Contel Technology Company Limited announced that its public float has returned to the Hong Kong Stock Exchange’s minimum requirement of 25% following a series of on-market disposals by its controlling shareholder, Zhuangyan Investment International Limited (the “Offeror”).

On 5 November 2026, the Offeror sold 3.00 million shares (approximately 0.65% of total issued shares), followed by a further 3.20 million shares (about 0.69%) on 6 November 2026. The combined 6.20 million shares represent 1.34% of Contel’s issued share capital and are now held by public investors as defined under the Listing Rules.

As a result, the company confirms that 115.33 million shares, or 25.01% of its issued share capital, are in public hands, restoring compliance with Rule 13.32B(1) of the Hong Kong Listing Rules regarding minimum public float.

The Board of Contel Technology Company Limited comprises Chairman Lee Byungduck and Executive Director Chong Ka Yee, alongside Independent Non-Executive Directors Tseung Yuk Hei, Kenneth; Lu Zhuo; and Li Wei.