CHINA IN-TECH (00464) announced that on November 6, 2025 (after trading hours on the Stock Exchange), the company (as the issuer) entered into 27 subscription agreements with 27 subscribers. Under the agreements, the subscribers conditionally agreed to subscribe, and the company conditionally agreed to allot and issue a total of 117 million subscription shares at HK$0.9 per share.

The subscription price of HK$0.9 per share represents a discount of approximately 19.64% compared to the closing price of HK$1.12 per share on the Stock Exchange on the date of the subscription agreements. The 117 million subscription shares account for about 15.48% of the company's enlarged issued share capital (assuming no changes in the issued share capital from the announcement date to the completion date).

The total nominal value of the subscription shares will be HK$117,100. Upon completion, the gross proceeds from the subscription are expected to be approximately HK$105 million, with net proceeds (after deducting related expenses) estimated at around HK$103 million. The net proceeds are intended to be used for business development, loan repayment, and general working capital purposes.