20cm2 Continuous Board Tanaka Precision Machinery: Eight creditors of the company's former subsidiary Youfu Intelligent jointly filed a lawsuit against the company, involving an amount of 108 million yuan.

2026-03-03 22:23:18

Tanaka Precision Machinery announced that on February 5, 2026, the company received a “Civil Complaint” from the bankruptcy liquidation administrator of its former subsidiary, Shenzhen Youfu Intelligent Equipment Co., Ltd. Eight creditors of Youfu Intelligent filed a joint lawsuit against the company. The plaintiffs are all creditors of Youfu Intelligent, and the defendant is the major shareholder of Youfu Intelligent, holding 70% of its equity. The main reason for the objection is that the defendant’s “loans” to Youfu Intelligent are actually capital contributions, should not accrue interest, and should not be classified as ordinary claims; instead, they should be subordinated to ordinary claims in repayment.

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