ST Miki announced that as of August 31, 2026, the company's supplier's two e-finance loans had been overdue for more than 90 days. The Fuzhou branch of Xiamen International Bank used the company's factoring advance line and issued a special advance of 18.9 million yuan to cover the principal amount of the overdue loan. The advance accrued interest from the same day, and the company was required to settle the principal amount and current interest payable within 7 days of using the advance. This matter may cause the company to face risks such as penalties and interest, increase cash flow constraints, or trigger lawsuits and arbitration. As of September 15, 2026, the total external guarantees of the company and its holding subsidiaries amounted to $4.323 billion, accounting for 3583.19% of the most recent audited net assets; of these, overdue guarantees amounted to $531 million, accounting for 440.39% of net assets.

ST Miki announced that as of August 31, 2026, the company's supplier's two e-finance loans had been overdue for more than 90 days. The Fuzhou branch of Xiamen International Bank used the company's factoring advance line and issued a special advance of 18.9 million yuan to cover the principal amount of the overdue loan. The advance accrued interest from the same day, and the company was required to settle the principal amount and current interest payable within 7 days of using the advance. This matter may cause the company to face risks such as penalties and interest, increase cash flow constraints, or trigger lawsuits and arbitration. As of September 15, 2026, the total external guarantees of the company and its holding subsidiaries amounted to $4.323 billion, accounting for 3583.19% of the most recent audited net assets; of these, overdue guarantees amounted to $531 million, accounting for 440.39% of net assets.