The Zhitong Finance App learned that Cambridge Technology (06166) rose by more than 13%. As of press release, it had risen 12.67% to HK$62.1, with a turnover of HK$294 million.

According to the news, on November 10, Cambridge Technology stated on an investor exchange platform that the company has made an important breakthrough in customer expansion in the North American market. The customer structure has gradually expanded from network equipment suppliers to different types of customers such as traditional cloud service providers, emerging cloud computing and computing power infrastructure service providers, further broadening the market space and enhancing the sustainability of business growth.

On the other hand, the production line related to Cambridge Technology's production base in Vietnam has passed customer audits and certification, and successfully implemented production capacity overseas. Along with the release of production capacity in Vietnam's production base in the future, it will become a new fulcrum for the company's core overseas production, enhance the bargaining power and delivery capacity of overseas production, effectively reduce overseas production costs, and achieve a “local response and global delivery” service layout.

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