FilingReader Intelligence

Montage Technology major shareholder reduces stake below 5%

October 28, 2025 at 05:21 PM UTCBy FilingReader AI

China Electronics Investment Holdings Co., Ltd. and its affiliate Jiaxing Xindian Investment Partnership, both significant shareholders in Montage Technology, have collectively reduced their stake in the company. Through a combination of inquiry transfers and centralized bidding transactions between July 17, 2023, and October 28, 2025, their combined shareholding decreased from 127,198,000 shares (11.18%) to 57,257,507 shares (4.999995%). This reduction includes the passive dilution of their stake due to an increase in Montage Technology's total share capital from the vesting of restricted stock.

The divestment involved selling 47,838,731 shares via inquiry transfer (4.18% of total share capital) and 22,101,762 shares via centralized bidding (1.93%). Following these transactions, the entities are no longer shareholders with 5% or more of the company's stock. Montage Technology has confirmed that this change will not affect its governance structure or ongoing operations, as there is no controlling shareholder or actual controller.

The information disclosure obligation has been fulfilled, with a plan to further reduce holdings by up to 1% (11,451,531 shares) through centralized bidding from October 10, 2025, over a three-month period. This ongoing reduction is attributed to the investors' capital requirements.

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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