Company Overview - Tungray Technologies Inc. was founded in 2022 and is headquartered in Singapore, providing customized industrial solutions such as testing systems, welding machines, automation equipment, and robotics. The company operates in both China and Singapore [3]. Allegations and Investigation - Edelson Lechtzin LLP is investigating potential violations of federal securities laws involving Tungray Technologies due to allegations of providing misleading business information to investors [1]. - On December 31, 2024, Tungray Technologies submitted a Form 6-K to the U.S. Securities and Exchange Commission, revealing that the Board of Directors determined the financial statements for the fiscal years ending December 31, 2021, 2022, and 2023 were no longer reliable. This finding also affects related reports, press releases, earnings announcements, and investor communications included in the company's Annual Report on Form 20-F filed on April 26, 2024 [4].
INVESTIGATION ALERT: Edelson Lechtzin LLP Announces an Investigation of Tungray Technologies Inc. (NASDAQ: TRSG) and Encourages Investors with Substantial Losses or Witnesses with Relevant Information to Contact the Firm