Chapter 243 Bosch: Where did they get their technology?
Chapter 243 Bosch: Where did they get their technology?
As for the fourth piece of evidence, it left Fang Ping speechless.
All he could say was, "Who would call it a lose-lose situation when they're in court?"
Indeed, in his view, the so-called fourth piece of evidence was not evidence related to the case at all, but rather a GG from Chuanyin.
At the same time, Zhou Zhen has released the test report of Huakong Smart ESP Pro.
After the reporter took a picture of the parameter description below, Zhou Zhen spoke with a righteous air.
"Transsion has found an alternative supplier. Huakong's ESP system has passed national standard certification and its performance is comparable to Bosch 9.0."
Therefore, although Bosch's supply cut-off caused actual losses to Transsion, it did not deal a fatal blow.
However, this only proves Bosch's malicious intent in cutting off supplies; it's not that they can't supply, but that they don't want to.
The judge glanced at the report and nodded.
"The list of losses for Transsion is ready."
"It's ready." Zhou Zhen took out a document. "Order default penalties, production line shutdown losses, brand image losses, and late payment fees for deposits total 37.58 billion yuan."
He handed over the documents, which the judge took and glanced at briefly before looking in Bosch's direction.
"Bosch, do you have any objections to the amount of compensation?"
Fang Ping immediately stood up, after all, this really was quite similar to loan sharking.
From single digits at the beginning to starting with 3 now...
"Yes, the amount claimed by the plaintiff far exceeds the actual losses..."
"Your Honor," Zhou Zhen interrupted Fang Ping, "we have evidence to prove that Bosch's decision to cut off supplies was malicious and premeditated."
According to Article 113 of the Contract Law, the party that breaches the contract maliciously shall compensate the non-breaching party for all losses, including lost profits.
The figure of 37.58 billion is a precise calculation, and every single transaction is verifiable.
He handed over a thick stack of receipts.
The judge took it and flipped through it.
The evidence is indeed very strong; Bosch was also corrupt if they hadn't trusted those other companies...
Of course, the final judgment will be made after careful consideration...
"Does Bosch have any objections to the authenticity of the evidence?"
Fang Ping slowly shook his head.
What objection could he possibly have? Those documents were all financial records of the transfer, including bank transfer screenshots, original contracts, and production line shutdown reports.
Each document has an official seal, a signature, and a date.
Of course, there might be some manipulation regarding the actual losses, but the judge might at most favor them in the trial, and the final result will definitely be fair and just.
"No objections?" Fang Ping's voice was very low.
"Then the court is adjourned." The judge struck the gavel. "Regarding the amount, we need to discuss it in detail. The verdict will be announced at 2 PM this afternoon."
…………
In the audience, reporters stood up and rushed out to file their stories.
#Bosch completely defeated#
#Verdict announced this afternoon, fastest supplier lawsuit in history#
#Domestic ESP systems have caught up#
#Esp price plummets#
There were reporters among them, as well as some media outlets arranged by Transsion. The Esp system battle royale had begun.
When the news spread, at Bosch's headquarters in Shanghai, Muller sat in his office, looking at the price curve on his computer screen, and suddenly felt he needed to go downstairs to buy a cup of coffee.
The kind that doesn't involve taking the stairs or elevators.
But before he could even take action, a call came from German headquarters.
"Hans, you told me that Transsion would drop the lawsuit."
You promised that the courts in China would not rule against us.
Franz Freunbach's words were not only sarcastic but also brimming with murderous intent.
Franz Freunbach was so angry not just because of the series of rubbish things he had done.
After all, as a monopoly, they can cut off the supply of goods to whomever they want.
Even if they sue, even if the court rules in their favor, they will not pay this penalty. This is the confidence of Bosch as a monopoly.
After all, having technology really allows you to do whatever you want; buy it or not, or if you don't want to buy it, you don't have to use it.
Hans Müller's arbitrary supply cut-off is a clear case of making an example of someone to warn other companies.
Not only is there no problem, it's actually a good thing.
The real reason he was angry was that a high-performance ESP system had appeared in China, and the Chinese branch was completely unaware of it.
Even when the trial was about to begin, neither party learned of the outcome.
This not only demonstrates their exceptional research capabilities, but also signifies the end of their monopoly on ESP systems.
The market reacted correctly; Bosch's stock price fell by 4% immediately after the Frankfurt market opened and is still declining.
"Mr. Franz Freunbach, I..."
"You still don't understand where your problem lies?"
That's enough, handle it yourself!
After you clean up this mess, someone will take your place next week.
The call ended, and Muller put down his phone, wondering whether he was going to be fired or...
2 PM, Guangzhou Intermediate People's Court.
When the judge walked in, everyone stood up.
"Transsion Technology's lawsuit against Bosch China for malicious breach of contract is now being announced."
The judge reads the verdict.
"The investigation revealed that Bosch China unilaterally stopped supplying ESP systems to Transsion Technology, citing tight production capacity."
However, evidence shows that Bosch increased its supply of the same product to other customers by 30% during the same period, rendering Bosch's claim of force majeure invalid and constituting a malicious breach of contract.
Fang Ping lowered his head, remaining silent, only silently praying in his heart that the compensation would be less.
They were indeed too arrogant, which dragged down the company internally; the company was like a wall with leaks everywhere.
According to Article 113 of the Contract Law, Bosch should compensate Transsion Technology for all its losses.
However, after investigation and review, it was found that although each item in the list of losses submitted by Transsion was supported by contracts, financial documents or audit reports, it still exceeded the normal compensation standard.
The court does not fully support Transsion's claim for damages. According to relevant laws, Bosch should compensate Transsion for losses of 26.78 billion yuan.
In the audience, some people started discussing: "26.78 billion, that's not much different from before."
This still cost Bosch its life.
"What's this little bit of money? A slight drop in stock price would amount to more than this, okay?"
"After investigation, it was found that Bosch's supply cut-off was a strict commercial breach of contract. Bosch China must issue a public apology for its dishonest behavior in major national media outlets and automotive industry publications within 15 days of the judgment taking effect."
"This case has been included in the typical commercial cases of the Yangcheng Intermediate People's Court and reported to the Automobile Industry Association."
"If you disagree with the judgment, you may appeal to the Quang Nam Provincial High Court within 15 days."
The judge put down the verdict and looked at the defendant's dock.
Court adjourned.
Fang Ping stood there, knowing that appealing would be useless. The evidence was too strong, and the provincial high court would not overturn the original judgment. At most, an appeal would only reduce or increase the amount of compensation.
Not worth the candle.
He picked up his phone and sent a message to Muller, but there was no reply.
When the person delivering the message walked out of the courthouse, dozens of media outlets had already gathered at the entrance.
Liu Fang stood on the steps facing the camera and only said one sentence:
"Fairness is the bottom line of a market economy, and anyone who crosses this line will pay the price."
In addition, Huachuang Technology's ESP Pro system performs very well, and its price is only 60% of Bosch's comparable products. We need to accelerate the popularization of the ESP system.
Upon hearing this, Fang Ping instantly understood why Muller wasn't replying to his messages; he figured he'd be meeting his new leader soon.
That evening, Shen Fei posted a picture on his Weibo account.
The image shows the cover of the judgment and the production line of Huakong Intelligent Driving.
"Thanks to our competitors for holding us back, we've been able to build a better ESP."
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