Workflow
涉诉超亿元! 天宜新材及两子公司成被告

Core Viewpoint - Tianyi New Materials is involved in a legal dispute with Jiangyou Rural Commercial Bank over a loan agreement, with the lawsuit amounting to 100.02 million yuan, which may have significant implications for the company's financial health [1][2][4]. Group 1: Legal Dispute Details - The lawsuit stems from a financial loan contract dispute, with Tianyi New Materials and its subsidiaries being sued for the repayment of a loan of 100 million yuan, which was issued in August 2023 [2][3]. - The loan was intended for purchasing raw materials and supplementing working capital, with a fixed annual interest rate of 3.08% and a penalty interest rate of 4.62% for overdue payments [2]. - As of the loan's maturity, Tianyi New Materials has an outstanding principal of 99.95 million yuan, along with accrued interest and penalties totaling 68,400 yuan [3]. Group 2: Company Response and Financial Implications - Tianyi New Materials has stated that it is actively responding to the lawsuit and taking measures to protect the interests of the company and its shareholders [4]. - The company acknowledges the potential financial pressure from the lawsuit, particularly regarding the risk of asset liquidation and the implications for its balance sheet and profitability [4][6]. - The company has reported a 17.26% year-on-year decline in revenue for the first half of 2025, although it has managed to reduce losses in profit and improve cash flow through inventory management and extended payment terms [6].