---
title: "Luoyang XQL Slewing Bearing's \"Qianglian Convertible Bond\" is about to be redeemed, reminding investors to convert their shares in a timely manner"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258650237.md"
description: "Luoyang XQL Slewing Bearing Co., Ltd. announced that the \"XQL Convertible Bonds\" will soon be redeemed, with the last trading day on September 25, 2025, and the last conversion day on September 30. Those not converted will be forcibly redeemed at 100.99 yuan per bond. The bonds were issued in October 2022, with a total amount of 1.21 billion yuan, an initial conversion price of 86.69 yuan per share, and the latest price at 21.80 yuan per share. The company reminds investors to convert their bonds in a timely manner, as failure to do so may result in losses, and has announced the redemption procedures and consultation methods"
datetime: "2025-09-24T08:08:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258650237.md)
  - [en](https://longbridge.com/en/news/258650237.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258650237.md)
---

# Luoyang XQL Slewing Bearing's "Qianglian Convertible Bond" is about to be redeemed, reminding investors to convert their shares in a timely manner

Luoyang XQL Slewing Bearing Co., Ltd. announced the implementation of the "XQL Convertible Bond" redemption. The last trading day for the "XQL Convertible Bond" is September 25, 2025, and trading will cease after the market closes; the last conversion date is September 30, and those not converted after the market closes will be forcibly redeemed at 100.99 yuan per bond. From August 14 to September 3, the company's stock triggered the conditional redemption clause. This bond was issued in October 2022, with a total amount of 1.21 billion yuan, an initial conversion price of 86.69 yuan per share, and the latest price being 21.80 yuan per share. The company reminds investors that conversion requires opening the ChiNext permissions, and failure to convert in a timely manner may result in losses. It also announced information regarding the redemption process and consultation methods

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