Montage Technology made a public announcement, revealing that it is actively pushing forward with its application to issue overseas-listed shares, specifically H shares, and is seeking a listing on the Main Board of the Hong Kong Stock Exchange. In the realm of financial procedures, on December 15, 2025, the Listing Committee of the Hong Kong Stock Exchange conducted a listing hearing. This hearing was a crucial step to scrutinize the company's application. The following day, on December 16, the joint sponsors were informed via a letter from the Hong Kong Stock Exchange. The letter clarified that while the Listing Committee had indeed reviewed the company's application, this review did not equate to formal approval. There remained a possibility that further comments or requirements could be raised in the subsequent stages. Moreover, it's important to note that for the issuance and listing to proceed, they must obtain approval and authorization from the relevant regulatory authorities as well as the stock exchanges involved. This requirement inherently introduces an element of uncertainty into the process.