Cambridge Technology (603083.SH) plans to take over and participate in the subscription for Yangzhong Happy Home Venture Capital Partnership

Zhitong Finance App News, Cambridge Technology (603083.SH) announced that the company plans to raise RMB 5 million in capital by issuing overseas listed foreign shares (H shares) to acquire 99.99% of the property share of the Yangzhong Happy Home Venture Capital Partnership (limited partnership) (hereinafter referred to as the “partnership”) held by Chen Lu (corresponding to a pledged share of 10,000 yuan, with an actual investment of 5 million yuan), and to increase the pledged share by 300 million yuan by issuing overseas listed foreign shares (H shares). After the transaction is completed, the total amount of capital pledged by the partnership was changed to RMB 400.01 million, and the company pledged capital of RMB 40,000 million, accounting for 99.9975%. The partnership will be included in the scope of the company's consolidated statement.

This investment is a joint investment made by the company using capital raised by issuing overseas listed foreign shares (H shares) with professional institutions. It can make full use of the resources and advantages of professional institutions in the field of investment and carry out equity investment business under the premise of reasonable risk control to obtain medium- to long-term investment returns. At the same time, by focusing on enterprises in the field of optical devices, chips and core ICs, it is possible to strengthen the company's control over the upstream and downstream industrial chain, enhance the company's technical capabilities and supply chain resilience, improve downstream market coverage and expand market influence, diversify the company's investment portfolio and maximize strategy and management synergy, which is in line with the company's long-term development strategy and capital use plan.