MIHF(SH:600337) Ge Long Hui A P P·2026-01-29 13:38Core Viewpoint - Meike Home (600337.SH) is facing significant financial challenges, with overdue debts and frozen bank accounts impacting its operations and cash flow stability [1] Financial Situation - The total overdue debts of the company and its subsidiaries amount to 387.70 million yuan, which represents 14.12% of the latest audited net assets attributable to shareholders [1] - Excluding a loan of 179.80 million yuan from the Export-Import Bank of China, the overdue debts account for 7.57% of the net assets [1] - Overdue financing from financial institutions totals 302.37 million yuan, while the amount of unpaid commercial acceptance bills is 85.34 million yuan [1] Operational Impact - A total of 172 bank accounts have been frozen, which constitutes 55.84% of the total bank accounts of the company and its subsidiaries [1] - The frozen funds amount to 10.24 million yuan, representing 0.37% of the latest audited net assets attributable to shareholders [1] Performance Challenges - Meike Home has experienced continuous losses since 2022, primarily due to heavy asset investments that have burdened its operational performance and cash flow stability [1] - The company is facing overdue loans and unpaid commercial acceptance bills as a result of changes in the market, industry, international trade, and financing environment [1]