According to documents submitted to the U.S. Securities and Exchange Commission (SEC), Tianrui Company officially signed a settlement agreement with software giant SAP on February 19, aiming to fully resolve the legal disputes between the two parties.

This move marks a key turning point in the months-long litigation tug-of-war between the two technology companies. The conclusion of this settlement agreement not only avoids the uncertainties that could arise from a lengthy judicial process, but also demonstrates both parties’ pragmatic approach to resolving disputes through commercial negotiation. Analysts point out that this settlement will help Tianrui Company focus more resources on the development of its core business, while also leaving room for potential future business cooperation. It is worth noting that the details of this settlement have not yet been fully disclosed, but SEC filing documents have confirmed the legal validity of the agreement. The market is generally watching whether this settlement will have a substantive impact on Tianrui Company’s subsequent financial reports, as well as how its competitive landscape with SAP in the enterprise software market will evolve.