Yatai Group Discloses 100 Million yuan of New Debt Overdue, Accumulated Overdue Principal and Interest of Nearly 3.884 Billion yuan

On August 28, Jilin Yatai (Group) Co., Ltd. (Stock Code: 600881) issued the announcement of Lin 2026-081, disclosing the relevant information of the overdue part of the new debts of the company. The principal of the new overdue debts amounted to 100 million yuan, accounting for 16.16% of the company's latest audited net assets attributable to the parent company.

As of the disclosure date of this announcement, the accumulated principal and interest of the overdue debts of Yatai Group and its subsidiaries have reached 388374 0.1 million yuan, which accounts for 627.44% of the company's latest audited net assets attributable to the parent company.

In view of the subsequent impact of overdue debts, Yatai Group suggests that the current situation of overdue debts may lead to additional liquidated damages, late fees, penalties, overdue interest and other expenditures of the company and its subsidiaries; At the same time, as the Company has provided guarantees for the financing and credit business of some of its subsidiaries, if the overdue problem is not properly resolved, the Company and its subsidiaries may subsequently face multiple risks such as litigation, arbitration, being required to perform joint and several guarantee liabilities, and the freezing of bank accounts and assets.

At present, Yatai Group has made clear the relevant response plan: the company will continue to negotiate with creditors, actively promote the disposal of overdue debts, and is communicating with banks, various financial institutions and other relevant parties at the same time, intending to gradually resolve the debt crisis through loan extension, adjustment of interest payment methods and other means. At the same time, it will make every effort to raise debt repayment funds by strengthening cost control, increasing the collection of accounts receivable, and speeding up all kinds of inventory depletion. At the same time

, Yatai Group said that it would continue to pay attention to the progress of the debt overdue matters, fulfill the follow-up information disclosure obligations in a timely manner in strict accordance with the relevant provisions of the Shanghai Stock Exchange Listing Rules, and remind investors to pay full attention to the relevant investment risks.