CIG(SH:603083) Xin Lang Cai Jing·2025-10-28 05:16Core Viewpoint - Cambridge Technology successfully listed on the Hong Kong Stock Exchange on October 28, 2025, raising approximately HKD 46.16 billion through its IPO, with a strong demand reflected in the oversubscription rates of 338.7 times for the public offering and 16.5 times for the international offering [5][6]. Group 1: IPO Details - Cambridge Technology issued 67.01 million H shares, representing 20% of the total shares post-IPO, with a pricing of HKD 68.88 per share [5]. - The IPO attracted 16 cornerstone investors who collectively subscribed for USD 290 million (approximately HKD 22.57 billion) of the offering [5]. - The company’s stock opened at HKD 99.60, reflecting a 44.6% increase, leading to a total market capitalization of approximately HKD 333.69 billion [8]. Group 2: Shareholder Structure - The largest shareholder group consists of Gerald G. Wong and Zhao Haibo, holding 9.56% and 1.75% respectively, totaling 11.31% [6]. - Other shareholders include A-shareholders with 68.69% and H-shareholders with 20%, bringing the total to 100% [6]. Group 3: Company Overview - Established in 2006, Cambridge Technology is a global leader in providing critical infrastructure components to support artificial intelligence development, focusing on optical, broadband, and wireless solutions [7]. - The company ranks fifth in the global optical and wireless connectivity device (OWCD) industry with a market share of 4.1% as of 2024 [7]. - Cambridge Technology is among the first companies to deploy 800G and 1.6T optical module products, offering a range of interconnect speeds [7].