CCSC Technology International Holdings Limited Stock Price, News & Analysis

CCSC Technology International Holdings (Nasdaq: CCTG) announced the closing of a best‑efforts public offering on Oct 2, 2025. The Offering sold 11,766,627 Class A ordinary shares and 23,533,254 warrants (two warrants per share) at a combined public offering price of $0.60 per Class A share with accompanying warrants. Gross proceeds before fees and expenses were approximately $7.06 million. Each warrant has an exercise price equal to 120% of the public offering price ($0.72) and expires five years after issuance, subject to adjustments. The company intends to use net proceeds for branding and marketing in Europe and ASEAN, strategic acquisitions and collaborations, and general corporate purposes. Revere Securities acted as placement agent; the SEC declared the Form F-1 effective on Sept 30, 2025.

CCSC Technology (NASDAQ:CCTG) has announced the pricing of a public offering expected to raise $7.06 million in gross proceeds. The offering consists of 11,766,627 Class A ordinary shares and 23,533,254 warrants, with each share being sold together with two warrants at a combined price of $0.60.

The warrants have an exercise price of $0.72 per share (120% of offering price) and expire in five years. The company plans to use proceeds for strengthening branding and marketing in Europe and ASEAN regions, strategic acquisitions, and general corporate purposes. The offering is expected to close around October 2, 2025, with Revere Securities LLC acting as placement agent.

CCSC Technology (NASDAQ:CCTG), a Hong Kong-based interconnect products manufacturer, reported its fiscal year 2025 results with revenue growing 19.5% to $17.6 million. The company saw significant growth in Europe, with revenue increasing 29% to $11.0 million, while Asia revenue rose 10.2% to $5.3 million.

Gross profit increased 27.1% to $5.0 million, with improved gross margin of 28.3% (up from 26.6%). Despite revenue growth, CCSC reported a net loss of $1.4 million ($0.12 per share). The company plans to establish a new supply chain management center in Serbia to support European operations.

Cable and wire harness revenue grew 20.2% to $16.4 million, while connector revenue increased 11.1% to $1.2 million. Operating expenses rose 20.5% to $7.0 million, and cash position decreased to $3.7 million from $5.5 million year-over-year.

CCSC Technology International Holdings (NASDAQ: CCTG) reported its financial results for H1 FY2025 ended September 30, 2024. Revenue increased by 22.9% to $9.2 million, with gross profit up 20.5% to $2.7 million. Despite revenue growth, the company recorded a net loss of $0.74 million compared to a net income of $0.4 million in the same period last year.

The company's cable and wire harness segment saw a 24.9% increase in revenue to $8.6 million, while connector revenue remained flat. Europe remained the largest market, contributing 61% of total revenue. The company is establishing a new supply chain management center in Serbia, expected to complete by Q4 2025.

CCSC Technology International Holdings (Nasdaq: CCTG) reported financial results for fiscal year 2024. Revenue decreased by 38.7% to $14.7 million, compared to $24.1 million in FY 2023. Gross profit fell by 50.1% to $3.9 million, with gross margin declining to 26.6%. The company reported a net loss of $1.3 million, compared to a net income of $2.2 million in the previous year.

Despite challenges, CCSC highlighted strategic initiatives including its Nasdaq listing in January 2024, a cooperation agreement with Innogetic International to explore AI applications in manufacturing, and plans for a European supply chain management center in Serbia. The company remains focused on innovation, operational efficiencies, and market expansion to drive future growth.

CCSC Technology International Holdings, a Hong Kong-based company listed on Nasdaq under the symbol CCTG, has entered into an international purchase agreement with SHI / LIGHTCARE-SOLUTIONS ApS, a Danish healthcare lighting design and supply company. Under this agreement, CCSC will manufacture and supply healthcare lighting products based on SHI's designs to customers in the Asia Pacific region. The agreement projects an annual purchasing amount starting at €0.50 million (approximately US$0.54 million) in 2025, increasing to €3.50 million (approximately US$3.76 million) by 2030. CEO Kung Lok Chiu highlighted that this partnership aligns with CCSC's strategic goal of diversifying its product portfolio and expanding into the healthcare sector, expecting significant growth for both companies.

On June 13, 2024, CCSC Technology International Holdings (Nasdaq: CCTG), a Hong Kong-based interconnect products manufacturer, announced a strategic cooperation with Innogetic International

The agreement, signed on May 22, 2024, focuses on leveraging digital technologies like AI to enhance manufacturing processes. The companies will establish a joint venture in Hong Kong to facilitate this collaboration, sharing information and expertise to drive advancements in AI applications within manufacturing.

CEO Mr. Kung Lok Chiu emphasized the potential for significant growth and innovation through this partnership, aiming to enhance CCSC's position in the industry.

On May 16, 2024, CCSC Technology International Holdings announced plans to build a new supply chain management center in Merosina, Serbia. The 50,000-square-meter facility will commence construction in August 2024 and is slated for completion in 2025. This center will become the headquarters for CCSC's supply chain operations in Europe and will utilize advanced automation and storage technology. CCSC has established a new subsidiary, CCSC Technology Doo Beograd, to oversee operations. The project, fully supported by the Merosina government, has an estimated investment of $6 million. CEO Kung Lok Chiu emphasized that this initiative is part of a strategic plan to enhance business agility and support long-term growth.