Company Dynamics - Recently, *ST Shuangcheng (002693.SZ) announced that it has filed a lawsuit in Harbin, Heilongjiang Province, due to overdue payments on financial products purchased from Zhongrong International Trust Co., Ltd., involving an amount of 51.98479 million RMB [2] - The company invested a total of 50 million RMB in Zhongrong Trust's financial products in two transactions in September 2022 and April 2023, but these products have all become overdue, with only partial interest payments made [2] - Zhongrong Trust announced on September 15, 2023, that it is facing payment difficulties for some of its trust products due to multiple internal and external factors, and has engaged Jianxin Trust and CITIC Trust for professional management services [2] Additional Information - Zhongrong Trust's major shareholder, Jingwei Textile Machinery (000666.SZ), has recently submitted an application for delisting to the Shenzhen Stock Exchange [3] - Zhongrong Trust was established in 1987 and has not disclosed annual reports for three consecutive years since 2022 [3]