On November 8, Huawen media group announced that the company has once again failed to redeem the principal and interest of the medium-term notes on time. The first phase of the company's medium-term notes in 2017 should have been redeemed on November 8, 2024. The principal amount to be repaid was 45.1903 million yuan, and the interest to be repaid was 13.7631 million yuan, but the company failed to redeem them on time. As of the disclosure date of the announcement, the balance of the 17 Huawen media group MTN001 issuances was 0.253 billion yuan. As of the announcement date, the cumulative overdue debt of the company is approximately 0.377 billion yuan, accounting for 39.47% of the company's audited attributable net assets of 0.955 billion yuan in 2023.