Tungray Technologies Inc

Tungray Technologies Inc. has disclosed ongoing litigation involving its subsidiary, Tongri Mechanical. The subsidiary had guaranteed obligations for a related party, Fudingtai, to Industrial and Commercial Bank of China (ICBC). ICBC won a lawsuit against Fudingtai and Tongri Mechanical for a loan of RMB9.70 million, with the guarantors jointly and severally liable for approximately RMB9.75 million. Tungray Technologies Inc. has filed an appeal against this judgment.

Tungray Technologies Inc. held its 2026 Annual General Meeting on July 1, 2026, where shareholders re-elected five directors to the Board. The re-elected directors, including Wanjun Yao and Jingan Tang, each received 92,614,195 votes in favor. Additionally, shareholders ratified the appointment of Guangdong Prouden CPAs GP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2026, with 92,614,217 votes in favor.

Tungray Technologies Inc. announced its Annual General Meeting (AGM) of shareholders will be held on June 30, 2026, at 9:00 p.m. U.S. Eastern time in Singapore. Shareholders will vote on the election of five directors and the appointment of Guangdong Prouden CPAs GP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. The record date for voting is May 20, 2026, and proxy materials, including the 2025 annual report, are available online.

Tungray Technologies Inc. (TRSG) filed its Form 20-F annual report, detailing its business operations and significant risk factors. The company reported 31.8% of 2025 revenue from Singapore and 68.2% from mainland China, a shift from 54% and 46% respectively in 2024. Key risks include economic conditions in Singapore and China, customer concentration with HP Group (48.8% of 2025 revenue), supply chain disruptions, and regulatory uncertainties in China.