SUNTAR's subsidiary funds were deducted, and the Housing and Urban-Rural Development Bureau's arrears in sewage treatment fees pose risks

On October 16, 2025, the bank account of SUNTAR's wholly-owned subsidiary, Baicheng SUNTAR, was forcibly deducted by the court for 1.0335 million yuan, with a cumulative deduction of 3.4635 million yuan. As of September 30, the Baicheng Housing and Urban-Rural Development Bureau owes the company over 108 million yuan in sewage treatment fees, resulting in Baicheng SUNTAR being unable to pay the effective judgment amount. As of the announcement date, the total amount applied for freezing for the company and its subsidiaries is 87.078 million yuan, accounting for 2.15% of the most recent audited net assets. The company will urge the Housing and Urban-Rural Development Bureau to pay the arrears, reasonably arrange funds to reduce the impact, and continue to disclose progress, reminding investors to pay attention to risks