SUNDIRO HOLDING(SZ:000571) Mei Ri Jing Ji Xin Wen·2025-09-12 15:27Core Viewpoint - New Dazhou A is facing a debt overdue issue with its wholly-owned subsidiary, Zhejiang Commerce, which failed to repay an 80 million yuan bank loan due on September 10, leading to potential financial strain and increased costs for the company [2][3]. Group 1: Debt Overdue Situation - Zhejiang Commerce's 80 million yuan loan from Huaxia Bank was due on September 10, but it could not repay the principal and interest of 1.0438 million yuan on time [3]. - New Dazhou and its subsidiaries provided joint liability guarantees for the loan, with collateral including equity and real estate [2][3]. - The overdue debt may result in penalties, increased financial costs, and a decline in the company's financing capabilities, exacerbating its cash flow issues [3]. Group 2: Financial Performance - In the first half of the year, New Dazhou reported a revenue of 252 million yuan, a year-on-year decrease of 37.68%, and a net loss of 78.07 million yuan, compared to a loss of 26.77 million yuan in the same period last year [4]. - The decline in revenue was attributed to reduced coal sales from its subsidiary, Wuzhou Group, which produced 1.3173 million tons of raw coal, a year-on-year increase of 3.67%, but sold only 852,100 tons, a decrease of 28.55% [4]. - The company's operating cash flow turned negative at -105.5 million yuan, primarily due to decreased coal sales receipts, with total cash and cash equivalents dropping by 37.15% to 343 million yuan [5].