---
title: "NORINCO International: Beifang Convertible Bonds will soon stop conversion; please convert shares in a timely manner before the market closes"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/234323315.md"
description: "NORINCO International announced at noon on April 3rd that the Northern Convertible Bonds will soon stop converting into shares, with only half a trading day left until the redemption date. After the market closes on April 3rd, the Northern Convertible Bonds that have not been converted will cease to convert, and the remaining convertible bonds will be forcibly redeemed at a price of 100.9 yuan per bond. Due to the significant difference between the current secondary market price of the Northern Convertible Bonds and the redemption price, all holders are particularly reminded to convert their bonds in a timely manner before the market closes on April 3rd; failure to do so may result in losses"
datetime: "2025-04-03T04:04:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/234323315.md)
  - [en](https://longbridge.com/en/news/234323315.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/234323315.md)
---

# NORINCO International: Beifang Convertible Bonds will soon stop conversion; please convert shares in a timely manner before the market closes

NORINCO International announced at noon on April 3rd that the Northern Convertible Bonds will soon stop converting into shares, with only half a trading day remaining until the redemption date. After the market closes on April 3rd, the Northern Convertible Bonds that have not been converted will stop converting, and the remaining convertible bonds will be forcibly redeemed at a price of 100.9 yuan per bond. Due to the significant difference between the current secondary market price of the Northern Convertible Bonds and the redemption price, all holders are particularly reminded to convert their bonds in a timely manner before the market closes on April 3rd; failure to do so may result in losses

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