Pintec Technology Holdings Ltd. (Nasdaq: PT), a prominent technology platform in China's financial services sector, has announced a private placement involving the exchange of Class A ordinary shares for shares of ZIITECH PTY LTD. The agreement entails the transfer of 715,521 ordinary shares of ZIITECH to Pintec in exchange for 83,726,789 Class A ordinary shares of Pintec. This transaction will result in Pintec acquiring approximately 25% of ZIITECH's total issued and outstanding shares. The completion of the transaction is subject to customary closing conditions and is expected to occur in September 2025. Following the closing, Pintec will consolidate ZIITECH's financial statements, strengthening its position in the market. The issuance of the new shares is exempt from registration under the Securities Act of 1933.