New Stock News | Montage Technology plans to list on the Hong Kong Stock Exchange, and the China Securities Regulatory Commission requires supplementary explanations on whether there are issues such as technology cross-border transfer

Zhitong
2025.09.12 13:16
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On September 12, the China Securities Regulatory Commission (CSRC) announced the "Supplementary Material Requirements for Filing of Overseas Issuance and Listing (September 5, 2025 - September 11, 2025)." Among them, the CSRC requested Montage Technology to provide additional explanations regarding whether there are any issues related to technology cross-border transfer. It is reported that Montage Technology submitted its listing application to the Hong Kong Stock Exchange on July 11, 2025, with China International Capital Corporation, Morgan Stanley, and UBS Group as joint sponsors. The CSRC asked Montage Technology to supplement the following matters and requested the lawyers to verify and provide clear legal opinions: Some subsidiaries of your company are engaged in technology export business. Please explain the development status and compliance of your company's and subsidiaries' technology export business in the past three years, and whether there are any technology cross-border transfers. According to the prospectus, Montage Technology is a global leading fabless integrated circuit design company dedicated to providing innovative, reliable, and high-efficiency interconnect solutions for cloud computing and AI infrastructure. According to Frost & Sullivan, based on revenue, Montage Technology has become the world's largest supplier of memory interconnect chips, holding a market share of 36.8% in 2024

According to the Zhitong Finance APP, on September 12, the China Securities Regulatory Commission (CSRC) announced the "Supplementary Material Requirements for Overseas Issuance and Listing Filing (September 5, 2025 - September 11, 2025)." Among them, the CSRC requested Montage Technology (688008.SH) to provide additional explanations regarding whether there are any issues related to technology cross-border transfer. It is reported that Montage Technology submitted its listing application to the Hong Kong Stock Exchange on July 11, 2025, with China International Capital Corporation, Morgan Stanley, and UBS Group as joint sponsors.

The CSRC has asked Montage Technology to supplement the following matters and requested the lawyers to verify and provide clear legal opinions:

Some subsidiaries of your company are engaged in technology export business. Please explain the development status and compliance of your company's and subsidiaries' technology export business in the past three years, and whether there are any technology cross-border transfers.

According to the prospectus, Montage Technology is a global leading fabless integrated circuit design company dedicated to providing innovative, reliable, and energy-efficient interconnect solutions for cloud computing and AI infrastructure. According to Frost & Sullivan data, in terms of revenue, Montage Technology has become the largest supplier of memory interconnect chips globally, holding a 36.8% market share in 2024

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