New Frontier Software: Application for the issuance of A shares to specific parties has been accepted.
New Wisdom Software announcement, the company received a notification from the Shanghai Stock Exchange on June 13, 2025, regarding the acceptance of the application for the issuance of securities by Shanghai New Wisdom Software Co., Ltd. for the Science and Technology Innovation Board. The Shanghai Stock Exchange has checked the prospectus and related application documents submitted by the company for the issuance of securities by the Science and Technology Innovation Board market, and believes that the application documents are complete and comply with the legal requirements, and has decided to accept them for review in accordance with the law. The issuance of A shares to specific entities in this matter still needs to be approved by the Shanghai Stock Exchange and obtain a decision from the China Securities Regulatory Commission before it can be implemented. The final decision on whether it can pass the review and the timing are uncertain. The company will fulfill its disclosure obligations in a timely manner according to the progress of the situation.
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