---
title: "ST Xintong: The total principal involved in the remaining illegal guarantee cases for which compensation liability needs to be assumed is 606 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233872678.md"
description: "ST Xintong announced that the total principal involved in the remaining compensation liability for the illegal guarantee cases is 606 million yuan, involving the case of China Huarong Asset Management Co., Ltd. Heilongjiang Branch, the case of Huijian Tu Asset Management Co., Ltd., the case of Beijing Tianyuan Tianrun Investment Co., Ltd., and the case of Cui Hongye. The company has fully recovered the non-operating fund occupation and the balance of fund occupation, and the controlling shareholder has provided a pledge guarantee for the possible fund deduction arising from the company's illegal guarantee cases with 57.9619% equity in Nanjing Lanpu Cheng"
datetime: "2025-03-31T11:14:23.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233872678.md)
  - [en](https://longbridge.com/en/news/233872678.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233872678.md)
---

# ST Xintong: The total principal involved in the remaining illegal guarantee cases for which compensation liability needs to be assumed is 606 million yuan

\*ST Bright Oceans announced that the total principal involved in the remaining illegal guarantee cases for which the company is liable for compensation amounts to 606 million yuan, involving the case of China Huarong Asset Management Co., Ltd. Heilongjiang Branch, the case of Huijian Road Asset Management Co., Ltd., the case of Beijing Tianyuan Tianrun Investment Co., Ltd., and the case of Cui Hongye. The company has fully recovered the non-operating fund occupation and the balance of fund occupation, and the controlling shareholder has provided a pledge guarantee for the funds that may be deducted due to the company's illegal guarantee cases with 57.9619% equity in Nanjing Lanpu

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