ST Tianyu: Due to a dispute over equity transfer involving litigation, the principal amount involved is 20 million yuan.

date
27/08/2025
*ST Tianyu announced on the afternoon of August 27th that the company recently received legal documents such as the "Civil Complaint" from the Qianhai Cooperation Zone Court. Due to a dispute over equity transfer, the plaintiff Shenzhen Qianhai Fumei Resource Investment Co., Ltd. filed a lawsuit against the company at the Qianhai Cooperation Zone Court, requesting the court to order the company to repurchase the equity of Wuhan Tianyu Education Technology Co., Ltd. held by the plaintiff and pay a buyback amount of 20 million yuan and profits of 12.7912 million yuan, as well as bear the litigation costs, guarantee fees, etc. This litigation matter has not yet been heard in court, and it is currently unable to determine the impact on the company's profits. The company is actively preparing for defense and taking legal measures to protect the company's legitimate rights and interests.