IPO News | Montage Technology Co.,Ltd. (688008.SH) to Launch Hong Kong Listing NDR on September 10th

Stock News09-01

Montage Technology Co.,Ltd. (688008.SH) will launch its Hong Kong listing NDR (non-deal roadshow) on September 10th, with an expected transaction size of approximately $1 billion, planning to list on the Hong Kong Stock Exchange in the fourth quarter of this year.

The company has submitted its listing application to the main board of the Hong Kong Stock Exchange on July 11, 2025, with China International Capital Corporation, Morgan Stanley, and UBS Group serving as joint sponsors.

According to the prospectus, Montage Technology Co.,Ltd. is a leading global fabless integrated circuit design company dedicated to providing innovative, reliable, and high-efficiency interconnect solutions for cloud computing and AI infrastructure. Based on data from Frost & Sullivan, Montage Technology Co.,Ltd. has become the world's largest memory interface chip supplier by revenue, holding a 36.8% market share in 2024.

In terms of financial performance, Montage Technology Co.,Ltd. achieved operating revenue of 3.639 billion yuan in 2024, representing a year-over-year increase of 59.2%; net profit reached 1.412 billion yuan, up 213.1% year-over-year. In the first quarter of 2025, the company achieved operating revenue of 1.222 billion yuan, up 65.78% year-over-year; net profit was 525 million yuan, representing a 135.14% year-over-year increase.

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