Newtouch: Application for Issuance of A Shares to Specific Objects Accepted
Newtouch announced that on June 13, 2025, the company received a notification from the Shanghai Stock Exchange regarding the acceptance of the application for the issuance of securities for the listing of Shanghai Newtouch Software Co., Ltd. on the Sci-Tech Innovation Board. The Shanghai Stock Exchange has verified the prospectus and related application documents submitted by the company for the issuance of securities on the Sci-Tech Innovation Board, and found that the application documents are complete and comply with legal forms, thus deciding to accept the application and conduct a review according to the law. The issuance of A-shares to specific targets still requires approval from the Shanghai Stock Exchange and a decision from the China Securities Regulatory Commission for registration before it can be implemented, and there is uncertainty regarding whether the review will be approved and the timing. The company will fulfill its information disclosure obligations in a timely manner based on the progress
