Newtouch(SH:688590) Zheng Quan Zhi Xing·2025-08-01 16:10Core Viewpoint - Shanghai Xinzhi Software Co., Ltd. is in the process of responding to the Shanghai Stock Exchange's inquiry regarding its application for a specific issuance of A-shares, which requires further review and approval from regulatory authorities [2][3]. Group 1 - The company received an inquiry letter from the Shanghai Stock Exchange on June 24, 2025, regarding its application for the issuance of A-shares to specific investors [2]. - The company has conducted a thorough review of the issues raised in the inquiry letter and has submitted a response along with updated application documents to the Shanghai Stock Exchange [2]. - The issuance of A-shares is contingent upon approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission, with uncertainties regarding the timing and outcome of these approvals [3].