002731SZSE

Announcement on the Company's and Some Subsidiaries' New Loan Defaults

ST Cuihua Co., Ltd.·

✨ AI Summary

The announcement details that Shenyang Cuihua Gold and Silver Jewelry Co., Ltd. and its subsidiary, Shenzhen Cuihua Jewelry Co., Ltd., have defaulted on loans due to liquidity issues. As of the announcement date, there are four overdue loans totaling 122.36 million yuan, contributing to a cumulative overdue principal of 376.36 million yuan. The company is actively communicating with creditors to resolve the situation and mitigate financial risks.

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Full Translation

AI Translation· azure_openai

Shenyang Cuihua Gold and Silver Jewelry Co., Ltd.
Securities Code: 002731
Securities Abbreviation: ST Cuihua
Announcement No.: 2026-020

Announcement on the Company's and Some Subsidiaries' New Loan Defaults

The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

1. Loan Default Situation

Shenyang Cuihua Gold and Silver Jewelry Co., Ltd. (hereinafter referred to as "the Company" or "Shenyang Cuihua") and its subsidiary Shenzhen Cuihua Jewelry Co., Ltd. (hereinafter referred to as "Shenzhen Cuihua") have encountered difficulties in repaying some loans due to tight liquidity. As of the date of this announcement, the Company and Shenzhen Cuihua have four overdue loans from banks and other financing institutions, with overdue principal totaling 122.36 million yuan. The cumulative overdue principal for the Company and its subsidiaries is 376.36 million yuan. The specific details are as follows (unit: ten thousand yuan):

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