The pressor enzyme renin (EC 3.4.99.l9) exists in a high molecular weight (M 1. 60,000) and a low molecular weight form (M,2 40,000) in kidney extracts. However, the mechanism responsible for the conversion between the two forms of renin is unclear.We found a new form of renin which was intermediate between the high molecular and the low molecular weight renin in kidney extract. The incubation of hog kidney extract at 37°C for 60 min yielded a renin of intermediate size (Mr: 50,000) from low molecular weight renin. This new form was converted to the high molecular weight form by the addition of sodium tetrathionate, a sulfhydryl reagent. The reverse conversions, i.e., from the high molecular to the intermediate size and then from the intermediate to the low molecular weight form were mediated by dithiothreitol and acid or alkali treatment, respectively. We further demonstrated the presence of renin-binding substance(s) in the hog renal cortex and subsequently separated them completely from renin by a pepstatin-aminohexyl-agarose column. When incubated with a preparation of this binding substance, pure hog renal renin (M,:40,000) was converted to the high molecular weight form through the intermediate form. This conversion could also be reversed. These results indicate that the intermediate molecular and the high molecular weight renin is the reversible complex of lower molecular weight renin and the renin-binding substance(s). Furthermore sulfhydryl group(s) of renin and/or the binding substance(s) are a key factor in the dissociation and association of the complex.