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*ST Tianyi announced that the financial leasing contract dispute involving the company, Chairman Wu Peifang, and the wholly-owned subsidiary Tianli Xintao as defendants has entered the execution stage. The execution target was 377.046 million yuan, and the execution fee was 105.1 million yuan. There is uncertainty about the execution results of this case. Successful execution will adversely affect the company's cash flow, asset status, and production and operation. Furthermore, the company failed to return less than 300 million yuan of idle raised capital on schedule. The Beijing Securities Regulatory Bureau took administrative supervision measures ordering corrections against the company and those responsible, requiring that the rectification be completed within three months.
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*ST Tianyi announced that the financial leasing contract dispute involving the company, Chairman Wu Peifang, and the wholly-owned subsidiary Tianli Xintao as defendants has entered the execution stage. The execution target was 377.046 million yuan, and the execution fee was 105.1 million yuan. There is uncertainty about the execution results of this case. Successful execution will adversely affect the company's cash flow, asset status, and production and operation. Furthermore, the company failed to return less than 300 million yuan of idle raised capital on schedule. The Beijing Securities Regulatory Bureau took administrative supervision measures ordering corrections against the company and those responsible, requiring that the rectification be completed within three months.
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