CHINA INFO TECH (08178) announced that all conditions under the placement agreement have been fulfilled, and the placement was completed on December 5, 2025. The placing agent successfully allocated a total of 14 million placement shares at HK$0.28 per share to no fewer than six placees in accordance with the terms of the agreement.

The 14 million placement shares represent approximately 13.90% of the company's existing issued share capital prior to completion and about 12.20% of the enlarged issued share capital after the allotment and issuance of the placement shares.

The gross proceeds from the placement amount to HK$3.92 million, while the net proceeds (after deducting commissions and related expenses) are approximately HK$3.82 million. The company intends to use the net proceeds for repaying maturing debts and general working capital purposes.