Huaxia Happiness: the total amount of debt that failed to be repaid as of May 31 totaled 27.938 billion yuan.

FAP, June 16 / PRNewswire-FirstCall-Asianet /-- according to Huaxia Happiness announcement, as of May 31, 2023, the company failed to repay debts on schedule totaling 27.938 billion yuan (excluding interest). In the company's "Huaxia Happy debt restructuring Plan", the cumulative amount of financial debt restructuring through signing contracts is about 181.296 billion yuan (including 4.96 billion US dollars of bonds issued by overseas indirect wholly-owned subsidiaries).