Lianchuang Optoelectronics announced that the company and its subsidiaries added a total of 531 million yuan in overdue loans from new financial institutions, accounting for 11.90% of the company's most recent audited net assets. As of the date of disclosure of the announcement, the total amount of overdue principal loans and notes from financial institutions of the company and its subsidiaries was $1,439 million, accounting for 32.26% of the latest audited net assets, including $1,274 million in overdue principal on loans and $165 million in overdue principal on notes. The company may face risks such as late payment of interest, reduced financing capacity, lawsuits, and asset freezing. It is currently raising debt repayment funds and negotiating debt repayment plans with creditors.

Lianchuang Optoelectronics announced that the company and its subsidiaries added a total of 531 million yuan in overdue loans from new financial institutions, accounting for 11.90% of the company's most recent audited net assets. As of the date of disclosure of the announcement, the total amount of overdue principal loans and notes from financial institutions of the company and its subsidiaries was $1,439 million, accounting for 32.26% of the latest audited net assets, including $1,274 million in overdue principal on loans and $165 million in overdue principal on notes. The company may face risks such as late payment of interest, reduced financing capacity, lawsuits, and asset freezing. It is currently raising debt repayment funds and negotiating debt repayment plans with creditors.