XQL Slewing Bearing(SZ:300850) Xin Lang Cai Jing·2025-09-24 08:14Core Viewpoint - The announcement details the redemption process for the "Qianglian Convertible Bonds" issued by Luoyang Xinqianglian Slewing Bearing Co., Ltd, highlighting the final trading and conversion dates along with the bond's performance since issuance [1] Group 1: Redemption Details - The last trading day for the "Qianglian Convertible Bonds" is September 25, 2025, after which trading will cease [1] - The final conversion date is September 30, 2025, and any bonds not converted will be forcibly redeemed at 100.99 CNY per bond [1] - The company issued the bonds in October 2022 with a total amount of 1.21 billion CNY and an initial conversion price of 86.69 CNY per share [1] Group 2: Stock Performance - As of the latest update, the conversion price has decreased to 21.80 CNY per share, indicating a significant drop in value since issuance [1] - The company's stock triggered conditional redemption clauses between August 14 and September 3, suggesting potential volatility in stock performance [1] Group 3: Investor Guidance - The company advises investors to open the ChiNext board trading permissions for conversion and warns of potential losses for those who do not convert in time [1] - The announcement includes information on the redemption process and consultation methods for investors [1]