Issue with Xiaomi 12 Lite | SIM functionality

My Xiaomi 12 Lite was working perfectly well until it did no longer recognise my SIM cards. This happened after the automatic update of the Xiaomi SIM activation service 25.09.06-R.

My SIM are recognised when switching up the phone requesting me to insert the PIN to unlock them. However, the SIM cannot connect to the network.

SIM does work well in another phone.

Any idea on how to restore my SIM funtionality.

Thanks