ST Quan: Some assets of the company have been sealed.

Sina Finance News on March 30, ST Quan announced that recently, the company received a notification from the People's Court of the Zhong District of Zaozhuang City, Shandong Province. In the case of the dispute over the company's creditor Shandong Xinchuang Emergency Transfer Loan Service Co., Ltd. and the respondent Shandong Quanwei New Energy Technology Co., Ltd. and the company's loan contract, the People's Court of the Zhong District of Zaozhuang City, Shandong Province issued a civil ruling with the number Lu 0402 Cai Bao 29, sealing one set of equipment for the production of 2GW heterogeneous crystalline silicon photovoltaic panels, and the sealing period is from March 26, 2026 to March 25, 2028.