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Listed Shipbuilder Defaults: Tens of Millions in Debt Overdue

2026-06-22

On June 12, Yaguang Technology Group Co., Ltd. released an announcement regarding the overdue debts of the company and its subsidiaries, providing updates on the overdue borrowings and outstanding payables of ST Yaguang and its affiliated companies.

ST Yaguang and its subsidiaries have a combined total of 57.037 million yuan in overdue borrowings. In addition, overdue notes payable and accounts payable of ST Yaguang and certain subsidiaries amount to 30.7802 million yuan in total.

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