Shaanxi Broadcast & TV Network announced that the company has overdue bank debt totaling 227 million yuan, accounting for 41.80% of its most recent audited net assets. The company also disclosed that some bank account funds have been frozen, with the actual frozen amount totaling 41.13 million yuan, representing 7.59% of net assets. The company said it is negotiating with creditors and taking multiple measures to raise funds, while also warning of investment risks.
Shaanxi Broadcast & TV Network Intermediary Group Co LtdCompany disclosed 227 million yuan in overdue bank debt and 41.13 million yuan of frozen bank account funds, signaling a financial/liquidity crisis.
