*ST Tianyi: The company and its wholly-owned subsidiary are involved in litigation and have entered the enforcement stage.
*ST Tianyi announced that the financial leasing contract dispute case involving the company, Chairman Wu Peifang, and its wholly-owned subsidiary Tianli Xintao as defendants has entered the enforcement stage, with an enforcement subject amount of RMB 37.7046 million and enforcement fees of RMB 105,100. The outcome of the enforcement in this case is uncertain, and if enforcement succeeds, it will have an adverse impact on the company's cash flow, asset condition, and production and operations. In addition, the company failed to repay idle raised funds of no more than RMB 300 million on schedule, and the Beijing Securities Regulatory Bureau has taken administrative regulatory measures ordering correction against the company and the relevant responsible persons, requiring completion of rectification within three months.
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