Weflo Valve's convertible bonds begin share conversion

Qingdao Weflo Valve Co., Ltd. (SZSE:002871) has announced that its "Weilong Convertible Bonds" will commence conversion into company shares on February 19, 2025. The conversion period will last until August 12, 2030. The initial conversion price is set at 8.60 RMB per share. The bonds, with code SZSE:127106, were issued on August 19, 2024, with a total value of 269.71 million RMB. Bondholders can apply for conversion through the Shenzhen Stock Exchange trading system. The company reminds investors to pay attention to investment risks.