First, the maturity rate of convertible bonds is not high, and second, investors have to bear the risks of discount and forced redemption, and investors can choose other products with higher returns.
Convertible bond is a financing method for listed companies. They have the dual attributes of bonds and conversion into stocks, and can be converted into stocks after six months of listing. Convertible bonds are subject to T+0 trading, with no price limit (with temporary suspension mechanism).
Convertible bonds can be converted into shares six months after listing. If you don't transfer shares, you can always hold them and enjoy interest income at maturity, but be careful that convertible bonds are forcibly redeemed, otherwise the losses will be heavy.