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Can a company be an applicant for a geographical indication trademark?

No.

Geographic indications are regional public resources. The registrant of a geographical indication trademark shall be a local not-for-profit group, association or other organization, generally a social group legal person or a public institution legal person, whose business scope is related to the geographical indication products under supervision.

Applicants for geographical indications must be authorized by the people's government at or above the county level or industry authorities in the area marked by the geographical indication to apply for registration and supervise and manage the geographical indication.

The specific user of a geographical indication trademark must be a producer or operator from the area indicated by the geographical indication.