--- title: "Montage Technology's annual revenue is 5.5 billion: net profit is 2.2 billion, Shanghai Rongying and its concerted parties cashed out over 1 billion" type: "News" locale: "en" url: "https://longbridge.com/en/news/282766869.md" description: "Montage Technology (688008) released its 2025 financial report, with revenue of 5.456 billion yuan, a year-on-year increase of 49.94%; net profit of 2.236 billion yuan, a year-on-year increase of 58.35%. The company benefited from the AI industry trend, with an increase in the shipment volume of interconnect chips. In the fourth quarter of 2025, revenue was 1.4 billion yuan, and net profit was 600 million yuan. A cash dividend of 3.90 yuan per 10 shares will be distributed, totaling 472 million yuan. China Electronics and its concerted parties reduced their holdings by over 1 billion yuan. The financial report for the first quarter of 2026 will be released on April 27, 2026" datetime: "2026-04-15T01:45:37.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282766869.md) - [en](https://longbridge.com/en/news/282766869.md) - [zh-HK](https://longbridge.com/zh-HK/news/282766869.md) --- # Montage Technology's annual revenue is 5.5 billion: net profit is 2.2 billion, Shanghai Rongying and its concerted parties cashed out over 1 billion LeiDi Network, Lei Jianping, April 14 Montage Technology Co., Ltd. (abbreviated as "Montage Technology", company code: 688008) recently released its financial report for 2025. The report shows that Montage Technology's revenue in 2025 was 5.456 billion yuan, an increase of 49.94% compared to 3.639 billion yuan in the same period last year. Montage Technology stated that in 2025, benefiting from the AI industry trend and strong industry demand, the company's interconnect chip shipments increased, driving a significant growth in the company's operating performance compared to the same period last year. In August 2025, Montage Technology released the sixth-generation JinDai? performance core CPU, which supports up to 86 high-performance cores and 172 threads per CPU, with a maximum L3 cache capacity of 336MB. The memory subsystem adopts an 8-channel DDR5 architecture, supporting up to 6400MT/s RDIMM or 8000MT/s MRDIMM. Montage Technology stated that the sixth-generation JinDai? performance core CPU enhances memory bandwidth and expansion capabilities, providing 88 PCIe?5.0 channels in terms of I/O, and is compatible with the CXL?2.0 protocol, offering connection bandwidth for accelerators such as GPUs and FPGAs. Montage Technology's net profit in 2025 was 2.236 billion yuan, an increase of 58.35% compared to 1.412 billion yuan in the same period last year; the net profit after deducting non-recurring items was 2.022 billion yuan, an increase of 61.95% compared to 1.248 billion yuan in the same period last year. Montage Technology's revenue in the fourth quarter of 2025 was 1.4 billion yuan, with a net profit of 600 million yuan and a net profit of 554 million yuan after deducting non-recurring items Montage Technology will distribute a cash dividend of 3.90 yuan (including tax) for every 10 shares, with a total proposed cash dividend of 472 million yuan (including tax). This profit distribution will not include stock dividends and will not convert reserves into capital. Montage Technology will release its financial report for the first quarter of 2026 on April 27, 2026. China Electronics reduces holdings As of December 31, 2025, Hong Kong Securities Clearing Company Limited holds 3.21%, China Electronics Investment Holdings Co., Ltd. holds 4.19%, WLT Partners holds 3.93%, and Shanghai Rongying Enterprise Management Partnership (Limited Partnership) holds 3.31%; As of December 31, 2025, the equity structure of Montage Technology China Merchants Bank Co., Ltd. - Huaxia SSE STAR Market 50 Component ETF holds 3.25%, Industrial and Commercial Bank of China Limited - E Fund SSE STAR Market 50 Component ETF holds 3.02%; CITIC Securities Co., Ltd. - Harvest SSE STAR Market Chip ETF holds 2.27%, Industrial and Commercial Bank of China - SSE 50 ETF holds 1.85%, Industrial and Commercial Bank of China Limited - Huatai-PineBridge CSI 300 ETF holds 1.65%, China Construction Bank Co., Ltd. - Huaxia National Semiconductor Chip ETF holds 1.2%. As of June 30, 2025, Hong Kong Securities Clearing Company Limited holds 10.07%, China Electronics Investment Holdings Co., Ltd. holds 5.06%, China Merchants Bank Co., Ltd. - Huaxia SSE STAR Market 50 Component ETF holds 4.57%, Zhuhai Rongying Equity Investment Partnership (Limited Partnership) holds 4.31%; As of June 30, 2025, the equity structure of Montage Technology Industrial and Commercial Bank of China Limited - E Fund SSE STAR Market 50 Component ETF holds 4.14%, WLT Partners holds 3.93%, CITIC Securities Co., Ltd. - Harvest SSE STAR Market Chip ETF holds 2.37%, Industrial and Commercial Bank of China Limited - Huatai-PineBridge CSI 300 ETF holds 1.96%; Industrial and Commercial Bank of China Limited - Huatai-PB Hu-Shen 300 Exchange-Traded Fund holds 1.78%, China Construction Bank Limited - Huaxia National Semiconductor Chip Exchange-Traded Fund holds 1.58%. Comparing the data, it can be found that in the second half of 2025, the shareholding ratio of Hong Kong Securities Clearing Company Limited increased by 3.14 percentage points, while the shareholding ratio of China Electronics Investment Holdings Limited decreased by 0.89 percentage points. Just listed on the Hong Kong stock market with a net fundraising of HKD 8 billion Montage Technology was listed on the Hong Kong Stock Exchange on February 9, 2026, with a total of 65.89 million shares issued at an issue price of HKD 106.89. After deducting the non-issue listing expenses of HKD 138 million, the net fundraising amount is HKD 6.9 billion. On February 10, 2026, Montage Technology fully exercised its over-allotment option, with the additional net proceeds received by the company amounting to approximately HKD 1.043 billion. This means that Montage Technology raised approximately HKD 8 billion in total. The cornerstone investors of Montage Technology include JPMIMI, UBS AM, Yunfeng Capital under Yunfeng Fund, Alisoft China under Alibaba, Li Ho Kei through Aspex, Janchor Fund, abrdn Asia, Barings, Mirae Asset, AGIC, Hel Ved under Chai Yunmin, Huacomm, Huadeng Technology, China Post Fund, Taikang Life, MY Asian, and Qube, with a total subscription of USD 450 million. Among them, JPMIMI and UBS AM subscribed USD 66 million each, Yunfeng Capital under Yunfeng Fund subscribed USD 45 million through New Alternative and USD 21 million through New Golden Future; Alisoft China under Alibaba subscribed USD 55 million, Li Ho Kei subscribed USD 42 million through Aspex and Janchor Fund respectively, abrdn Asia subscribed USD 19 million, Barings and Mirae Asset subscribed USD 15 million each, AGIC, Hel Ved under Chai Yunmin, and Huacomm subscribed USD 10 million each, Huadeng Technology, China Post Fund, and Taikang Life subscribed USD 8 million each, MY Asian and Qube subscribed USD 5 million each Shanghai Rongying and its concerted actors cash out over 1 billion On February 9, 2026, Montage Technology received a notice from its shareholder Shanghai Rongying Enterprise Management Partnership (Limited Partnership) and its concerted actor WLTPartners, L.P. (referred to as "Shanghai Rongying and its concerted actors") regarding a change in shareholding that reached the 1% threshold. From October 18, 2025, to January 9, 2026, Shanghai Rongying and its concerted actors reduced their holdings in the company by a total of 8.4515 million shares through centralized bidding transactions, accounting for approximately 0.70% of the company's current total share capital; From December 22, 2025, to February 9, 2026, due to the vesting of restricted stock and the company's issuance of overseas listed shares (H shares), the company's total share capital increased, resulting in a passive dilution of the shareholding ratio of Shanghai Rongying and its concerted actors. This caused the combined shareholding ratio of Shanghai Rongying and its concerted actors to decrease from 7.98% to 6.84%. As of December 31, 2025, the stock price of Montage Technology was 153.36 yuan, with a market capitalization of 187.4 billion yuan. Based on today's stock price, Shanghai Rongying and its concerted actors could cash out over 1.3 billion yuan from the reduction of 0.7% of the total share capital. ——————————————— ### Related Stocks - [688008.CN](https://longbridge.com/en/quote/688008.CN.md) ## Related News & Research - [Market Chatter: JPMorgan, Alibaba Participating as Cornerstone Investors in Chip Designer Montage Hong Kong Listing](https://longbridge.com/en/news/272544806.md) - [You May Not Know This 1 China-Focused Chip Stock but Seaport Global Analysts Can’t Get Enough](https://longbridge.com/en/news/285417260.md) - [The chip craze is turning a glass company and a toilet maker into AI stocks](https://longbridge.com/en/news/285458179.md) - [Nvidia stock isn’t soaring with the other chip players. This is why.](https://longbridge.com/en/news/285395424.md) - [AI infrastructure executives are raking in massive stock windfalls — some are cashing them out](https://longbridge.com/en/news/285180761.md)