Doctorglasses Chain: Convertible bond approved, trademark ruling finalized

Doctorglasses Chain announced on December 18, 2025, that its application for issuing convertible company bonds to specific targets has been approved by the Shenzhen Stock Exchange Listing Review Committee. The issuance is subject to the China Securities Regulatory Commission's registration process, with the final outcome and timing uncertain.

Separately, on December 16, 2025, the Beijing Intellectual Property Court dismissed Doctorglasses Chain's appeal and upheld the original decision regarding its "DOCTOR & 图" trademark (Registration No. 1091684). This trademark, initially registered on May 21, 1996, and used since 1993, was previously challenged for non-use. The company noted that the ruling will not significantly impact its operations as it possesses other "DOCTOR & 图" trademarks (Registration Nos. 17924728 and 17924729) with similar patterns and services, ensuring continued normal use within its existing store network.

The litigation concluded with the company bearing the RMB100 court fees for both first and second instances. This judgment is final. The company reiterated that the verdict would not significantly impact its production and operations, as its self-owned brand products do not rely on the disputed trademark.