---
title: "Montage Technology Plans Board Change as Veteran Director Retires"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288333703.md"
description: "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."
datetime: "2026-06-01T15:36:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288333703.md)
  - [en](https://longbridge.com/en/news/288333703.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288333703.md)
---

# Montage Technology Plans Board Change as Veteran Director Retires

Montage Technology Co., Ltd. Class H ( (HK:6809) ) has shared an announcement.

Montage Technology announced that non-executive director Dr. Wang Rui has tendered her resignation due to retirement and will step down from the board and the Strategy and ESG Committee once a successor is elected by shareholders. The board praised her diligence and confirmed there is no disagreement or issue requiring shareholder attention, while she will remain in post to ensure continuity until the transition is complete.

The board has proposed Intel China chairman Wang Zhicong as a new non-executive director for the current board term, subject to shareholder approval and a service agreement under which he will receive no director’s remuneration. His appointment would bring extensive multinational management experience in China’s technology sector to Montage’s boardroom, potentially strengthening its strategic capabilities and corporate governance without affecting its cost base.

The most recent analyst rating on (HK:6809) stock is a Buy  
with a HK$510.00 price target.  
To see the full list of analyst forecasts on Montage Technology Co., Ltd. Class H stock,  
see the HK:6809 Stock Forecast page.

**More about Montage Technology Co., Ltd. Class H**

Montage Technology Co., Ltd. is a Mainland China–incorporated joint stock company listed in Hong Kong, operating in the semiconductor and technology sector. The company is governed by a board comprising executive, non-executive and independent non-executive directors, and aligns its governance with Hong Kong listing rules and ESG-related oversight.

**Average Trading Volume:** 2,971,874

**Current Market Cap:** HK$332.2B

For a thorough assessment of 6809 stock, go to TipRanks’ Stock Analysis page.

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