ST Wanbang: Non-operating occupation of funds by the controlling shareholder has been fully repaid.
ST Wanbang announced that the company previously discovered through self-inspection that controlling shareholder Wanbangde Group and related parties had engaged in non-operating fund occupation. As of June 30, 2026, the balance of non-operating fund occupation was 94.9096 million yuan. As of September 24, 2026, the company's wholly-owned subsidiary had cumulatively received 94.9096 million yuan in cash remitted by controlling shareholder Wanbangde Group and related parties, and the aforementioned non-operating fund occupation has been fully repaid. The company will strengthen learning on standardized operations for relevant parties, prevent similar situations from recurring, and safeguard the legitimate rights and interests of the listed company and minority shareholders. Investors are kindly reminded to pay attention to investment risks.
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