---
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258013913.md"
description: "ZHmag announced that the \"ZHmag Convertible Bond\" will stop conversion with only half a trading day left, specifically during the trading session on September 19. After the market closes on September 19, the \"ZHmag Convertible Bond\" that has not been converted will cease conversion, and the remaining convertible bonds will be forcibly redeemed at a price of 100.5 yuan per bond. If forcibly redeemed, investors may face investment losses. SPC announced plans to purchase liability insurance for the company and its directors and senior management, with a total premium not exceeding 150,000 yuan per year and an insurance period of 12 months"
datetime: "2025-09-19T04:06:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258013913.md)
  - [en](https://longbridge.com/en/news/258013913.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258013913.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/258013913.md) | [繁體中文](https://longbridge.com/zh-HK/news/258013913.md)


# 

ZHmag announced that the "ZHmag Convertible Bonds" will stop conversion with only half a trading day left, specifically during the afternoon trading session on September 19. After the market closes on September 19, the "ZHmag Convertible Bonds" that have not been converted will cease conversion, and the remaining convertible bonds will be forcibly redeemed at a price of 100.5 yuan per bond. If forcibly redeemed, investors may face investment losses. SPC announced plans to purchase liability insurance for the company and its directors and senior management, with a total premium not exceeding 150,000 yuan per year and an insurance period of 12 months

### Related Stocks

- [ZHmag (300224.CN)](https://longbridge.com/en/quote/300224.CN.md)
- [SPC (002573.CN)](https://longbridge.com/en/quote/002573.CN.md)

## Related News & Research

- [Total Lunar Eclipse To Redden Moon In Early Morning Tuesday](https://longbridge.com/en/news/277618004.md)
- [Iran war disrupts global ocean freight and air cargo supply chains beyond oil](https://longbridge.com/en/news/277782995.md)
- [Russian gas tanker sinks near Libya after explosions, maritime authority says](https://longbridge.com/en/news/277807829.md)
- [Hong Kong’s Ocean Park to open new conservation centre featuring whale skeleton](https://longbridge.com/en/news/277746413.md)
- [Trump administration considering looser protections for North Atlantic right whale](https://longbridge.com/en/news/277673540.md)