreviation NiCd is derived from the chemical symbols of nickel (Ni) and cadmium (Cd).
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It is reported that this is an insurance specially designed for the infringement of patents of lighting companies. Enterprises are insured according to their needs. The benchmark premium is 2,000 yuan, and the premium is increased by 400 yuan/piece. The total accumulated compensation for enterprises is 15 times.
Chen Xichong introduced that the financial product was commissioned by the Intellectual Property Office and was designed in Zhongshan Guzhen. Both the town and city finances have invested a certain amount of premium support for the promotion of this product. At present, the premium is borne by the enterprise, the town government and the Zhongshan Municipal Intellectual Property Office in proportion to 4:3:3. It is reported that the city's fiscal budget this year invested 1 million yuan to support enterprises to purchase "patent insurance." Chen Xichong revealed that the funding for support for "patent insurance" will increase significantly next year. 