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Guangli Technology: Only half a trading day left until the "Guangli Convertible Bond" stops converting to shares
People’s Financial News, April 7—Guangli Technology (300480) announced at midday on April 7 that, April 7 is the last day for conversion of the “Guangli Convertible Bonds.” Before the close of trading on that day, investors holding the “Guangli Convertible Bonds” may still carry out conversions. After the close of trading on April 7, the “Guangli Convertible Bonds” that have not been converted will stop trading for conversion, and the remaining “Guangli Convertible Bonds” will be forcibly redeemed at a price of 101.101 yuan per bond (per lot). If the bonds are forcibly redeemed, investors may face losses. As of after the market closed on the morning of April 7, there are only half a trading day left until the date when the “Guangli Convertible Bonds” stop accepting conversions (April 8), i.e., the afternoon trading session on April 7.