ST Huaxi: 28 million yuan debt overdue plan to offset with the balance in the guarantee account.
ST Huaxi announced that the company borrowed two loans totaling 28 million yuan from the China Bank Zigong Branch in February and March 2025, due in February and March 2026, but as of the disclosure date of the announcement, the company has not repaid the loans on time. The company's accumulated overdue debt is 28 million yuan, accounting for 13.97% of the audited net assets at the end of 2024. On February 26, 2026, the company issued a "Debt Offset Notice" to China Bank, requesting to offset the 28 million yuan debt with the balance of 105.22 million yuan in the margin account, and return the remaining expired margin. If the offset plan is not successful, the company may face risks such as litigation or account freeze.
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