Tungray Technologies Inc (TRSG) Form 6-K — Aug 18, 2026
Tungray Technologies disclosed that its subsidiary Qingdao Tongri Electric Machines provided four undisclosed guarantees totaling up to RMB110 million to secure loan obligations of Qingdao Fudingtai Intelligent Technology, a company controlled by Tungray's major shareholder, Chairman, Director and CEO Wanjun Yao. The Audit Committee resolved on August 15, 2026 to engage independent legal counsel to conduct an independent review of the guarantees and related matters.
Key figures
- Ccb Guarantee1 Date
- March 2020
- Ccb Guarantee2 Date
- February 2022
- Icbc Guarantee Date
- September 2025
- Ccb Guarantee1 Max Rmb
- 35000000
- Ccb Guarantee2 Max Rmb
- 50000000
- Icbc Guarantee Max Rmb
- 15000000
- Weihai Bank Guarantee Date
- June 2023
- Weihai Bank Guarantee Max Rmb
- 10000000
- Aggregate Max Guaranteed Amount Note
- Sum of stated maximums: RMB35M + RMB50M + RMB10M + RMB15M
- Audit Committee Review Resolved Date
- 2026-08-15
AI analysis
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