Changes in Hong Kong stocks | Cambridge Technology (06166) rose more than 3% to establish a partnership to carry out equity investment business focusing on companies in optical devices and other fields

The Zhitong Finance App learned that Cambridge Technology (06166) rose more than 3%. As of press release, it had risen 2.14% to HK$86, with a turnover of HK$141 million.

According to the news, Cambridge Technology announced that on July 24, 2026, the company and Shanghai Zhifengzhi signed a partnership agreement to establish a partnership. The partnership will mainly engage in equity investment, investment management and asset management, and invest in unlisted companies through private equity funds and venture capital. According to the partnership agreement, the company (as limited partner) and Shanghai Zhifeng (as general partner) will invest RMB 800 million and RMB 10,000 respectively into the partnership, accounting for 99.9988% and 0.0012% of the partnership's equity, respectively.

The establishment of a partnership is a joint investment carried out by the company using its own capital and 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 return on investment. 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.