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On July 24, Cambridge Technology made a public announcement regarding its signing of the 'Partnership Agreement for the Jiaxing Hujiang Optoelectronics Industry Fund Partnership (Limited Partnership)'. The company plans to join as a limited partner, committing 800 million yuan of its proprietary capital to the Jiaxing Hujiang Optoelectronics Industry Fund. This investment will constitute a substantial 99.9988% stake in the fund. The fund's primary investment strategy focuses on acquiring equity stakes in unlisted companies operating within burgeoning sectors such as advanced manufacturing and information technology. This encompasses industries like integrated circuits and artificial intelligence, with a special emphasis on businesses specializing in optical devices, chips, and core integrated circuits (ICs).
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