Wuhan Tianyu Info Industry

ST Tianyu disclosed its 2026 semi-annual report. In the first half, it achieved operating revenue of 24.04 million yuan, down 72.24% year-on-year. Net loss attributable to the parent company was 71.98 million yuan, narrowing from a loss of 85.82 million yuan in the same period last year.

Datang Microelectronics, a subsidiary of Datang Telecom, has won the first-instance trial in a sales contract dispute with Wuhan Tianyu Information Industry. The court ordered Wuhan Tianyu to pay approximately 18.03 million yuan in outstanding payments and about 1.76 million yuan in liquidated damages, totaling around 19.79 million yuan, and dismissed all of Wuhan Tianyu's counterclaims. The dispute arose from chip and module procurement agreements signed between the two parties during 2023 and 2024. Datang Microelectronics completed delivery but Wuhan Tianyu still owed payment. Datang Microelectronics originally sought approximately 23.6 million yuan in its claim, while Wuhan Tianyu counterclaimed for about 190,000 yuan.

*ST Tianyu has again delayed its reply to the Shenzhen Stock Exchange's 2025 annual report inquiry letter, pushing the final deadline to July 10. The company received the inquiry letter from the Shenzhen Stock Exchange on April 27, 2026, with an original reply deadline of May 21. It had previously applied for an extension to July 3. As of the date of this announcement, the reply content still requires further supplementation and refinement. After submitting an extension application, the company will once again postpone its response and expects to complete all reply work and make a public disclosure before July 10.