Montage Technology Plans Board Change as Veteran Director Retires

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2026.06.01 15:36
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Montage Technology (HK:6809) announced that non-executive director Dr. Wang Rui is retiring and will step down upon shareholder election of a successor. The board proposed Intel China chairman Wang Zhicong as a new non-executive director, who will serve without remuneration. This appointment aims to enhance strategic capabilities and governance. The latest analyst rating for the stock is 'Buy' with a HK$510 price target.