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Montage Technology Unifies Accounting Standards and Consolidates Audit Mandate

Story Highlights
  • Montage Technology will adopt Chinese accounting standards uniformly from 2025 to streamline financial reporting and disclosures.
  • The company will drop separate overseas auditors, with EY Hua Ming auditing both A-share and H-share accounts from 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Montage Technology Unifies Accounting Standards and Consolidates Audit Mandate

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

Montage Technology has decided to align its financial reporting by uniformly adopting the China Accounting Standards for Business Enterprises for all financial statements and disclosures from the 2025 annual report onward. The move reflects the growing convergence between Chinese and international standards and is intended to streamline reporting, improve disclosure efficiency, and reduce duplication across its dual listings.

The company said the shift will not materially affect its performance or financial position and will allow it to discontinue the separate engagement of an overseas financial reporting auditor. From the 2025 financial year, Ernst & Young Hua Ming Accountants LLP, already approved by Chinese regulators, will audit both A-share and H-share accounts, a change unanimously backed by the board’s audit committee and approved by the board on March 9, 2026.

More about Montage Technology Co., Ltd. Class H

Montage Technology Co., Ltd. is a PRC-incorporated semiconductor company listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange. The company prepares financial reports for its A-share and H-share listings and operates under Chinese and international accounting and auditing frameworks to serve domestic and global investors.

Average Trading Volume: 3,648,211

Current Market Cap: HK$197.1B

Find detailed analytics on 6809 stock on TipRanks’ Stock Analysis page.

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