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#13200658 Apr 19, 2017 at 09:10 PM
2992 Posts
But several related listed companies that the ruling has little effect on its business. In addition, ITC also issued a general exclusion order, the US Customs subsequently will be in accordance with the order to limit the import of related products, but has entered the United States and the inventory of products will be based on the ITC ban to destroy Or pay the deposit.
In addition, ITC also ruled that if China to strengthen the floor also want to sell in the US market, you must pay Unilin a one-time payment of 100,000 to 120,000 US dollars, plus $ 0.65 per square meter royalties. Insiders pointed out that although the respondent is 18 China's wood flooring business, but in fact 337 ruling on all the wood flooring enterprises in China have a legal effect.
Therefore, the final result means that many of our country to strengthen the floor business or "go away" to give up the US market; or "spending money" to Unilin company to pay high royalties. According to the China Forest Products Industry Association statistics, China's annual exports to the United States to strengthen the wood floor of about 30 million square meters.
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