Guangzhou Pharmaceutical Holdings has increased its claim for compensation from competitor JDB Drinks and Food Co from 1 billion yuan ($160 million) to about 2.93 billion yuan for alleged violation of its trademark. As part of the long-running dispute, Guangzhou Pharmaceutical sued six companies including JDB last year for infringement on the noted Wong Lo Kat brand from 2010 to 2012. The suit alleges the net profit of the six companies for two years was 2.93 billion yuan.
Source: sse.com.cn
