Core Viewpoint - Tianrui Xinke (Henan) Digital Technology Co., Ltd. has been listed as a dishonest executor due to disputes over private entrusted contract financial management, raising concerns about its financial stability and operational integrity [1][7]. Company Overview - Tianrui Xinke is a high-tech enterprise and software company established by Tianrui Group Co., Ltd., which holds a 90% stake in the company [1][3]. - Tianrui Group's business spans various sectors, including green building materials, casting (intelligent manufacturing), internet technology, and cultural tourism, previously ranking 380th among China's top 500 companies and 195th among China's top 500 manufacturing companies [1][3]. Financial Management Issues - The Tianrui Cloud APP, operated by Tianrui Xinke, was initially perceived as a "bank for idle money" by employees, allowing them to deposit funds and invest in higher-yield financial products compared to traditional banks [4][6]. - Since the first half of 2024, employees have reported issues with withdrawing funds from the Tianrui Cloud APP, leading to significant dissatisfaction among users who had relied on it for salary and investment [6][7]. Employee Concerns - Employees have expressed frustration over the inability to withdraw their salaries, which were deposited into the Tianrui Cloud APP's virtual accounts, particularly during 2023 and 2024 [7]. - Local government responses indicated that Tianrui Group had been found to owe wages to employees and was instructed to cease using virtual accounts for salary payments, highlighting legal and regulatory challenges faced by the company [7]. Business Performance - Tianrui Group's cement production and sales are critical to its operations, with a significant market presence, previously ranking among the top ten in China [8]. - The financial report for China Tianrui Cement as of September 30, 2025, showed a revenue of 2.963 billion yuan, a year-on-year increase of 14.66%, and a net profit of 73.903 million yuan, reflecting a substantial growth of 161.23% [8].
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