CIG SHANGHAI CO., LTD. 6166 20251231 20251231 2025 (www.hkexnews.hk)(www.cigtech.com)2025 Gerald G Wong 2026330 (i)Gerald G Wong(ii) Gerald G Wong 2026330202520250.28AH2025 ✓ ✓ —— ✓ i12111213108113170207213215219220223 Cambridge Industries Group LimitedCIGCambridge Industries USA IncC1CIGCambridge Industries Company Limited20055Gerald G WongCIG HoldingHong Kong CIG Holding Company, LimitedCIG2019CIG Photonics Japan Limited2018CIGTech Japan LimitedCIG Photonics Europe GmbHOne Fiber Access GmbHCO-LOCo-locationCIGGerald G Wong2017830Gerald G WongGeraldG Wong G.fast4001GbpsITU-TG.9701GPONGigabit PONITU-T G.984GSMAGlobal System for Mobile Communications Association(MWC)H20251020HICTInformation Communications TechnologyITIDCInternational Data Corporation(ISAC)6GJDMJoint Design Manufacturer (OLT) 23888501 Gerald G Wong 2445 Augustine Drive, 6thFloorSanta Clara, CA 95054, United States 33191901 (ACGHKACG) H1617 Gerald G Wong ESG Gerald G Wong 6166603083 Gerald G Wong www.cigtech.com 1—1— ✓ ICT 1ICT ICT25G/50GPON25G PON50G PONASIC1,0002025G PONXGS PON10G PON50%XGS PONPONAI 25G PON10GPON 2 4G20254G/5GICT5G Wi-Fi 7Open Wi-FiWi-Fi 7AP70%OpenWi-FiAPOptimAIWi-Fi7 3 2009201825G/100G/200G/400G/800G/1.6T800G/1.6T2025800G800G3nm DSP1.6T2025400G800G3.2T/6.4T CPO/NPO 800G/1.6TCW71190%400G/800G500 Coherent800G/1.6T800G/1.6TAI2025AI800GAI 1 800G25GPON 11.65%Wi-Fi 750G PON800G1.6TCW400GNPOELSFP 500 JDMODMJDM 800G25G PON AI 1.6T/NPO/LPONPO—— 2 800G/1.6T8,462800G/1.6TAICPO3.2T AI 20241,600 20251020258,46220241,4449,90532.11% (GB/T4754–2017)C39 202428–1100Gb/s28–328–5 1ICT ICTAI2024PON15010GPON2,80025GPON7nm14nmEDAIPIDCITICT+PONAI45%30% +3nmAI50TOPSUWBPON25G/50G10G PON70%50GPON16K5G-A300%TEE+SE60%OLTAIXRSLAM55%PONDSL80%52% 2 2025483.85G5G-AHexa-X6G2026GSMAThe Mobile Economy 202620258820305G57%+76%Open RAN20258%–12%2–35G(DU) 5G-A6G5G-A20Gbps0.5ms10Gbps5G-A60%5G-A6G20305G100MHz200–400MHz(ISAC)35%25%5G-A202328%5GDU5ms4.0Open RAN202520%–30%GSMA202915.633GPP42%5G-A 3 ++LightCounting202631Q26 Quarterly Market Update Report202523855%18070%800G1.6T2025Q468%2026AI5G-A800G2025Q4CoherentLumentumFabrinet+ ++(PIC)PIC2.0T30%20256020%800G1.6T20263.2T3.2T NPONPOCPOLPO1.6TCPO2026 1ICT ICT IDC 2026V1ICT2025ICT6,8892025–2029為7.8%ICT13.3%20295,120 3nmAI 12–18(GB46864–2025)202711 2 5G-A6G 5G 5G-A6G2030Open RAN 2025 5G-A6G 3 800G1.6T AI5G-A800G1.6T3.2TCPOLPO AI 2026 ICT 1ICT 1–2AI 2 5G-A6G 3 800G1.6T2026800G1.6T3.2T6G — 1 202325GIPv6 202332023 20234 20236 202392023–20252025100%5G80% 2023105G20255G5G5G RedCap5G 2023122025 202415G(RedCap)RedCap 202432024 202452030% 20251400G/800G 20251 202552026 20258 2025102027400Gbps50%50%400G 2025115G 202512400G/800G5G 5G5G++5GRedCap5G-A 2 202235GGPON/EPON 20224MetaWi-Fi Mesh5G FWA CPEAI 202275G FWA CPE 20228527240100G/200G/400G5G 2023943010%203020%10G PON50G PONAP 2024125GAP 20242400G/800G 20242400G/800G 20247LTE5G NRB28B315GDU25G 2024820253G4G/5G5G5G FWA CPE5G 202494.9GHz5G5GDU5G5G 20241124AIWi-Fi Mesh5G FWA CPE 20253 2025520252045G(BWA)1432–1517MHzTDDBWA5G25G 202561.6T 20258100%12 2025101013G4G/5G5G5G FWA CPE5G 202512ICT20265G5G SA5G5GLTE5G5GWi-Fi 76G 20252030203550G PON 20255G-Advanced25Gbps E-band100AI800G/1.6T 2025Open RAN6G100Gbps6G5G 2025 26,348.529,680.4058.08%25,878.5410,753.1271.09%AI8,462 2025800GOSFP DR8 800G OSFP 2 FR4/2 LR4400GQSFP112 DR4/DR4+3nm DSP200G/lane1.6T OSFP DR81.6T OSFP 2FR4ELSFP3.2T/6.4T CPO/NPO20263OFC800G/1.6TCW25GPONWi-Fi 7GPON/XGS PONAPAIWi-Fi 1 20251,0002010G PON50%25G PON25GPONWi-Fi7GPONXGS PONPONAI 2 2025OptimWi-FiAI70%Open Wi-FiWi-Fi 7APMDU4G/5G 3 2025800G OSFP DR8800G OSFP 2FR4/2 LR4400G QSFP112 DR4/DR4+3nm DSP200G/lane1.6T OSFP DR81.6T OSFP 2FR4ELSFP3.2T CPO/NPO2026400G QSFP112 DR4/DR4+800G OSFP DR8/DR8+2025800G OSFP 2FR4/2 LR42026800G/1.6T2026 1CIG 2025CIG410G PON25G PONWi-Fi 7JDM800GCIG2025800G1.6T3.2TNPO/CPOWi-Fi 850G PONDCOMCIG 2CIG 2025CIG800G OSFP1.6T OSFP1.6TEML 3 2025 1 202517099.8%4A543400100%2025 2 2025NPI800G DR82 FR4 800GNPI1.6TNPO/CPOELSFP71190%202650020261.6T 3 2025400202432400G800G40COBSMT2026 4 2025ISO9001TL9000PCN——— 1 202510G PON25G PONWi-Fi 7Wi-Fi 6/6EWi-Fi 7AI800GJDM1.6T 2 2025GPON10GPON+JDMXGS PONJDMGPONXGS-PONGPONCIG 3 2025JDMPONMesh Wi-Fi5GMesh Wi-FiWi-Fi 7 Cloud+ MeshOpenWi-FiOLT+GPON/XG(S)PON 4 AI800G1.6T800G400G800G1.6T100G400GPCN 1 2025AI800G800GDSP200G/LANNPI 2 2025100%99.99%99.999%2.31%3.20% 1 2025+ 2 2025202510 3 2025ERPD365OMSS&OPIPO 4 20252022202520251007020251004220252720125 5 2025202542022467294.2632414202558192.20724202510202429.1848743756.85321126220,886,261.58 6 20251202510 1 ICTICTEMSODM JDMICT 2 50GPONWi-Fi 71.6T OSFP400G800G800G LPO1.6T LPO/LROAI 3 800G 4 ICTJDMODMJDM 5 OSFP2FR4/LR4 800G400G QSFP112 DR4800G400G100% 6 + 7 — 48.2311.7132.07%10.763.0940.38%2.230.5633.26% 2 32.11%29.89%1.32240.85%194.66%10.271.98%3.79%2.51%8.65%33.99%8.60%84.25%27.69%165.9