ST Tianyi: Subsidiary's raised funds special account of 46.39 million yuan has been judicially deducted.
ST Tianyi announced that due to a trade dispute between its subsidiary Tianqi Yiyang and Hengpeng Machinery, the Jiangyou People's Court recently deducted 463,900 yuan from its raised funds special account. The company was investigated by the Securities and Exchange Commission in May 2026, and for the 2025 financial year, an audit report was issued expressing inability to express an opinion and denying an opinion. The stock has been delisted and other risk warnings have been implemented. The company's debt repayment ability is limited, some accounts have been frozen, and the progress of the raised investment projects may be affected. Currently, the balance of all raised funds special accounts is 55.1168 million yuan, of which 3.2655 million yuan is frozen, accounting for 5.92%.
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