China Information Technology Development Limited — Share Issue/Capital Change 2026

May 15, 2026

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

中國信息科技發展有限公司

CHINA INFORMATION TECHNOLOGY DEVELOPMENT LIMITED

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 08178)

CLARIFICATION ANNOUNCEMENT

Reference is made to the announcement (the "Announcement") of China Information Technology Development Limited (the "Company") dated 21 April 2026 and the circular (the "Circular") of the Company dated 13 May 2026 in relation to (1) the proposed Rights Issue on the basis of one (1) Rights Share for every two (2) existing Shares held on the Record Date on a non-underwritten basis; and (2) Placing of Placing Shares in connection with the Rights Issue. Unless the context otherwise requires, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement and Circular.

The Company has noted that the discount percentage in relation to the theoretical ex-rights price on page 7 of the Announcement and page 12 of the Circular was mistakenly calculated due to an inadvertent clerical error, and wishes to make the correction as underlined below:

(iv) a discount of approximately 17.68% to the theoretical ex-rights price of approximately HK$0.219 per Share based on the closing price of HK$0.238 per Share as quoted on the Stock Exchange on the Last Trading Day.

Save as stated above, all information set out in the Circular and the Announcement remains unchanged.

By order of the Board

China Information Technology Development Limited

Wong King Shiu, Daniel

Chairman and Chief Executive Officer

Hong Kong, 15 May 2026

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As at the date of this announcement, the Board comprises Mr. Wong King Shiu, Daniel (Chairman and Chief Executive Officer), Mr. Chu Joshua Allen Kiu Wah and Mr. So Han Meng Julian as executive Directors; Mr. Li Sai Wing, MH, JP and Ms. Leung Kar Ming, MH, as non-executive Directors and Mr. Wong Hoi Kuen, Mr. Chu Wun Chiu and Ms. Dodo Chan as independent non-executive Directors.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the Rules Governing the Listing of Securities on the GEM of The Stock Exchange of Hong Kong Limited for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will be available on the Company's website http://www.citd.com.hk and will remain on the "Latest Listed Company Information" page on the Stock Exchange's website at http://www.hkexnews.hk for at least 7 days from the date of its posting.

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