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Montage Technology: Shareholder Intends to Transfer Around 1% of Company Shares via Inquiry-Based Mechanism
7 hour ago /
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Author：小编
On May 22, Montage Technology made an announcement stating that one of its shareholders, Shanghai Rongying Enterprise Management Partnership (Limited Partnership), plans to privately transfer 12.228 million A-shares of the company, which accounts for roughly 1% of the company's total issued share capital. This transfer will be conducted through an inquiry-based mechanism, with institutional investors as the intended recipients. Additionally, there will be a six-month lock-up period during which the transferred shares cannot be further traded.
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