Contel Technology appoints Ignite Capital as independent adviser on takeover offer

• Contel Technology appointed Ignite Capital (Asia Pacific) as independent financial adviser for Zhuangyan Investment International’s proposed takeover offer.
• Ignite will advise the independent board committee on whether the offer is fair and reasonable, including acceptance terms.
• The adviser’s opinion and the committee’s recommendation are due in a composite document to be sent to shareholders.
• The offer remains conditional on completion of a subscription and a placing tied to the transaction.

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-20260710-12240745), on July 10, 2026, and is solely responsible for the information contained therein.