Group 1 - The core point of the article is that Cambridge Technology (06166) has deposited shares worth HKD 808 million into Guotai Junan (Hong Kong), representing 13.04% of the total [1] - Cambridge Technology announced the issuance and allocation of 10.0515 million shares on November 12, 2025, under the full exercise of the over-allotment option [1]

剑桥科技（603083）(06166)发布公告，于2025年11月12日根据悉数行使超额配售权而发行及配发 1005.15万股股份。 ...

Core Viewpoint - Cambridge Technology (06166.HK) announced the issuance and allocation of 10.0515 million H-shares on November 12, 2025, following the full exercise of the over-allotment option [1] Group 1 - The company will issue a total of 10.0515 million H-shares [1]

Group 1 - Cambridge Technology experienced a decline of 5.02% on November 12, with a stock price of 99.86 yuan per share, a trading volume of 1.638 billion yuan, a turnover rate of 6.00%, and a total market capitalization of 34.46 billion yuan [1] - The company, Shanghai Cambridge Technology Co., Ltd., was established on March 14, 2006, and went public on November 10, 2017. Its main business involves the research, production, and sales of ICT terminal products for home, enterprise, and industrial applications based on cooperative models, primarily JDM and ODM [1] - The revenue composition of the company's main business includes: 55.66% from telecommunications broadband, 28.82% from wireless networks and small base stations, 13.46% from high-speed optical modules, 2.01% from edge computing and industrial interconnection products, and 0.06% from other sources [1] Group 2 - According to data from the top ten holdings of funds, one fund under GF Fund has a significant position in Cambridge Technology. The GF CSI 1000 ETF (560010) held 1.1291 million shares in the third quarter, accounting for 0.41% of the fund's net value, ranking as the fifth-largest holding [2] - The GF CSI 1000 ETF (560010) was established on July 28, 2022, with a latest scale of 35.303 billion yuan. Year-to-date returns are 27.97%, ranking 1931 out of 4216 in its category; the one-year return is 15.98%, ranking 2379 out of 3937; and since inception, the return is 9.46% [2]

Core Viewpoint - The CPO concept stocks in the A-share market experienced a collective decline, with several companies showing significant drops in their stock prices [1]. Group 1: Stock Performance - Yongding Co., Ltd. (600105) saw a decline of 6.53%, with a total market capitalization of 20.3 billion and a year-to-date increase of 182.25% [2]. - Changxin Bochuang (300548) dropped by 5.98%, with a market cap of 27.3 billion and a year-to-date increase of 102.19% [2]. - Guangku Technology (300620) fell by 5.39%, with a market cap of 24.6 billion and a year-to-date increase of 103.96% [2]. - Cambridge Technology (603083) decreased by 4.96%, with a market cap of 34.5 billion and a year-to-date increase of 147.37% [2]. - Taicheng Light (300570) declined by 4.84%, with a market cap of 20.8 billion and a year-to-date increase of 27.28% [2]. - Jepu Tech (688025) experienced a drop of 4.89%, with a market cap of 13.2 billion and a year-to-date increase of 194.80% [2]. - Tianfu Communication (300394) fell by 4.43%, with a market cap of 123 billion and a year-to-date increase of 144.51% [2]. - Sry New Materials (688102) decreased by 4.26%, with a market cap of 14.9 billion and a year-to-date increase of 120.63% [2]. - Juguang Technology (688167) saw a decline of 4.16%, with a market cap of 11.7 billion and a year-to-date increase of 103.55% [2]. - Lian Te Technology (301205) dropped by 3.71%, with a market cap of 13.6 billion and a year-to-date increase of 38.55% [2]. - Laimu Co., Ltd. (603633) decreased by 3.59%, with a market cap of 4.58 billion and a year-to-date increase of 31.69% [2]. - Zhongji Xuchuang (300308) fell by 3.47%, with a market cap of 502 billion and a year-to-date increase of 267.66% [2]. - Huilv Ecology (001267) saw a decline of 3.37%, with a market cap of 14.4 billion and a year-to-date increase of 141.49% [2].

Group 1 - The Hong Kong IPO market has seen 87 new listings this year, raising over 240 billion HKD, making it the leading exchange globally for IPO fundraising [1][2] - A total of 16 A-share companies have successfully listed on the Hong Kong Stock Exchange this year, with over 80 more in the pipeline, indicating a significant trend of A+H listings [1][3] - The successful listings are predominantly from leading companies in their respective industries, with most having a market capitalization exceeding 20 billion HKD [3][4] Group 2 - Notable companies like CATL, Heng Rui Pharmaceutical, and Sai Lisi have raised substantial funds, with CATL alone accounting for over 30% of the total fundraising from A+H listed companies [4][5] - The majority of the A+H listed companies are concentrated in the technology and consumer sectors, reflecting a strategic focus on these core areas [4][9] - The performance of newly listed companies has been strong, with 12 out of 16 stocks rising or remaining stable on their first trading day [4][10] Group 3 - There has been a notable trend of H-shares trading at a premium over A-shares for some leading companies, indicating strong international investor confidence [5][9] - A record 302 companies have submitted IPO applications to the Hong Kong Stock Exchange this year, highlighting a robust interest in the market [6][8] - The influx of A-share companies seeking to list in Hong Kong is expected to enhance the quality and liquidity of the Hong Kong market [9][11]

证券代码：603083 证券简称：剑桥科技 公告编号：临 2025-072 上海剑桥科技股份有限公司 控股股东及其一致行动人持股比例 被动稀释触及 1%刻度的提示性公告 特别提示 上海剑桥科技股份有限公司（以下简称"公司"）控股股东 Cambridge Industries Company Limited（以下简称"CIG 开曼"）及其一致行动人上海康令科技合伙企业（有限合伙）（以 下简称"康令科技"）保证向本公司提供的信息真实、准确、完整，没有虚假记载、误导性 陈述或重大遗漏。 重要内容提示： | 权益变动方向 | 比例增加□ | 比例减少☑ | | --- | --- | --- | | 权益变动前合计比例 | 11.31% | | | 权益变动后合计比例 | 10.98% | | | 本次变动是否违反已作出的承诺、意向、计划 | 是□ | 否☑ | | 是否触发强制要约收购义务 | 是□ | 否☑ | 注：权益变动前合计比例按公司股份总数 335,030,341 股（行使超额配股权之前）计算， 权益变动后合计比例按公司股份总数 345,081,841 股（超额配股权悉数行使）计算。 一、信息披露义务人及 ...

Core Viewpoint - Cambridge Technology (06166.HK) experienced a decline of nearly 5% after a previous increase of over 7% [2] Group 1 - As of the latest update, the stock price is down 4.7%, trading at HKD 80.05 [2] - The trading volume reached HKD 87.4674 million [2]

Core Viewpoint - Cambridge Technology (603083) experienced a nearly 5% decline in stock price after a previous increase of over 7%, indicating market volatility despite positive operational updates [1] Business Performance - In Q3, the optical module business showed significant growth, particularly with the 800G optical modules, which are undergoing expansion and increasing shipment volumes [1] - The company anticipates substantial delivery pressure in Q4 across its three main business segments: broadband, wireless, and optical modules, with customer demand increasing compared to Q3 [1] - Overall operational conditions for Q4 are expected to improve, with all three business segments projected to maintain continuous growth [1] Future Projections - The company plans to achieve significant shipments of 1.6T optical modules by Q1 2026, with an expected shipment proportion of approximately 20% for that year, which is anticipated to increase over time [1] - The 800G optical modules are expected to remain the primary product for shipments in 2026, with both 800G and 1.6T module proportions adjusting dynamically based on market demand and production capacity [1] - The current progress of capacity ramp-up for both 800G and 1.6T optical modules aligns with the company's internal operational planning, aiming for an annualized capacity of 2.3 million units by the end of this year [1]

Core Viewpoint - Cambridge Technology (06166) experienced a nearly 5% decline in stock price after a previous increase of over 7%, indicating market volatility despite positive operational updates [1] Business Performance - In Q3, the optical module business showed significant growth, particularly with the ongoing expansion of 800G optical modules, leading to increased production capacity and shipment volume [1] - For Q4, the company anticipates substantial delivery pressure across its three main business segments: broadband, wireless, and optical modules, with customer demand increasing compared to Q3 [1] - The overall operational outlook for Q4 is positive, with expectations of continued growth across all three business segments [1] Future Projections - The company expects to achieve significant shipments of 1.6T optical modules by Q1 2026, with an anticipated shipment proportion of approximately 20% for that year, which is expected to increase over time [1] - The 800G optical module is projected to remain the primary product for shipments in 2026, with both 800G and 1.6T module proportions adjusting dynamically based on market demand and production capacity [1] - The current progress of capacity ramp-up for both 800G and 1.6T optical modules aligns with the company's internal operational plans, aiming for an annualized capacity of 2.3 million units by the end of this year [1]