ST Dongshi: "Dongshi Convertible Bonds" due on April 8th, expected to be unable to pay principal and interest on time.

date
18/03/2026
ST Dongshi announced that the "Dongshi Convertible Bonds" will mature on April 8, 2026, with a redemption amount of 108 yuan per bond. The company is expected to be unable to repay on time, facing significant risks. The last trading day is April 2, and the last conversion day is April 8. The company is currently in the pre-reorganization stage. If it enters the reorganization process, holders of "Dongshi Convertible Bonds" will participate in the settlement of debts, with the plan and timing to be determined. In addition, there is no conclusion yet on whether the company can enter the reorganization process, and the stock may also be subject to the risk of delisting warning.