Core Viewpoint - Tianyu Biotechnology Co., Ltd. is currently in the process of enforcing an arbitration ruling regarding performance compensation from Liu Bingsheng, with a total amount of CNY 43,295,330.52 involved in the case [2][3][4]. Group 1: Arbitration Background - On August 17, 2023, the company initiated arbitration against Liu Bingsheng for failing to fulfill performance compensation obligations [3]. - The Shanghai Arbitration Commission issued a ruling on June 16, 2025, requiring Liu Bingsheng to pay CNY 43,295,330.52 as a one-time cash compensation and CNY 314,273 for arbitration fees [3][5]. - The arbitration ruling has been acknowledged and is now enforceable [4]. Group 2: Execution Application - The company applied for enforcement of the ruling on July 11, 2025, due to Liu Bingsheng's failure to comply within the stipulated timeframe [4]. - The enforcement application was accepted by the Haixi Mongolian and Tibetan Autonomous Prefecture Intermediate People's Court on August 18, 2025 [4]. - The enforcement request includes the payment of the compensation amount, arbitration fees, and additional interest for delayed payment [6]. Group 3: Financial Impact and Uncertainties - The execution of the arbitration ruling carries significant uncertainties regarding the timing and realization of the compensation amount, which may affect the company's current and future profits [2][5]. - The company will continue to monitor the progress of the enforcement and fulfill its information disclosure obligations [5].
天域生物科技股份有限公司关于业绩补偿仲裁进展暨申请执行的公告