---
title: "Tungray launches independent review of undisclosed related-party loan guarantees"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296272256.md"
description: "Tungray Technologies launched an independent review into undisclosed related-party loan guarantees at a subsidiary, involving RMB 110 million in exposure for loans controlled by CEO Wanjun Yao. China Construction Bank has sued over unpaid loans tied to a RMB 50 million guarantee. The audit committee engaged legal counsel on August 15, 2026, but the review has not started. Management cannot predict the timing or outcome, including potential material adverse impacts on financial results."
datetime: "2026-08-18T21:29:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296272256.md)
  - [en](https://longbridge.com/en/news/296272256.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296272256.md)
generator: "portal-rs"
---

# Tungray launches independent review of undisclosed related-party loan guarantees

-   Tungray launched an independent review into undisclosed related-party guarantees uncovered at a subsidiary. \* The audit committee engaged independent legal counsel on Aug. 15, 2026; the review has not yet started. \* Guarantees backed loans of Fudingtai, controlled by CEO Wanjun Yao; maximum guaranteed exposure totals RMB 110 million. \* China Construction Bank sued in China over unpaid loans tied to a RMB 50 million guarantee; the subsidiary is named as guarantor. \* Management cannot predict timing or outcome, including any potential material adverse impact on financial condition or results. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tungray Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001096906-26-001246), on August 18, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**