--- title: "New Stock News | Montage Technology passes Hong Kong Stock Exchange hearing, becoming the world's largest memory interconnect chip supplier" type: "News" locale: "zh-HK" url: "https://longbridge.com/zh-HK/news/273678329.md" description: "Montage Technology has passed the main board listing hearing of the Hong Kong Stock Exchange, becoming the world's largest supplier of memory interconnect chips, with a market share of 36.8%. The company focuses on providing high-efficiency interconnect solutions for cloud computing and AI infrastructure, with products covering DDR2 to DDR5 memory interface chips and related supporting chips, widely used in data centers and servers. China International Capital Corporation, Morgan Stanley, and UBS serve as its joint sponsors" datetime: "2026-01-26T09:22:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273678329.md) - [en](https://longbridge.com/en/news/273678329.md) - [zh-HK](https://longbridge.com/zh-HK/news/273678329.md) --- > 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/273678329.md) | [English](https://longbridge.com/en/news/273678329.md) # New Stock News | Montage Technology passes Hong Kong Stock Exchange hearing, becoming the world's largest memory interconnect chip supplier According to the Hong Kong Stock Exchange's disclosure on January 26, Montage Technology Co., Ltd. (abbreviated as: Montage Technology, 688008.SH) has passed the listing hearing on the main board of the Hong Kong Stock Exchange, with China International Capital Corporation, Morgan Stanley, and UBS as its joint sponsors. According to Frost & Sullivan, the company is expected to be the world's largest memory interconnect chip supplier by revenue in 2024, with a market share of 36.8%. ![ScreenShot_2026-01-26_170036_985.png](https://imageproxy.pbkrs.com/https://img.zhitongcaijing.com/image/20260126/1769418957527844.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) The prospectus shows that Montage Technology is a global leading fabless integrated circuit design company focused on providing innovative, reliable, and energy-efficient interconnect solutions for cloud computing and AI infrastructure. The company provides interconnect chips to industry-leading customers, including memory interconnect chips and PCIe (Peripheral Component Interconnect Express)/CXL (Compute Express Link) interconnect chips, with application scenarios covering a wide range of terminal fields including data centers, servers, and computers. Montage Technology offers a full range of DDR2 to DDR5 (second to fifth generation double data rate technology) memory interface chips and DDR5 supporting chips, including SPD (Serial Presence Detect), TS (Temperature Sensor), and PMIC (Power Management Integrated Circuit) chips. The company's DDR5 memory interface chips are key interconnect components between the CPU and DRAM modules in servers, enabling stable transmission of high-speed data. The newly launched interconnect chips (including MRCD/MDB, CKD (Clock Driver), PCIe Retimer, and CXL MXC (Memory Expansion Controller)) aim to further enhance the reliability and efficiency of data transmission in AI servers and personal computers. Montage Technology currently has two major product lines: interconnect chips and Zindai products. The company's interconnect chips mainly include memory interface chips, memory module supporting chips, PCIe/CXL interconnect chips, and clock chips. The company's Zindai products are primarily composed of Zindai CPUs. In the field of memory interconnect, Montage Technology has gained a key first-mover advantage by formulating and leading industry standards. As the inventor of the DDR4 generation "1+9" distributed buffer memory subsystem architecture and a pioneer of the DDR5 generation, as well as a board member of the global microelectronics industry standardization organization JEDEC and the international standard leader for DDR5 RCD, MDB, and CKD chips, the company actively contributes its strength. Today, the company's memory interconnect chips are adopted globally as industry standard products and have become important components of cloud computing and AI infrastructure. With the company's technical expertise and knowledge in interconnect solutions, Montage Technology has also developed innovative technologies such as high-speed SerDes serial interfaces and expanded into the PCIe and CXL high-speed interconnect fields, all of which comply with the standards and specifications set by PCI-SIG and the CXL Consortium The company's products are developed based on open industry standards. According to Frost & Sullivan, the company is one of the two major PCIe Retimer providers globally and the first to launch CXL MXC chips. The company plans to enhance its product portfolio by developing and expanding innovative solutions for Ethernet and optical interconnects, further broadening its technical capabilities. In terms of finances, for the fiscal years 2022, 2023, 2024, and the nine months ending September 30, 2025, the company recorded revenues of RMB 3.672 billion, RMB 2.286 billion, RMB 3.639 billion, and RMB 4.058 billion, respectively; during the same period, it recorded profits of RMB 1.299 billion, RMB 0.451 billion, RMB 1.341 billion, and RMB 1.576 billion. ![ScreenShot_2026-01-26_170545_042.png](https://imageproxy.pbkrs.com/https://img.zhitongcaijing.com/image/20260126/1769418963405240.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) The prospectus indicates that the semiconductor industry is cyclical, leading to periods of sharp increases or decreases in demand for the company's products. If the company has excess inventory during periods of low demand, or if it expands its business too quickly or over-purchases resources in anticipation of increased product demand, and the demand does not materialize at the expected rate or even declines, the company's operating performance may be adversely affected by costs associated with obsolete inventory, inventory write-downs, increased operating expenses, or declining profit margins ### 相關股票 - [Montage Technology (688008.CN)](https://longbridge.com/zh-HK/quote/688008.CN.md) ## 相關資訊與研究 - [Market Chatter: JPMorgan, Alibaba Participating as Cornerstone Investors in Chip Designer Montage Hong Kong Listing](https://longbridge.com/zh-HK/news/272544806.md) - [China’s top chip foundry SMIC unveils growth action plan](https://longbridge.com/zh-HK/news/280738446.md) - [Chinese chip designer Montage secures backing from Alibaba ahead of HK listing: report](https://longbridge.com/zh-HK/news/272566676.md) - [Money transfer app Duc exposed thousands of driver’s licenses and passports to the open web](https://longbridge.com/zh-HK/news/281555138.md) - [Alibaba Exec Explains Why AI Agents Are The New Employees](https://longbridge.com/zh-HK/news/281049911.md)