Montage Technology Raises Registered Capital and Updates Articles After Expanded Share Issuance

Montage Technology Co., Ltd. Class H ( (HK:6809) ) has issued an announcement.

Montage Technology Co., Ltd. has increased its registered capital to RMB1,222,200,021 and its total issued share count to 1,222,200,021 shares, following the issuance and registration of 1,275,191 additional A shares under its 2023 and 2024 Restricted Share Incentive Schemes and the full exercise of the H-share over-allotment option. The company now has 1,146,426,521 A shares and 75,773,500 H shares outstanding, prompting board-approved amendments to its Articles of Association to update capital and share-structure provisions, with the board authorized to complete the requisite industrial and commercial registration procedures subject to regulator approval.

The board also formalized details of Montage Technology’s Hong Kong listing, reflecting the issuance and listing of 65,890,000 H shares before the over-allotment and confirming full exercise of the 9,883,500-share over-allotment option, which brought total H shares to 75,773,500. These changes consolidate the company’s dual-listing status and broaden its equity base, potentially enhancing its capital flexibility and investor reach without requiring further shareholder approval, as authority was granted at a previous extraordinary general meeting.

More about Montage Technology Co., Ltd. Class H

Montage Technology Co., Ltd. is a PRC-incorporated semiconductor company whose shares trade as A shares on Shanghai’s STAR Market and as H shares on the Hong Kong Stock Exchange. The company issues Renminbi-denominated ordinary shares and overseas-listed H shares, reflecting a dual-market capital-raising strategy aimed at both domestic and international investors.

Average Trading Volume: 3,648,211

Current Market Cap: HK$197.1B

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