Summary by Futu AI
Haichang Holding Limited ("Haichang Ocean Park") announced on November 20, 2024, that due to the public health incident, there was a decline in revenue and operational challenges, as well as adverse weather impacting the business. The company received a collection notice from Bank of China regarding an overdue loan, involving 50 million RMB in principal and approximately 13.8 million RMB in interest. Haichang Ocean Park is currently discussing a repayment extension plan with the lender and actively raising funds to address liquidity pressure. The company expects not to default on other loan agreements. Trading of shares was suspended on November 18 and resumed on November 21.