TCL Zhonghuan Subsidiary Withdraws Suit! Settlement of patent lawsuits of two photovoltaic enterprises

According to foreign media reports,

Earlier, on April 22, 2024, Maxeon announced that it had filed a lawsuit in the Eastern District Court of Texas, accusing Hanhua of infringing its related TOPCon technology patents.

In response to the withdrawal of the two companies, the Texas court's claim against Maxeon ended the case with prejudice, while the counterclaim against Hanwha ended without prejudice.

Note: "with prejudice" means that the case is permanently closed and the application cannot be filed again; "without prejudice" means that the case is temporarily closed and may be reopened thereafter.

Although the above case has been applied for withdrawal, in the face of the final closure of Maxeon's application by the Texas court, some media believe that this represents the court's lack of confidence in Maxeon's ability to prove the validity of its patent and the fact of infringement.

Digital new energy DataBM.

First, it is temporarily at a disadvantage in the "patent war". In November 2023, Maxeon launched a TOPCon patent infringement investigation in the United States. In addition to the above lawsuit against Hanwha, Maxeon also filed patent lawsuits against Atlas and REC Solar almost at the same time.

At present, there is no latest public development in the case between Maxeon and REC Solar; however, the confrontation with Atlas has suffered a substantial blow. On January 14

, 2026, Atlas announced that The Patent Trial and Appeal Board (PTAB) of the United States Patent and Trademark Office (USPTO) has made a final decision on the validity of the TOPCon battery patents filed by Maxeon Solar (hereinafter referred to as "Maxeon") against Atlas Solar Power Group: it has found that several patents filed by Atlas Group are invalid. Zhang Chengli declared that the claims of Maxeon's patents used to sue Atlas Group in the United States were invalid .

Second, the products were detained by the US Customs and were in deep trouble. Since July 2024, Maxeon imported PV " from Mexico to the United States. Although Maxeon made protests and complaints during this period, they were rejected by the United States.

Affected by the above events, Maxeon's performance has experienced a serious decline, and the enterprise is facing tremendous operational pressure. In late

April, Maxeon announced that it had received notification from Nasdaq that it had decided to delist the company from the Nasdaq Global Market. Meanwhile, trading in Maxeon shares has been suspended since the market opened on May 1.

This means that Maxeon will be delisted from the NASDAQ Global Market. In response, the company has filed an appeal application requesting a hearing by the Nasdaq Hearing Panel.

At the same time, Maxeon and its subsidiary Maxeon Solar Pte Ltd. Have voluntarily jointly applied to the High Court of Singapore for entry into the judicial management process. And apply for the appointment of the Deloitte Singapore SR, the TRestructuring Services Pte.