*ST Yingfei: Wholly-owned subsidiary sues for payment, with an amount involved exceeding 114 million yuan.

date
14/08/2026
STMicroelectronics announced that on August 13, 2026, its wholly-owned subsidiary, Xinpuhulian, received a "Case Acceptance Notice" issued by the Shenzhen Intermediate People's Court. Xinpuhulian holds a total remaining claim of 109 million yuan against Zhangku Company, which is overdue. Liu Zhaohuai has previously pledged 70 million shares of the companys stock as security for part of the debt, with a remaining amount of 86.2643 million yuan. Xinpuhulian requests a ruling for Zhangku Company to return the principal and other amounts totaling 114 million yuan, and reserves the right to be prioritized for payment from the proceeds of the 70 million shares of stock pledged by Liu Zhaohuai, within the 86.2643 million yuan. The case has not yet been heard, and the impact is undetermined.