CHINA PPT INV (00736) has announced that on September 18, 2026 (after trading hours), the company entered into seven separate subscription agreements with seven individual third parties.

Under these agreements, the company has conditionally agreed to allot and issue a total of 53.433 million subscription shares at a price of HK$0.188 per share. This total represents approximately 16.67% of the existing issued shares as of the announcement date, and approximately 14.29% of the issued shares after the allotment and issuance of the subscription shares.

The subscription price of HK$0.188 per share represents a premium of approximately 5.6% over the closing price of HK$0.178 per share quoted on the Stock Exchange on September 18, 2026 (Hong Kong time), which is the date of the subscription agreements.

The company intends to use the net proceeds from the placement to settle the Group's interest-bearing borrowings.