公司资产受限主要系为满足自身及子公司融资需求，为其相关贷款提供担保所致。此举有利于保障公司融资渠道畅通，促进公 司业务持续发展，不会对公司正常生产经营活动产生实质性不利影响。上述相关担保事项已严格按照相关法律法规及《公司章 程》的规定履行内部审议程序，不存在损害公司及全体股东利益的情形。公司将持续关注相关资产的抵押、质押情况，并通过 积极拓展多种融资渠道、实施高效的资金管控规划、加大应收账款回款力度等方式不断拓宽资金来源，同时合理管控负债规 模，逐步解除资产限制，进一步优化资产负债结构，提升自身持续经营能力。 格隆汇10月9日丨博世科（维权）(300422.SZ)公布，近日，公司因申请贷款向中国银行股份有限公司南宁市西乡塘支行提供应收 账款质押担保。本次提供担保后，公司资产受限部分的账面净值占公司2024年度经审计总资产的30.18%。 ...

公司资产受限主要系为满足自身及子公司融资需求，为其相关贷款提供担保所致。此举有利于保障公司融资渠道畅通，促进公 司业务持续发展，不会对公司正常生产经营活动产生实质性不利影响。上述相关担保事项已严格按照相关法律法规及《公司章 程》的规定履行内部审议程序，不存在损害公司及全体股东利益的情形。公司将持续关注相关资产的抵押、质押情况，并通过 积极拓展多种融资渠道、实施高效的资金管控规划、加大应收账款回款力度等方式不断拓宽资金来源，同时合理管控负债规 模，逐步解除资产限制，进一步优化资产负债结构，提升自身持续经营能力。 格隆汇10月9日丨博世科(300422.SZ)公布，近日，公司因申请贷款向中国银行股份有限公司南宁市西乡塘支行提供应收账款质押 担保。本次提供担保后，公司资产受限部分的账面净值占公司2024年度经审计总资产的30.18%。 ...

Core Viewpoint - ST Huawen (stock code 000793) is facing severe liquidity issues, with significant losses, high debt levels, and restricted assets impacting its operations [2][6]. Financial Performance - In the first half of 2025, ST Huawen reported revenue of approximately 135 million, a year-on-year decline of 22.5% [2]. - The net profit attributable to shareholders was approximately -76.41 million, with a cumulative loss exceeding 2.5 billion over three and a half years [2]. - The net cash flow from operating activities was approximately -63.68 million, a year-on-year decline of 418.79% [2]. - Total liabilities exceeded 2 billion, with a debt-to-asset ratio rising to 82%, an increase of 3.03% from the end of the previous year [2]. Asset Restrictions - ST Huawen has over 1.8 billion in restricted assets, including multiple equity stakes, real estate, and land that are pledged or frozen [2][4]. - The company reported that restricted cash amounted to approximately 898,940, primarily due to litigation-related frozen bank accounts [3]. - The value of restricted fixed assets was approximately 1.44 billion, mainly used for mortgage loans [4]. Business Challenges - The company cited industry adjustments and liquidity constraints as key factors affecting its business development [3]. - Revenue from various segments, including information dissemination, printing, and video services, has seen a comprehensive decline [3]. - ST Huawen is under pre-restructuring proceedings due to its inability to repay debts, with a court decision pending on formal restructuring [6]. Regulatory Issues - ST Huawen was fined 2.5 million for inflating revenue through improper accounting practices, affecting multiple financial reports [8]. - The inflated revenue figures represented significant percentages of the reported income for the respective years [8].