The Beijing Stock Exchange has witnessed a milestone with the successful issuance of its first convertible bond, marking the completion of Youji Shares' convertible bond project. This event garnered significant interest, attracting the enthusiastic participation of 24 institutional investors, encompassing securities firms, funds, trusts, and private equity firms, in the subscription process. Concurrently, the registration process for Wantong Hydraulic's convertible bond issuance plan has been reinstated, while Weibo Hydraulic has also revised its issuance strategy. Market analysts note that the Beijing Stock Exchange is now experiencing a surge in convertible bond issuances. Specifically, Youji Shares' convertible bond issuance amounts to 120 million yuan, spanning a six-year term, with the proceeds earmarked for technological upgrades and expansion projects. Wantong Hydraulic aims to leverage convertible bonds to attract strategic partners, thereby accelerating the company's growth. These developments underscore the burgeoning vitality and immense potential of the convertible bond market on the Beijing Stock Exchange.