ST Tianyi: The Chengdu-Chongqing Financial Court ruled in the first instance that the company and its subsidiaries must pay a total of 99.7565 million yuan in debt.

*ST Tianyi Announcement: Tianyi Company and its wholly-owned subsidiaries, Mianyang Tianyi and Tianli New Pottery, are being sued by Jiangyou Agricultural and Commercial Bank for a financial loan contract dispute. On May 16, 2026, the Chengdu-Chongqing Financial Court ruled in the first instance that Tianli New Pottery must pay Jiangyou Agricultural and Commercial Bank an outstanding loan principal of 99.7565 million yuan and late fees of 2.688 million yuan as of November 11, 2025. Starting from November 12, 2025, with the outstanding loan principal of 99.7565 million yuan as the base, at an annual interest rate of 4.62%, they must pay the late fees until the principal is fully repaid. Jiangyou Agricultural and Commercial Bank has priority repayment rights for the auction and sale proceeds of 18 real estates under the name of Mianyang Tianyi, with a maximum debt amount limit of 418 million yuan. Tianyi New Materials shall jointly assume the above-mentioned debt repayment responsibility. The filing fee of 546,900 yuan shall be borne by Tianli New Pottery, Mianyang Tianyi, and Tianyi New Materials.