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CCSC Technology (CCTG) to issue 6.33M shares for smart manufacturing software

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

CCSC Technology International Holdings Limited entered a smart manufacturing platform technology purchase agreement with Asia Resource Holdings Limited. The company will acquire all rights to software for connectors, cables, wire harnesses, and related precision assembly businesses in exchange for 6,333,333 Class A ordinary shares valued at US$3,800,000, or US$0.60 per share.

The seller assigned its right to receive the consideration shares to ten assignees, and the shares will be issued on dates agreed by the parties, subject to the seller satisfying its obligations under the agreement. The board approved the transaction on April 28, 2026, and this report is incorporated by reference into the company’s Form F-3 registration statement.

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Insights

CCSC is acquiring smart manufacturing software using stock as payment.

CCSC Technology agreed to buy a smart manufacturing software platform by issuing 6,333,333 Class A ordinary shares valued at US$3,800,000. This is a non-cash consideration structure, shifting value via equity instead of cash and potentially expanding the company’s technology capabilities.

The consideration shares go to ten assignees of Asia Resource Holdings Limited and will be issued only after the seller fulfills its obligations, which stages the equity issuance. The transaction was approved by the board on April 28, 2026 and is incorporated into the existing Form F-3 shelf, aligning it with previously registered securities.

Share consideration 6,333,333 Class A ordinary shares Consideration shares for software acquisition
Per share value US$0.60 per share Implied price of consideration shares
Aggregate deal value US$3,800,000 Total value of software consideration
Assignees receiving shares 10 assignees Recipients of assigned consideration shares
Board approval date April 28, 2026 Board approval of technology purchase agreement
Agreement signing date April 29, 2026 Date Technology Purchase Agreement and assignments executed
Technology Purchase Agreement financial
"entered into a smart manufacturing platform technology purchase agreement (the “Technology Purchase Agreement”)"
Deed of Assignment financial
"entered into a deed of assignment (the “Deed of Assignment”) with respect to the assignment"
Notice of Assignment financial
"the Seller delivered to the Company and the Purchaser a notice of assignment (the “Notice of Assignment”)"
Form F-3 regulatory
"incorporated by reference into the registration statement on Form F-3 of the Company"
Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of May 2026

 

Commission File Number: 001-41919

 

CCSC Technology International Holdings Limited

 

1301-03, 13/f Shatin Galleria, 18-24 Shan Mei St

Fotan, Shatin, Hong Kong

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒      Form 40-F

 

 

 

 

 

 

Entry into a Smart Manufacturing Platform Technology Purchase Agreement with Asia Resource Holdings Limited

 

 

On April 29, 2026, CCSC Technology International Holdings Limited, a Cayman Islands company (the “Company”), as the issuer and the purchaser, entered into a smart manufacturing platform technology purchase agreement (the “Technology Purchase Agreement”) with Asia Resource Holdings Limited, a company incorporated in Seychelles (the “Seller”), as the seller, with respect to a certain smart manufacturing platform tailored for connectors, cables, wire harnesses, and related precision assembly businesses, as described more particularly therein (the “Software”).

 

Pursuant to the Technology Purchase Agreement, the Company agreed to acquire from the Seller all of the rights, title, and interests in the Software for consideration of an aggregate of 6,333,333 Class A ordinary shares (per share price of US$0.60) of the Company with an aggregate value of US$3,800,000 (the “Consideration Shares”). In connection with the Technology Purchase Agreement, on April 29, 2026, the Seller and 10 assignees (the “Assignees”) entered into a deed of assignment (the “Deed of Assignment”) with respect to the assignment of the Seller’s right to receive the Consideration Shares, and the Seller delivered to the Company and the Purchaser a notice of assignment (the “Notice of Assignment”). Pursuant to the Technology Purchase Agreement and the Assignment, the Consideration Shares will be issued to the Assignees on dates to be agreed upon by the Company and the Seller, subject to the satisfaction by the Seller of its obligations under the Technology Purchase Agreement.

 

The foregoing descriptions of the Technology Purchase Agreement, the Deed of Assignment, and the Notice of Assignment do not purport to be complete and are qualified in their entirety by reference to the full text of each of the Technology Purchase Agreement, the Deed of Assignment, and the Notice of Assignment, which are filed as Exhibits 10.1, 10.2, and 10.3, respectively, to this Form 6-K.

 

The Technology Purchase Agreement and the transactions contemplated thereby were approved and authorized by the board of directors of the Company on April 28, 2026.

 

This Form 6-K is hereby incorporated by reference into the registration statement on Form F-3 of the Company (File No. 333-284474), as amended, and into the base prospectus included therein, to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

 

Exhibit Index

 

Exhibit No.   Description
10.1   Technology Purchase Agreement, between CCSC Technology International Holdings Limited and Asia Resource Holdings Limited, dated April 29, 2026
10.2   Deed of Assignment, between Asia Resource Holdings Limited and the person listed in Schedule 1 therein, dated April 29, 2026
10.3   Notice of Assignment, delivered by Asia Resource Holdings Limited to CCSC Technology International Holdings Limited, dated April 29, 2026

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  CCSC Technology International Holdings Limited
     
Date: May 1, 2026 By: /s/ Kung Lok Chiu
  Name: Kung Lok Chiu
  Title: Chief Executive Officer

 

 

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FAQ

What technology is CCSC Technology International (CCTG) acquiring in this agreement?

CCSC is acquiring a smart manufacturing software platform tailored for connectors, cables, wire harnesses, and related precision assembly businesses. The deal transfers all rights, title, and interests in the software from Asia Resource Holdings Limited to CCSC, enhancing its manufacturing technology tools.

How much is CCSC Technology (CCTG) paying for the smart manufacturing software?

CCSC is paying an aggregate value of US$3,800,000 for the software. The consideration will be satisfied entirely in equity, through 6,333,333 Class A ordinary shares priced at US$0.60 per share under the technology purchase agreement with Asia Resource Holdings Limited.

How is the share consideration structured in CCSC Technology’s (CCTG) deal?

The company will issue 6,333,333 Class A ordinary shares, called the consideration shares, valued at US$0.60 each. Asia Resource Holdings Limited has assigned its right to receive these shares to ten assignees, who will receive them on agreed dates once contractual obligations are met.

Who approved CCSC Technology’s (CCTG) smart manufacturing software acquisition?

The transaction was approved and authorized by CCSC Technology’s board of directors on April 28, 2026. Board approval confirms internal corporate authorization for the technology purchase agreement with Asia Resource Holdings Limited and the related issuance of equity consideration shares.

When was CCSC Technology’s (CCTG) technology purchase agreement signed?

The technology purchase agreement was signed on April 29, 2026 between CCSC Technology International Holdings Limited and Asia Resource Holdings Limited. On the same date, the deed of assignment and notice of assignment relating to the consideration shares were also executed.

How does this CCSC Technology (CCTG) deal relate to its Form F-3 registration?

The report describing this transaction is incorporated by reference into CCSC Technology’s Form F-3 registration statement and base prospectus. This linkage means the details of the technology acquisition and share issuance become part of the company’s existing shelf registration framework.

Filing Exhibits & Attachments

3 documents