ST Zhongzhuang: "Zhongzhuang Conversion 2" will stop conversion on September 19 and warns of investment risks

Starting from September 19, 2025, *ST Zhongzhuang "Zhongzhuang Convertible Bond 2" holders will no longer enjoy the right to convert their bonds into shares, with the last conversion date being September 18. The company was subjected to delisting risk warning on August 20. To protect the rights of bondholders, it was decided to extend the conversion period to the 30th natural day after the restructuring is accepted. Holders who have not converted their bonds by the close of trading on September 18 can declare unsecured ordinary claims, which will be settled together with other ordinary claims. The immediate repayment ratio may be small, and the actual payment time is uncertain. If the restructuring fails, the company may go bankrupt, and the repayment situation for "Zhongzhuang Convertible Bond 2" is unclear. The company has set up a consultation hotline to remind investors to pay attention to risks and invest rationally