---
title: "Runda Medical: Triggered redemption clause, decided not to redeem \"Runda Convertible Bonds\" in advance for the time being"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/257689625.md"
description: "Runda Medical announced that due to meeting the redemption conditions, the company has decided not to redeem the \"Runda Convertible Bonds\" in advance. This bond will trigger the redemption clause if there are at least fifteen trading days with a closing price not lower than 130% of the conversion price during the trading days from August 25 to September 17, 2025. The board of directors stated that if the conditions are triggered again within the next three months, the redemption rights will also not be exercised. This convertible bond was listed in 2020, and the current conversion price is RMB 12.97 per share"
datetime: "2025-09-17T09:15:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/257689625.md)
  - [en](https://longbridge.com/en/news/257689625.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/257689625.md)
---

# Runda Medical: Triggered redemption clause, decided not to redeem "Runda Convertible Bonds" in advance for the time being

Shanghai Runda Medical Technology Co., Ltd. announced that its stock, from August 25, 2025, to September 17, 2025, has triggered the redemption clause of the "Runda Convertible Bond" as it met the condition of closing prices not lower than 130% of the current conversion price for at least fifteen trading days out of thirty consecutive trading days. On September 17, the company's board of directors decided not to exercise the early redemption rights this time, and in the next three months, if the redemption clause is triggered, it will also not exercise that right. If the clause is triggered again after December 17, 2025, the board will make another decision. In addition, the relevant entities of the company have not held the convertible bonds before the redemption conditions are met and have no plans to reduce holdings in the next six months. The "Runda Convertible Bond" was listed on July 13, 2020, with an initial conversion price of 13.36 yuan/share, which has been adjusted multiple times to the current price of 12.97 yuan/share

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