1. Date of Event: August 11, 2026 (R.O.C. Year 115) 2. Company Name: Le Tiger Technology Co., Ltd. 3. Relationship with Company (Please specify 'Company' or 'Subsidiary'): Company 4. Cross-shareholding Ratio: Not applicable 5. Reason for Occurrence: In accordance with the notice issued by the Exchange (No. 1091802744). 6. Response Measures: Announcement on the progress of the equity sale and fund lending cases as follows.
(1) Equity Sale Arbitration Case A. Legal Progress: On April 21, 2023 (R.O.C. Year 112), we received the award from the China International Economic and Trade Arbitration Commission. Le Tiger BVI’s arbitration claim was upheld, ruling that Le Tiger Aircraft shall pay our company USD 6.474 million in share payment. Our appointed legal counsel has filed for compulsory enforcement at the Beijing No. 4 Intermediate People's Court and the case has been accepted. We are pursuing debt recovery. B. Under the equity method, investment losses continue to be recognized, with an annual impairment loss of NT$23.16 million. As of July 31, 2026 (R.O.C. Year 115), cumulative impairment losses amount to NT$175.8 million, which have been fully recognized.
(2) Fund Lending Litigation Case A. Legal Progress: The retrial was supported by the Zhejiang High People's Court, ruling in our favor and confirming our creditor rights. The Yuyao People's Court has completed the first compulsory enforcement ruling. We have additionally filed a lawsuit to revoke the court’s allocation of land proceeds to third parties. On December 25, 2025 (R.O.C. Year 114), our claim was not upheld by the Zhejiang High People's Court. We will continue to pursue debt recovery. B. Based on a prudent and conservative accounting principle, the company has fully recognized an impairment loss of NT$37.51 million.
7. Other Matters to be Disclosed (If the subject entity is a publicly listed company or above, this material information also qualifies as a matter under Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act that significantly affects shareholders’ rights or securities prices): This will be publicly announced and reported to the shareholders’ meeting as required.
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- Source: PR Times
- Category: News