This paper will introduce the concept stocks of debt-to-equity swap and the leading stocks of convertible bonds. Debt-to-equity swap refers to the conversion of corporate debt into equity by issuing convertible bonds. Convertible leading stock refers to a company with a leading position and high market recognition in the field of debt-to-equity swap. The following will introduce these two types of concept stocks respectively.

Debt-to-equity swap concept stocks refer to stocks with good performance and high market attention in the field of debt-to-equity swap. These companies usually have low debt ratio and strong solvency, and reduce debt pressure and optimize capital structure by issuing convertible bonds. The following are some representative debt-to-equity swap concept stocks:

1. China State Construction Engineering Corporation: As one of the leading enterprises in China's construction industry, the company has a huge market share and stable profitability. Its debt-to-equity swap project has been strongly supported by national policies and has been widely concerned by market investors.

2. China Railway Construction: As the main force of China's railway infrastructure construction, the company also has a high influence in the field of debt-to-equity swap. The implementation of the debt-to-equity swap project will help the company optimize its capital structure and improve its market competitiveness.

3. China Petrochemical Co., Ltd.: As one of the leading enterprises in China's energy industry, this company has strong financial strength and market competitiveness. The successful implementation of its debt-to-equity swap project will further enhance the company's capital strength and market position.

Convertible bond leading stock Convertible bond leading stock refers to a company with high market share and strong competitiveness in the convertible bond market. These companies usually have higher bond issuance scale and better credit rating, which can attract more investors' attention and recognition. The following are some representative leading convertible bonds:

1. China Construction Bank Co., Ltd.: As one of the five state-owned commercial banks in China, the convertible bonds issued by this bank are large in scale and highly recognized by the market. Its convertible bonds have good liquidity and high market investment value.

2. China Industrial and Commercial Bank Co., Ltd.: As one of the five state-owned commercial banks in China, this bank is also one of the important participants in the convertible bond market. Its convertible bonds have high credit rating and good market liquidity.

3. China Ping An Insurance (Group) Co., Ltd.: As a leading insurance group in China, the convertible bonds issued by the company have attracted much attention from the market. Its convertible bonds have higher yield and stronger risk control ability.

Conclusion This paper introduces the concept stocks of debt-to-equity swaps and the leading stocks of convertible bonds. These companies have a good performance in the field of debt-to-equity swap, and their market recognition is high, which deserves investors' attention. Investors should fully consider the company's financial situation, market competitiveness and risk control ability when choosing investment targets, so as to reduce investment risks.