Treasure Dragon Industry: "H19 Bao Long 2" and other 6 public market bonds will be suspended from trading starting from July 23, and the "asset-backed debt option" will be promoted.

On July 22, Baolong Real Estate subsidiary Shanghai Baolong Industrial Development Co., Ltd. announced that the company plans to introduce the "asset-for-debt option" arrangement for public market bond holders. It was reported by The Paper that the "asset-for-debt option" arrangement will be launched as early as July 24. Starting from July 23, "H19 Baolong 2", "H21 Baolong 1", "H21 Baolong 2", "H21 Baolong 3", "H0 Baolong 04" and "PR Baolong B" will be suspended from trading.