SANERGY GROUP (02459) announced that on January 25, 2026, the company entered into a placement agreement with a placing agent. Under the terms of this agreement, the placing agent has agreed, on a best-efforts basis, to procure no fewer than six placees, who must be independent third parties, to subscribe for the placement shares. Assuming no change in the company's issued share capital between the date of this announcement and the completion of the placement, the maximum number of placement shares is 228 million. This figure represents approximately 13.33% of the company's total issued share capital as of the announcement date and approximately 11.76% of the enlarged issued share capital following the issuance of the placement shares, presuming full subscription and no other changes to the share capital. The total face value of the placement shares will be US$2.28 million. The placing price is set at HK$0.083 per share, representing a discount of approximately 17.82% compared to the closing price of HK$0.101 per share on the Hong Kong Stock Exchange on January 23, 2026, the last trading day before the placement agreement date. Assuming full subscription of the placement shares, the gross proceeds from the placement are expected to be approximately HK$18.9 million. After deducting all related fees, costs, and expenses to be borne by the company, the net proceeds are anticipated to be approximately HK$18.4 million. The estimated net price per placement share for the company is approximately HK$0.081.