China Information Technology Development Ltd. announced the completion of a placing of new shares under a general mandate. A total of 14,000,000 shares were placed at HK$0.28 per share to not less than six professional, institutional, or other investors. The placing was conducted through a placing agent, and all conditions under the Placing Agreement were fulfilled, with completion taking place on December 5, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Information Technology Development Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251205-11946386), on December 05, 2025, and is solely responsible for the information contained therein.