---
title: "ST Longda Says Convertible Bond Trading to Halt on July 8 Ahead of July 12 Maturity"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291787621.md"
description: "ST Longda announced that its convertible bond will halt trading on July 8, 2026, ahead of maturity on July 12. This follows abnormal volatility and a self-review confirming no undisclosed major matters. With 73.59% of bonds unconverted, the company warned of a significant risk of default, stating current funds are insufficient to cover principal and interest due at maturity."
datetime: "2026-07-06T10:08:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291787621.md)
  - [en](https://longbridge.com/en/news/291787621.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291787621.md)
generator: "portal-rs"
---

# ST Longda Says Convertible Bond Trading to Halt on July 8 Ahead of July 12 Maturity

ST Longda said its “Longda Convertible Bond” saw abnormal trading volatility after the cumulative closing-price deviation exceeded 30% over three consecutive trading days: July 2, 2026; July 3, 2026; and July 6, 2026. According to Jin10, the company said that as of July 6, 2026, the bond price was 81.96 yuan per bond, with a conversion premium rate of 8.72%. The company said that after a self-review, it found no major matters that should have been disclosed but were not disclosed. ST Longda also said the “Longda Convertible Bond” will mature on July 12, 2026, and will stop trading on July 8, 2026. As of July 3, 2026, 73.59% of the bonds had not been converted into shares. The company said its current monetary funds balance is expected to be insufficient to cover the principal and interest due at maturity, and it warned of a major risk that it may be unable to repay the principal and interest on time.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**