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Huawen Media Fails to Pay 253 Million Yuan Bond
Express News | huawen media group: once again occurred the situation where the mid-term notes' principal and interest could not be repaid on time.
Express News | huawen media group has consecutively hit the limit up: there is still uncertainty about whether the company can enter the reorganization process.
Express News | Huawen Media Group: Notice for Pre-reorganization Debt Claim Declaration by Haikou Intermediate People's Court.
huawen media group (000793.SZ): The cumulative overdue debt amount is approximately 0.188 billion yuan.
On October 28, Geluonhui reported that as of the date of this announcement, huawen media group (000793.SZ) disclosed that the accumulated overdue debt amount was approximately 187.7965 million yuan, accounting for 19.67% of the company's audited net assets attributable to the parent company in 2023 of 954.973 million yuan. Due to the overdue debt, the company may incur corresponding default interest and late payment fees as additional financial costs. At the same time, the overdue debt may lead to a decrease in the company's financing capabilities. The company faces risks such as lawsuits, arbitration, fulfillment of guarantee obligations, frozen bank accounts, and frozen or auctioned assets due to overdue debt, which may affect its daily operations.
Express News | huawen media group staged a limit-up in the afternoon.
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