LYC reiterates the genuine sales channels and cracks down on counterfeit and illegal sales

Recently, LYC issued an official announcement to explain the market circulation of LYC brand bearing products, clarify the genuine sales channels, and make a solemn statement on the counterfeit and shoddy products and unauthorized sales in the current market.

The announcement pointed out that during the recent market inspection, it was found that some merchants, individual operators and some e-commerce platforms sold LYC brand bearing products at low prices without the company's authorization. Such behavior not only destroyed the company's existing market circulation order and price system, but also affected the brand reputation, and at the same time infringed the rights and interests of formal authorized dealers and end users.

In order to protect the brand reputation and maintain market order, LYC reiterated that its product sales are limited to the following formal channels: authorized dealers, offices established in various places, company-affiliated sales departments, and officially certified online e-commerce platform stores. For products not sold through the above channels, the company does not provide quality assurance, and the relevant responsibilities shall be borne by the seller.

In terms of product authenticity identification, the company has also made clear regulations: Any product that cannot produce a legal purchase certificate (such as a purchase and sales contract, invoice, authorization letter), or lacks the original factory anti-counterfeiting certificate, internal and external packaging, identification labels and other key accessories, may be identified as a counterfeit product.

In response to infringements, LYC said it will take a series of rights protection measures. For suspected counterfeit goods, the company will jointly investigate and deal with them in accordance with the law with the market supervision department, and investigate the legal responsibilities of the relevant responsible persons. In addition, any misappropriation of LYC brand logos, product images, technical parameters and other information for false propaganda will also be held accountable in accordance with the law.

The company requires all companies or individuals who sell LYC products without authorization to remove the relevant products and delete the infringing content within 7 working days from the date of this statement. For those who refuse to cooperate, the company will resolve it through legal channels, including reporting to the regulatory authorities and filing civil lawsuits.

At the same time, LYC calls on all contracted dealers to actively participate in the maintenance of market order, not to supply goods to unauthorized channels, and actively report violations in the market. For authorized dealers who are found to have violated the regulations, the company will deal with them seriously in accordance with regulations.

Finally, LYC Bearing reminds users that in order to protect their legitimate rights and interests, please purchase LYC brand bearing products through formal channels and properly keep the purchase receipts and product-related accessories. If you have any doubts about the purchased products, you can consult or report through the customer service hotline or designated email address. The company promises to reward effective reports and keep them strictly confidential.

This statement shows LYC Bearing Group's firm position in brand protection and market management, and also provides strong support for the healthy and sustainable development of the LYC brand in the circulation market.