Huayi Brothers: 56.4 million yuan debt overdue and account frozen.

date
01/04/2026
Huayi Brothers announced that, due to the impact of the economic situation, the company is facing tight liquidity as a result of delayed repayment funds, leading to temporary debt overdue. As of April 1, 2026, the company's overdue debts with financial institutions such as banks total 56.399 million yuan, exceeding 10% of the audited net assets in 2024. In addition, some bank accounts of the company and its subsidiaries have been frozen, involving multiple bank primary and general accounts, but this will not have a significant impact on the company's daily production and operation, and does not involve the freezing of major bank accounts. The company will actively negotiate for new loans, promote asset disposal to optimize resource allocation, and legally protect the rights and interests of shareholders.