Montage Technology (688008.SH) intends to collectively reduce its holdings by no more than 2% of shares.

Montage Technology (688008.SH) announced that Zhuhai Rongying and its concerted parties plan to reduce their total holdings of company shares by no more than 11.4479 million shares through centralized bidding, with the intention of reducing the proportion of shares held to no more than 1% of the total share capital of the company. This reduction plan is scheduled to be conducted within three months starting from February 5, 2025, and the selling price will be determined based on market prices.