According to the Zhitong Finance App, Haochen Medical (002622.SZ) issued an announcement. The company recently learned that some bank accounts of the company and its subsidiaries Jilin Yongda Electric Switch Co., Ltd. (hereinafter referred to as “Yongda Electric”) and Rongyu Huatong Leasing (Tianjin) Co., Ltd. (hereinafter referred to as “Rongyu Huatong”) have been frozen and that some of the company's bank accounts have been unfrozen.
The company learned through an inquiry on the China Enforcement Information Disclosure Network that the Beijing No. 1 Intermediate People's Court has filed a case against the company. Case number: (2023), Beijing 01, enforcement target: 135 million yuan. Currently, the company has not received any formal legal documents sent by the court. According to preliminary verification, the company's bank account was frozen due to the failure of some bank loans between the company, Zhejiang Zheshang Asset Management Co., Ltd. and Bank of Wenzhou Co., Ltd. as scheduled. According to the “Debt Confirmation and Installment Repayment Agreement” signed by the company with Zhejiang Zheshang Asset Management Co., Ltd. and Wenzhou Bank Co., Ltd., the company will pay back the principal amount of 173.49 million yuan in installments over a period of two years and repay all remaining principal and all interest arrears in one lump sum before the due date of December 20, 2023. As of the disclosure date of this announcement, the company still owes 998.89 million yuan in loan principal. The company will continue to actively communicate and negotiate with Zhejiang Zheshang Asset Management Co., Ltd. and Bank of Wenzhou Co., Ltd. to properly resolve the above account blocking issues.
As of the disclosure date of the announcement, the total balance of funds frozen in the above bank accounts was approximately RMB 5.09 million, accounting for 0.89% of the company's latest audited net assets. The company mainly carries out dental medical service business, R&D, production and sales of permanent magnet switches and complete high and low voltage switch equipment products through the holding company Guangdong Delun Medical Group Co., Ltd. and the wholly-owned subsidiary Jilin Yongda Electric Switch Co., Ltd. The freezing of some bank accounts of Yongda Electric may have a certain impact on its production and operation.