Core Insights - Cambridge Technology has successfully listed its H-shares on the Hong Kong Stock Exchange, marking it as a technology company with a dual listing in both A and H shares, which accelerates its global expansion strategy [1][3] - The H-share offering involved a base issuance of 67,010,500 shares at a price of HKD 68.88 per share, raising approximately HKD 4.616 billion, which will be primarily invested in expanding production capacity, enhancing R&D capabilities, and overseas strategic initiatives [1][3] Company Overview - Cambridge Technology focuses on broadband, wireless, and optical module technology products, positioning itself as a key player in supporting the development of artificial intelligence [3] - With 20 years of operation, the company has established itself as a leading provider of critical infrastructure components for AI development [3] Global Operations - The company is building a global operational framework, with a joint headquarters in the U.S. and R&D centers in the U.S. and Japan, alongside a sales network in Italy [3] - Cambridge Technology has set up cooperative production bases in the U.S., Germany, Poland, and Malaysia, creating a comprehensive design, development, production, and sales network that supports international business expansion [3] Professional Support - The auditing firm, Crowe, has been engaged to support Cambridge Technology's A-share audit starting in 2024, establishing a strong collaborative relationship [4] - Crowe's team quickly mobilized to assist with the H-share issuance, leveraging an integrated service network between mainland China and Hong Kong, demonstrating their expertise in cross-border operations [4][5] Listing Process - The listing process was completed in seven months, showcasing the effective collaboration between Crowe, Cambridge Technology's management, and other intermediaries, highlighting Crowe's resource coordination and project execution capabilities [5] - The successful listing opens a new chapter for Cambridge Technology, emphasizing the integration of production and finance for future growth [5]