C STRATEGIC TEC (01725) has announced a share placement agreement signed with its placing agent on August 18, 2026, after market hours, under which the company conditionally agrees to place up to 164 million new shares at a price of HK$0.300 each on a best-effort basis to no fewer than six placees, all of whom and their ultimate beneficial owners, where applicable, are independent third parties.

Assuming no other changes to the company's issued share capital between the announcement date and the completion date of the placement, the maximum number of placing shares represents approximately 20.00% of the existing issued share capital as of the announcement date and approximately 16.67% of the enlarged issued share capital immediately following completion.

The placing price of HK$0.300 per share represents a discount of approximately 9.09% to the closing price of HK$0.330 per share quoted on the Stock Exchange on August 18, 2026. If all placing shares are successfully placed, the total gross proceeds will amount to approximately HK$49.1 million, with net proceeds of approximately HK$48.58 million after deducting the placing commission and other related costs and expenses.

Where to direct the funds: approximately HK$20 million will be used for investment to expand the precision manufacturing business, extending the group's operations from electronic assembly to high-value material processing to strengthen vertical integration and closed-loop capabilities, while the remaining balance of approximately HK$28.58 million will serve as general working capital for the group, covering ongoing administrative expenses such as salaries, rent, professional fees, and office costs.