China Technology Group (01725.HK) plans to issue up to approximately 251 million new shares, with a maximum net proceeds of approximately 138 million Hong Kong dollars.
The Wisdom Financial News APP reports that China Technology Group (01725.HK) announced that on December 5, 2025 (after trading hours), the company entered into a subscription agreement with subscribers (Ms. Zhong Li and Mr. Xie Changlun). The company plans to issue approximately 161 million subscription shares to subscribers at a price of HK$0.560 per share, which represents a discount of approximately 20.00% compared to the closing market price of HK$0.700 per share on the last trading day on the Stock Exchange. In addition, the company plans to sell up to 90 million placement shares through placement agents at a price of HK$0.560 per share.
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