Huayi Brothers Media Corporation (stock short name: ST Huayi, stock code: 300027.SZ) has announced that the company and its controlled subsidiaries have seen a combined total of approximately 15.7968 million yuan in newly accumulated lawsuits and arbitration claims, representing 58.27% of the company's latest audited net assets in absolute value. The company also disclosed that some of its bank accounts have been frozen. According to the listing rules on the Shenzhen Stock Exchange's ChiNext Board, the company is required to disclose relevant information when the amount involved in a case accounts for more than 10% of the latest audited net assets in absolute value and the absolute amount exceeds 10 million yuan. Based on the company's 2025 annual report, 10% of its latest audited net assets in absolute value stands at 2.7111 million yuan.
All newly added cases involve the company or its controlled subsidiaries as defendants or respondents. The company also provided updates on previously disclosed litigation and arbitration matters, noting that cases already concluded in prior disclosures are no longer listed, and confirmed that there are no other undisclosed litigation or arbitration matters. Regarding account freezes, a total of 25 bank accounts belonging to the company and its subsidiary Huayi Brothers Film Co., Ltd. are currently frozen, involving 10 banks including China Construction Bank, China Merchants Bank, Zheshang Bank, Bank of China, Industrial and Commercial Bank of China, CITIC Bank, China Minsheng Bank, Bank of Hangzhou, Huaxia Bank, and Shanghai Pudong Development Bank, of which two are basic accounts.
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