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.