Guangdong Super Hua Technology Co., Ltd. (hereinafter referred to as "the Company" or "Super Hua Technology") disclosed the "Announcement on Unpaid Debts Due" (Announcement No. 2024-011) and the "Progress Announcement on Unpaid Debts Due" (Announcement No. 2024-042) on April 16, 2024, and May 24, 2024, respectively. Due to ongoing pressure from the external operating environment, the Company has faced restrictions on unused financing credit limits, resulting in temporary liquidity tightness and leading to the failure to repay or renew some debts on time. Recently, as verified by the relevant departments of the Company, as of the date of this announcement, the Company and its subsidiaries have accumulated overdue debts totaling 519,178,518.52 yuan, which exceeds 10% of the Company's audited net assets for 2023. The progress of the overdue debts is as follows:
002288SZSE
Announcement on the Progress of Unpaid Debts Due
✨ AI Summary
This announcement informs that Guangdong Super Hua Technology Co., Ltd. has accumulated overdue debts totaling 519,178,518.52 yuan, exceeding 65.46% of its audited net assets for 2023. The company is taking measures to alleviate liquidity pressure and is in discussions with banks to resolve the debt crisis. Investors are advised to be cautious regarding investment risks.
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