CT VISION (00994) announced that on May 27, 2026, the company entered into a subscription agreement with the subscriber, Yukon Asset Management. Under the agreement, the company conditionally agreed to allot and issue, and the subscriber conditionally agreed to subscribe for, 30 million subscription shares at a subscription price of HK$0.36 per share. The subscription shares represent approximately 2.70% of the company's existing issued share capital as of the announcement date; approximately 2.63% of the company's issued share capital as enlarged by the allotment and issuance of the subscription shares; and approximately 2.33% of the company's issued share capital as enlarged by the issuance of the subscription shares and the placement shares (assuming no change in the company's issued share capital from the date of the subscription agreement to the completion date, other than the allotment and issuance of the placement shares). Based on a nominal value of HK$0.01 per share, the total nominal value of the 30 million subscription shares is HK$300,000. The estimated gross and net proceeds from the subscription are HK$10.8 million and approximately HK$10.6 million, respectively. The net price per placement share will be approximately HK$0.3534. The company intends to use approximately HK$10.6 million for the development of its renewable energy business. On May 27, 2026, the placing agent entered into a placing agreement with the company. The company conditionally agreed, on a best efforts basis through the placing agent, to place up to 150 million placement shares to no fewer than six placees (who and whose beneficial owners, where applicable, are all independent third parties) at a placing price of HK$0.36 per placement share. The placement shares will be allotted and issued under the general mandate. The maximum number of placement shares under the placing represents approximately 13.50% of the company's existing issued share capital of 1.111 billion shares as of the announcement date; approximately 11.90% of the company's issued share capital as enlarged by the allotment and issuance of the maximum number of placement shares; and approximately 13.94% of the company's issued share capital as enlarged by the allotment and issuance of the maximum number of placement shares and the subscription shares (assuming no change in the company's issued share capital from the date of the placing agreement to the completion date, other than the allotment and issuance of the subscription shares). Based on a nominal value of HK$0.01 per share, the total nominal value of the maximum number of placement shares under the placing will be HK$1.5 million. Assuming the successful placement of all placement shares, the gross and net proceeds from the placing are estimated to be approximately HK$54 million and approximately HK$53 million, respectively. The net price per placement share will be approximately HK$0.3534. The company intends to use approximately HK$33 million for the development of its renewable energy business and approximately HK$20 million for the development of its aerospace business.