Champion Tech Group (00092) announced that on January 12, 2026, the company entered into a placement agreement with a placing agent. The agent has agreed to use its best efforts to place 197 million placement shares to no fewer than six placees at a placing price of HK$0.176 per share, subject to the terms and conditions of the placement agreement. The placing price represents a discount of approximately 20.00% to the closing price of HK$0.220 per share on the Hong Kong Stock Exchange on January 12, 2026, the date of the placement agreement; a discount of approximately 3.084% to the average closing price of HK$0.1816 per share for the last five trading days on the Exchange immediately preceding the last trading day (excluding that day); and a discount of approximately 0.170% to the average closing price of HK$0.1763 per share for the last ten trading days on the Exchange immediately preceding the last trading day (excluding that day). Assuming the maximum of 197 million placement shares are allotted under the placement, the net proceeds to be received by the company, after deducting placing commissions and other related fees and expenses, will be approximately HK$34 million. The company intends to allocate approximately HK$12 million of the net proceeds for the group's general working capital purposes, and approximately HK$22 million will be used as dedicated working capital for the group's existing renewable energy business and existing green energy business, as well as for other investments when opportunities arise.