IPO News | Cambridge Technology (603083.SH) Proposes Hong Kong Stock Listing, China Securities Regulatory Commission Requests Additional Explanation on Overseas Investment Projects

The Zhitong Finance App learned that on June 20, the China Securities Regulatory Commission announced the “Requirements for Supplementary Materials for Overseas Issuance and Listing (June 13, 2025 to June 19, 2025)”, and the International Department of the Securities Regulatory Commission issued supplementary material requirements for 7 companies. Among them, Cambridge Technology (603083.SH) is required to provide additional information on matters such as websites, apps, applets and other products developed and operated by the company and its subsidiaries, details of overseas fund-raising projects, and implementation of overseas investment approval, approval or filing. According to reports, on April 28, Cambridge Technology handed over the Hong Kong Stock Exchange to the main board of the Hong Kong Stock Exchange, and Cathay Pacific Junan International was its sole sponsor.

The Securities Regulatory Commission requested Cambridge Technology to further explain the following matters, and ask lawyers to check and issue clear legal opinions:

1. Please provide additional information on whether the scope of business of the company and its subsidiaries covers the field of “Special Administrative Measures for Foreign Investment Access (Negative List)” (2024 Edition), and whether they continue to meet the requirements of foreign investment access policies before and after this issuance and listing.

2. Please provide additional information on the status of websites, apps, applets and other products developed and operated by the company and its subsidiaries, the scale of collected and stored user information, data collection and use, and whether it involves providing personal user information to third parties, personal information protection and data security arrangements or measures before and after listing.

3. Please provide additional information on the details of overseas fund-raising projects and the implementation of overseas investment approval, approval or filing.

According to the prospectus, Cambridge Technology is a global industry leader in providing critical infrastructure components to support the development of artificial intelligence. During the record period, Cambridge Technology's sales revenue mainly came from optical connectivity solutions, broadband solutions and wireless technology solutions.

Cambridge Technology's optical connectivity solutions enable efficient connectivity and seamless communication within and between computing clusters. According to Frost & Sullivan, the company is one of the first companies in the global OWCD industry to develop 800G and 1.6T optical module products. Furthermore, as of the last practical date (April 18, 2025), the company's 800G optical module represents the most advanced mass-produced optical module product in the world, and the company's 1.6T optical module is currently one of the leading research products in the industry.