Huawen Group: The situation of failure to redeem mid-term notes and interest on time has occurred again

Jinshi Data, November 8th news, Huawen Group announced on November 8th that the company has once again failed to redeem the medium-term notes and interest on time. The first phase of the company’s medium-term notes in 2017 should be redeemed on November 8, 2024, with a principal of 45,190,300 yuan and an Interest of 13,763,100 yuan, which the company failed to redeem on time. As of the date of the announcement, the balance of MTN001 issuance of 17 Huawen Media is 253 million yuan. As of the date of the announcement, the company’s overdue debt amount accumulates to approximately 377 million yuan, accounting for 39.47% of the company’s net assets attributable to the parent company of 955 million yuan as of the audited vesting in 2023.