Thunder Tiger: Progress Update on Company's Share Sale Arbitration and Loan Lawsuit
Thunder Tiger Technology announced on May 7, 2026, the progress of its share sale arbitration and loan lawsuit cases. In the share sale arbitration, Thunder Tiger BVI won in 2023, pursuing the recovery of approximately USD 6.474 million. In the loan lawsuit, the company won the re-trial in 2025 but continues efforts for debt collection, with impairment losses recognized for both cases.
📋 Article Processing Timeline
- 📰 Published: May 7, 2026 at 09:00
- 🔍 Collected: May 8, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 8, 2026 at 08:49 (49 min after Collected)
1. Date of factual occurrence: 2026/05/07
2. Company name: Thunder Tiger Corporation
3. Relationship with the company (please enter 'this company' or 'subsidiary'): This company
4. Mutual shareholding ratio: Not applicable
5. Cause of occurrence: Handled in accordance with Taiwan Stock Exchange letter No. 1091802744.
6. Response measures: The progress of the share sale and loan cases is announced as follows.
(1) Share sale arbitration case.
A. Legal progress: On April 21, 2023, the company received an arbitration award from the China International Economic and Trade Arbitration Commission, supporting Thunder Tiger BVI's claims and ordering Thunder Tiger Aircraft to pay our side USD 6.474 million. Our appointed lawyers have applied for compulsory enforcement with the Beijing No. 4 Intermediate People's Court and completed the case filing to recover the claim.
B. Continuous recognition of investment losses using the equity method, with an annual impairment loss of NTD 23.16 million. As of December 31, 2025, cumulative impairment losses of NTD 175.8 million have been fully recognized.
(2) Loan lawsuit case.
A. Legal progress: The re-trial was supported by the Zhejiang High People's Court, ruling in our favor and establishing creditor's rights. The Yuyao City People's Court has completed the first compulsory enforcement ruling. Our side additionally filed a lawsuit to revoke the court's right to distribute other parties' land funds. On December 25, 2025, our claims were not supported by the Zhejiang High People's Court. Our side will continue to pursue recovery of the claim.
B. Based on prudent and conservative principles, the company has fully recognized an impairment loss of NTD 37.51 million.
7. Other matters to be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a material impact on shareholders' equity or stock price): Announced and reported in accordance with regulations, and submitted to the shareholders' meeting.
2. Company name: Thunder Tiger Corporation
3. Relationship with the company (please enter 'this company' or 'subsidiary'): This company
4. Mutual shareholding ratio: Not applicable
5. Cause of occurrence: Handled in accordance with Taiwan Stock Exchange letter No. 1091802744.
6. Response measures: The progress of the share sale and loan cases is announced as follows.
(1) Share sale arbitration case.
A. Legal progress: On April 21, 2023, the company received an arbitration award from the China International Economic and Trade Arbitration Commission, supporting Thunder Tiger BVI's claims and ordering Thunder Tiger Aircraft to pay our side USD 6.474 million. Our appointed lawyers have applied for compulsory enforcement with the Beijing No. 4 Intermediate People's Court and completed the case filing to recover the claim.
B. Continuous recognition of investment losses using the equity method, with an annual impairment loss of NTD 23.16 million. As of December 31, 2025, cumulative impairment losses of NTD 175.8 million have been fully recognized.
(2) Loan lawsuit case.
A. Legal progress: The re-trial was supported by the Zhejiang High People's Court, ruling in our favor and establishing creditor's rights. The Yuyao City People's Court has completed the first compulsory enforcement ruling. Our side additionally filed a lawsuit to revoke the court's right to distribute other parties' land funds. On December 25, 2025, our claims were not supported by the Zhejiang High People's Court. Our side will continue to pursue recovery of the claim.
B. Based on prudent and conservative principles, the company has fully recognized an impairment loss of NTD 37.51 million.
7. Other matters to be specified (if the subject of the event or resolution is a public company or above, this material information also complies with Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters that have a material impact on shareholders' equity or stock price): Announced and reported in accordance with regulations, and submitted to the shareholders' meeting.