3418163 - After you convert a planned order in Manage Material Coverage app, the production order generated is not released automatically.

In SSCUI 102508 - Define Production Scheduling Profile for Discrete Manufacturing, you have set that the production order will be released at creation.
However, when you convert a planned order to a production order in Manage Material Coverage app, the production order is saved without being released. Checking in the production order, there is a status RELR.

SAP S/4HANA Cloud, public edition

Manage Material Coverage, convert planned order, release production order, RELR, SSCUI 102508 - Define Production Scheduling Profile for Discrete Manufacturing, SSCUI 102447 - Define Checking Control, Monitor Stock / Requirements List, MD04, CO40 , KBA , PP-SFC-EXE-2CL , Order Execution (Public Cloud) , PP-FIO-MRP-2CL , Fiori UI for Material Requirements Planning (Public Cloud) , Problem