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Montage Technology shareholders to reduce stakes after equity restructuring

September 10, 2025 at 11:39 AM UTCBy FilingReader AI

Montage Technology announced that its shareholder China Electronics Investment Holdings Co. (CEIH) has undergone an internal equity structure change. China Electronics Corporation, CEIH's shareholder, acquired a 20% stake in CEIH from Guoxin Science and Technology Innovation Equity Investment Fund, increasing China Electronics' ownership in CEIH to 50%. This internal restructuring does not affect CEIH's 5.06% stake in Montage Technology, nor the combined 5.97% stake held by CEIH and its concert party, Jiaxing Xindian Investment Partnership.

Simultaneously, CEIH and its concert parties, along with Zhuhai Rongying Investment Partnership and WLT Partners (collectively, "Zhuhai Rongying and its concert parties"), plan to reduce their holdings in Montage Technology. CEIH and its concert parties intend to reduce their stake by up to 11,451,513 shares, representing no more than 1% of the total share capital. Similarly, Zhuhai Rongying plans to reduce its holdings by up to 11,451,513 shares, also not exceeding 1% of the total share capital.

These reduction plans will be conducted through centralized bidding between October 10, 2025, and January 9, 2026. The reduction prices will be determined by market conditions. Montage Technology emphasizes these changes will not alter its status of having no controlling shareholder or actual controller, nor will they negatively impact its governance structure or ongoing operations.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:688008Shanghai Stock Exchange

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