What does the patentee mean?

Legal subjectivity:

The patentee is the owner and holder of the patent right. That is, when the patent application is approved, the patent applicant is granted the patent right. The patentee can be a unit or an individual. The patentee thinks as follows: 1. The obligation of the patentee is mainly to pay the annual patent fee. Article 43 of the Patent Law stipulates that the patentee shall pay the annual fee from the year when the patent right is granted. Failure to pay the annual fee as required may lead to the termination of the patent right. 2. The patentee shall not abuse the patent right, monopolize the patent right or engage in unfair competition. 3. The patentee shall timely implement the patent. Where the patentee does not exploit the patent or does not permit others to exploit the patent, he may apply for a compulsory license.

Legal objectivity:

Article 10 of the Patent Law of People's Republic of China (PRC) * * * The patent application right and patent right can be transferred. Where a unit or individual in China transfers the right to apply for a patent or the patent right to a foreigner, foreign enterprise or other foreign organization, it shall go through the formalities in accordance with the provisions of relevant laws and administrative regulations. Where the right to apply for a patent or the patent right is transferred, the parties concerned shall conclude a written contract and register it with the patent administration department of the State Council, which shall make an announcement. The transfer of the right to apply for a patent or the patent right shall take effect from the date of registration. Article 39 of the Patent Law of People's Republic of China (PRC) Where an application for a patent for invention is rejected after substantive examination, the patent administration department of the State Council shall make a decision to grant the patent right for invention, issue a patent certificate for invention, and register and announce it at the same time. The invention patent right shall take effect as of the date of announcement.