Huawen(SZ:000793) Xin Lang Cai Jing·2025-11-10 09:55Core Viewpoint - ST Huawen announced that the company and its subsidiaries have overdue debts, indicating significant financial distress and the need for restructuring efforts [1] Debt Situation - The company has not repaid a principal of 100 million yuan and interest penalties of 7.9267 million yuan due to Hainan Bank [1] - Subsidiary Minxiang Investment has overdue debts of 11.85 million yuan in principal and 1.108 million yuan in interest penalties [1] - The company has failed to pay the principal and interest on medium-term notes "17 Huawen Media MTN001" and "18 Huawen Media MTN001" on time [1] - As of the announcement date, the total overdue debt amounts to approximately 638 million yuan, which represents 295.11% of the audited net assets attributable to the parent company for the year 2024 [1] Restructuring Efforts - The company is advancing its pre-restructuring work and will negotiate a restructuring plan with creditors [1]