Shanghai Runda convertible bonds near early redemption threshold

Shanghai Runda Medical Technology Co. announced its "Rundu Convertible Bonds" are expected to satisfy the conditions for early redemption. The convertible bonds were issued on June 17, 2020, with an initial conversion price of 13.36 yuan per share, adjusted to 12.97 yuan per share effective July 18, 2025, due to dividend distributions.

According to the bond prospectus, the company has the right to redeem all or part of the unredeemed convertible bonds at their par value plus accrued interest if its A-share stock price closes at or above 130% of the current conversion price for at least 15 out of 30 consecutive trading days. This threshold is currently 16.86 yuan per share.

From August 25, 2025, to September 9, 2025, the company's stock price has already closed at or above 16.86 yuan per share for ten trading days. If the stock continues to meet this criterion for another five trading days within the next twenty consecutive trading days, the early redemption condition for the "Rundu Convertible Bonds" will be triggered. The company will then decide whether to proceed with the redemption and will fulfill its information disclosure obligations.