• Zhuangyan Investment International launched a cash offer for Contel Technology at HK$ 0.37 per share.
• Offer opened Aug. 21, 2026, following a subscription and placing completed July 29 that left Zhuangyan holding 271,230,595 shares.
• Zhuangyan’s stake equals about 58.81% of Contel’s 461,209,833 shares outstanding as of Aug. 19.
• The offer targets 189,979,238 shares, implying total consideration of about HK$ 69.34 million on full acceptance.
• Zhuangyan indicated it plans to keep Contel listed and maintain existing operations, subject to a post-offer business review.

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. Contel Technology Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260821-12293416), on August 20, 2026, and is solely responsible for the information contained therein.