Announcement on Receiving Execution Notice and Debt Default Progress

ST United Co., Ltd.·June 10, 2026·2 pages

✨ AI Summary

The company received an execution notice from the Beijing Third Intermediate People's Court regarding a debt of RMB 122,462,625. This follows a previous announcement about overdue loan interest and principal. The company will comply with the notice and is monitoring the situation, with financial impact to be detailed in the annual audit report.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 300447 Securities Abbreviation: ST Hezong Announcement No.: 2026-034 Hezong Technology Co., Ltd. Announcement on Receiving Execution Notice and Debt Default Progress The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and have no false records, misleading statements, or major omissions. Key Information Prompt:

The Company's party status: Judgment Debtor
Amount involved: RMB 122,462,625
Impact on the Company's profit and loss: According to the execution notice, the Company is obligated to pay the overdue amount, delay interest, and execution fees. The specific accounting treatment and impact will be subject to the Company's annual audit report. I. Basic Situation of This Execution Matter Due to pressure on business collections and liquidity issues, Hezong Technology Co., Ltd. (hereinafter referred to as the "Company") has defau

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.