Newtouch(SH:688590) Shang Hai Zheng Quan Bao·2026-02-05 18:27Core Viewpoint - Shanghai New Touch Software Co., Ltd. has triggered the conditional redemption clause for its convertible bonds due to the stock price meeting specific criteria, leading to a decision to redeem all outstanding bonds at face value plus accrued interest [2][9]. Group 1: Convertible Bond Redemption - The company’s stock price from January 16 to February 5, 2026, met the condition of being at least 130% of the current conversion price of 10.53 CNY per share, specifically reaching 13.69 CNY per share for 15 out of 30 trading days [2][8]. - The board of directors convened on February 5, 2026, and approved the proposal to exercise the right of early redemption for the convertible bonds [9]. - Investors holding the convertible bonds can either trade them in the secondary market or convert them at the conversion price of 10.53 CNY per share, or face mandatory redemption at 100 CNY per bond plus accrued interest [2][9]. Group 2: Convertible Bond Issuance Overview - The company issued a total of 4,848,100 convertible bonds at a face value of 100 CNY each, raising a total of 484.81 million CNY, with trading commencing on November 2, 2022 [3]. - The bonds have a maturity period from September 27, 2022, to September 26, 2028, with a tiered interest rate structure starting at 0.5% in the first year and increasing to 3.0% by the sixth year [3]. Group 3: Conversion Price Adjustments - The conversion price has been adjusted multiple times due to various corporate actions, with the latest adjustment setting it at 10.53 CNY per share [4][5][6].