CIG Shanghai invests $100m in US subsidiary, boosts tech fund
CIG Shanghai is advancing its global strategy with two key initiatives. The company will invest $100 million into its wholly-owned US subsidiary, CAMBRIDGE INDUSTRIES USA INC. (CIG USA), to expand high-speed optical module production in North America and Southeast Asia, enhance R&D, and strengthen its global supply chain. This capital injection, sourced from H-share proceeds, will increase CIG USA’s cumulative invested capital to $142,000,010.
Separately, CIG Shanghai will acquire 99.99% of the property interests in Yangzhou Xingfu Home Entrepreneurship Investment Partnership (Limited Partnership) from Chen Lu for 5 million yuan. The company will also increase its capital commitment to the fund by an additional 300 million yuan, bringing its total commitment to 400 million yuan. The fund, which will be consolidated into CIG Shanghai's financial statements, focuses on early and growth-stage investments in integrated circuits, AI, advanced manufacturing, and other emerging technology sectors, particularly in optoelectronic devices, chips, and core IC companies.
These strategic investments are designed to leverage CIG Shanghai's H-share proceeds, improve shareholder returns, and strengthen its technological capabilities and supply chain resilience. Both transactions were approved by the company's Board of Directors on December 8, 2025, and are subject to regulatory approvals and filings.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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