Core Insights - Tianrui Xinke has been listed as a dishonest executor by the court due to financial disputes related to private entrusted contracts, with issues arising from the Tianrui Cloud APP, which has been unable to process withdrawals since early 2024 [1][5] Company Overview - Tianrui Xinke, a high-tech enterprise and software company, is primarily engaged in information technology services, software development, and industrial internet platform operations, and is 90% owned by Tianrui Group [1] - Tianrui Group has a diverse business portfolio, including green building materials, intelligent manufacturing, and internet technology, and was ranked 380th among China's top 500 companies [1] Employee Financial Practices - The Tianrui Cloud APP was used by employees for salary deposits and investment in higher-yield financial products compared to traditional banks, leading to significant employee reliance on the platform [3][4] - Employees reported that their salaries were deposited into the Tianrui Cloud APP instead of bank accounts, with many choosing to invest their funds within the app due to attractive returns [3] Operational Issues - Since April 2024, the Tianrui Cloud APP has faced operational problems, preventing employees from withdrawing their funds, which has led to complaints and financial distress among staff [3][4] - Local government authorities have intervened, confirming that Tianrui Group has delayed salary payments and has been instructed to cease using virtual accounts for salary disbursement [4] Financial Performance - Tianrui Group's cement business is a key segment, with significant production and sales volumes, and the company reported a revenue of 2.963 billion yuan for the first half of 2025, marking a 14.66% year-on-year increase [5]
职工工资存入天瑞集团旗下APP遇取现难?公司:眼下账上没有钱