According to CoinMeta, in a announcement by ST Sanmu, the company and its holding subsidiary Fuzhou Light Industry recently received an arbitration notice from the Xiamen Arbitration Commission. Guangfa Bank Fuzhou Branch has initiated arbitration against Fuzhou Light Industry, the company, and the natural person shareholders of Fuzhou Light Industry, Chen Jian and Liao Xinghua, over a financial loan contract dispute. The case has been accepted but the hearing has not yet taken place. Fuzhou Light Industry's aforementioned export payment on behalf of others business, amounting to 15 million yuan, is overdue. As of October 25, 2026, there was still a principal debt of 4.9427 million yuan and a penalty interest of 141,500 yuan, totaling 5.0842 million yuan. The company bears joint and several liability guarantee for this debt within a maximum principal limit of 20 million yuan. The amount involved in this lawsuit accounts for 4.21% of the company's most recent audited net assets. As of November 12, 2026, the total balance of guarantees provided by the company and its holding subsidiaries amounted to 4.313 billion yuan, which represents 3574.86% of the most recent audited net assets, of which the overdue guarantee amount is 1.079 billion yuan, accounting for 894.11% of the net assets.