CIG ShangHai Co Ltd Class ACompany invests 800 million yuan in a fund to expand into advanced manufacturing and IT, consolidating the fund as a subsidiary.

Cambridge Technology announced that on July 24, 2026, it entered into a partnership agreement with Shanghai Zhifengzhizi Private Equity Fund Management Co., Ltd. to jointly establish Jiaxing Hujiang Optoelectronic Industry Fund Partnership. The total committed capital of the fund is 800 million yuan, of which the company, as a limited partner, contributes 800 million yuan, and the general partner, Shanghai Zhifengzhizi, contributes 10,000 yuan. Upon completion of the transaction, the partnership will be accounted for as a subsidiary of the company, and its financial results will be consolidated into the company's financial statements. The partnership's business scope includes equity investment, investment management, and asset management, primarily investing in unlisted equity of companies in emerging industries such as integrated circuits and artificial intelligence within advanced manufacturing and information technology, with a focus on optical devices, chips, and core IC companies.
CIG ShangHai Co Ltd Class ACompany invests 800 million yuan in a fund to expand into advanced manufacturing and IT, consolidating the fund as a subsidiary.
The partnership fund is established with Cambridge Technology as the main limited partner; impact depends on future investments.
General partner Shanghai Zhifengzhizi manages the fund, earning management fees and carried interest.