April 17, 2023 Shanghai, China - Cambridge Industries Group (CIG) has unveiled its plan to build a state-of-the-art manufacturing facility in the renowned China-Singapore Jiashan Modern Industrial Park. The county's government administrators, Mr. Jiang Haiyang and Ms. Tao Hongya, joined CIG's Chairman and CEO, Mr. Gerald Wong, in signing the land contract, marking a significant milestone for the company. “The selection of the China-Singapore Jiashan Modern Industrial Park as the location for the new manufacturing facility was strategic, given the area's reputation as a hub for advanced manufacturing, high-tech industries, and a thriving economic and business environment. CIG's new venture promises to be a game- changer in the industry, showcasing the company's unwavering commitment to staying ahead of the curve in technology and innovation," said Mr. Wong.

The cutting-edge facility will be fully functional by the end of 2025. It will initially specialize in developing high-speed optical modules, wired and wireless broadband access, and small cell gears, including 100G, 400G, and 800G high-speed optical modules, as well as 10GPON (wired) and WIFI 6/6E/7 (wireless) broadband access and small cell gears. In addition, the facility will operate as CIG's super distribution center, strategically positioning the company for sustainable growth and success.

"We are thrilled to be working with the esteemed partners in the China-Singapore Jiashan Modern Industrial Park. This strategic move will enable us to stay ahead of the curve in technology and innovation, and we are committed to making significant contributions to the industrial development of the Yangtze-River Delta Region," added Mr. Wong.

About Cambridge Industries Group

Cambridge Industries Group (CIG) is a global leader in advanced telecommunications and technology solutions. The company specializes in designing, developing, and manufacturing a range of cutting-edge optical communication devices and systems, including high-speed optical modules, wireless broadband access, and small cell gears. With a focus on innovation and expansion, CIG is committed to delivering quality products and services to customers worldwide.

For media inquiries, please contact:

Name:Ms. Xiao-Lin Yang Title: Marketing VP

Email: [email protected]

About China-Singapore Jiashan Modern Industrial Park (“CSJSP” for short)

China-Singapore Jiashan Modern Industrial Park is a crucial collaboration between the Suzhou Industrial Park and the Jiashan County Government. This project signed in 2018 covers a planned area of 16.5km² and aims to accommodate a residential population of 79,000 serving as the first "vitality and prosperity" industrial platform in the entire Zhejiang province, aiming to establish a robust industrial base, promote an excellent environment, and develop a beautiful new city. With intelligent sensors as the core technology for industry agglomeration, the industrial park seeks to attract leading enterprises, develop functional supporting amenities, cultivate new emerging industries, and attract high-end talent. Ultimately, the project's goal is to create an integrated and high-quality development demonstration zone in the Yangtze River Delta region.

Sources:

• Am Cham Shanghai Website

https://www.amcham-shanghai.org/en/industrial-park/china-singapore-jiashan-modern- industrial-park-csjsp

• CSJSP Website: http://www.cssd.com.cn/