Montage Technology Co., Ltd

Announcement on the estimated quota of daily related party transactions in the first half of 2025

The board of directors and all directors of the company guarantee that there are no false records, misleading statements or material omissions in the content of this announcement, and assume legal responsibility for the authenticity, accuracy and completeness of its content in accordance with the law.

Important Content Notes:

Need to submit to the General Meeting of Shareholders for consideration: Yes

Impact of daily connected transactions on listed companies: This related party transaction is a daily connected transaction of the company

Based on the company's normal business and based on market prices, it does not affect the company's independence.

There is no harm to the interests of the company and its shareholders, and the company will not cause related parties to be affected by the related party transaction

Significant dependency.

Risk warning: The company's procurement of raw materials is the basis for delivering products to customers and confirming sales revenue

Prerequisites. It takes a certain period of time from the procurement of raw materials to the manufacture of finished products to the delivery to customers.

Jindai? CPU business 2025 final sales amount, customer orders, raw material supply and other factors

Investors are reminded to be aware of investment risks.

1. Basic information on daily related party transactions

(1) Deliberation procedures for the performance of routine related-party transactions

Montage Technology Co., Ltd. (hereinafter referred to as the "Company" or "Montage Technology") was established in April 2025

On October 10, the sixth meeting of the third board of directors and the sixth meeting of the third board of supervisors were held, and the "Proposal on the Company's Estimated Daily Connected Transaction Quota in the First Half of 2025" was deliberated and approved, and the transaction party of this daily related party transaction is Intel Corporation and its directly or indirectly controlled companies (hereinafter referred to as "Intel Corporation" or "related persons"), and the cumulative transaction amount is expected to not exceed RMB 300 million in the first half of 2025. Affiliated Director Wang Rui abstained from voting, and the non-affiliated directors present at the meeting unanimously agreed to the proposal; The supervisors present at the meeting unanimously agreed to the proposal.

On April 9, 2025, the second meeting of the third special meeting of independent directors of the board of directors of the company was held.

The independent directors believe that the company's daily related party transactions with related parties expected to occur in the first half of 2025 have followed the principle of fair and voluntary transactions, and there is no violation of laws, regulations, the Articles of Association and relevant systems. The pricing of day-to-day related party transactions is fair, and there is no harm to the interests of the company and other shareholders, especially small and medium-sized shareholders and non-affiliated shareholders; Such day-to-day related party transactions will not affect the independence of the Company, and the Company's main business will not form a significant dependence on related parties as a result of such transactions; Such day-to-day related party transactions belong to the Company's day-to-day business and are in line with the Company's operational development needs and the interests of the Company and all shareholders. All independent directors unanimously agreed to the proposal and agreed to submit the proposal to the sixth meeting of the third board of directors of the company for deliberation.

The fifth meeting of the third board of directors and the fifth meeting of the third board of supervisors of the company deliberated and passed the "Proposal on the Company's Daily Related Party Transactions", and agreed that the board of directors of the company authorized the management to sign relevant procurement agreements with Intel within the scope of no more than RMB 106 million, and the daily related party transactions will take effect after being deliberated and approved by the board of directors of the company. The company expects that the amount of daily related party transactions in the first half of 2025 will be 300 million yuan, including the amount of the aforementioned daily related party transactions of 106 million yuan.

The estimated amount of daily related party transactions in the first half of 2025 still needs to be submitted to the company's general meeting of shareholders for deliberation, and related shareholder Intel Capital Corporation needs to abstain from voting.

(2) The estimated amount and type of routine related-party transactions in the first half of 2025

Unit: RMB 100 million

This time January 2025 This time is estimated for 2025

Related industry is expected to account for the same industry 1 to 2025 2024 accounted for the same industry in the first half of the year

Transaction Correlation 2025 Actual Ratio March 31 Actual Occurrence 2024

Category: Person Year (%)Note: Actual occurrence on 1 day Occurrence (%), Note 1 The amount varies greatly

Semi-annual amount amount reason

amount

Close

Joints with the British Special Commons ? CPU latent Purchase Er Gong 3 18.17 0.17 Note 2 1.93 11.71 Demand increases, needs to increase

Commodity/Raw material purchases

Acceptance

Labor

Note: 1. The denominator of the formula for calculating the proportion of similar businesses is from January 1, 2024 to December 31, 2024

The total amount of purchases that have been placed by the company.

2. The actual amount incurred from January 1, 2025 to March 31, 2025 refers to the related party purchases that have been ordered by the company during the period

Amount, including the amount received and the amount not yet received.

3. The amount of daily related party transactions in the first half of 2025 is expected to be based on the company's current quota. CPU business currently has orders in hand,

The actual performance is related to various factors such as customer orders and raw material supply, so there may be some differences with the estimated amount.

(3) The forecast and implementation of routine related-party transactions in 2024

Unit: RMB 100 million

Category of related party transaction Related party 2024 forecast The difference between the actual amount and the actual amount incurred in 2024

The amount of money generated is the reason for the large amount

In 2024, the industry and market demand will be gradual

Intel Recovery, Jindai? Server platform products

Purchasers from related parties 5 1.93 line sales revenue increased compared to 2023

Goods/Recipient Labor Company Plus, but due to the recovery of related market demand

A process is needed that results in the actual amount incurred

There is a discrepancy with the estimated amount.

Note: The actual transaction amount with related persons from January 1, 2024 to December 31, 2024 refers to the period in which the transaction amount actually occurred

The amount of related purchases that have been ordered, including the amount received and the amount not yet received.

2. Basic information and relationship of related persons

(1) The basic information of the related persons

Company name: Intel Corporation

Chairman: Frank D. Yeary

Residence: Delaware, USA

Founded: 1968

Main business: manufacturing and sales of semiconductor products

Actual controller: Intel Corporation is a U.S. listed company with relatively dispersed shareholdings and no actual controller.

According to Intel Corporation's 2024 Annual Report, as of December 28, 2024, the company

total assets of $196.485 billion and equity attributable to shareholders of the parent company of $99.270 billion; In 2024

Operating income was $53.101 billion and net profit was -$18.756 billion.

(2) Affiliation with listed companies

As of June 13, 2024, Intel Capital, a wholly owned subsidiary of Intel Corporation

Corporation holds more than 5% of the company's shares; As of June 14, 2024, Intel Capital

Corporation's stake in the company fell below 5%. According to the "Shanghai Stock Exchange's Science and Technology Innovation Board Listing

Rules, from June 14, 2024 to June 13, 2025, Intel Capital

Corporation and Intel Corporation remain affiliates of the Company; At the same time, the company is more important than the form according to the substance

During the above period, companies directly or indirectly controlled by Intel Corporation are affiliated persons.

(3) Analysis of performance capacity

Intel Corporation is a world-renowned semiconductor company with good performance capabilities. The Company will sign contracts or agreements with relevant parties for the above transactions and strictly implement them in accordance with the agreement, and the performance of both parties shall be legally guaranteed.

3. The main content of the related party transaction agreement

(1) The main content of the related party transaction

The day-to-day connected transactions that the Company expects to occur in the first half of 2025 will mainly be the Company's procurement of raw materials, R&D tools and services from Intel Corporation. The transaction price follows the principle of fair pricing, and is determined through negotiation according to the specifications and models of specific products and market prices.

(2) The signing of the related party transaction agreement

After the expected amount of daily related party transactions is approved by the board of directors and the general meeting of shareholders, the company and its subsidiaries will sign specific transaction contracts or agreements with related parties according to the business development situation.

4. The purpose of related party transactions and the impact on listed companies

(1) The necessity of related party transactions

Jindai? The CPU project is developed by the company in cooperation with Intel Corporation, and the company purchases products from Intel Corporation, which meets the objective needs of the company's business development.

(2) The fairness and reasonableness of the pricing of related party transactions

The related-party transactions between the Company and Intel Corporation follow the principles of consensus and fair trade, and the transaction price is determined according to the specifications and models of specific products and market prices. Such related party transactions belong to the normal business of the Company, which is conducive to the development of the Company's business and does not affect the independence of the Company, and there is no act that harms the interests of the Company and all shareholders, especially small and medium-sized shareholders.

(3) Continuity of related party transactions

The company maintains a relatively stable cooperative relationship with Intel Corporation. CPU business is developing steadily

, the related transactions with Intel Corporation will continue. If Intel ceases to be a related party of the Company in the future, the transaction between the Company and Intel Corporation will no longer constitute a related party transaction.

(4) The impact of related party transactions on listed companies

This related party transaction is a daily related party transaction of the company, which is based on the company's normal business operation and market price, which does not affect the independence of the company, does not harm the interests of the company and shareholders, and the company will not have a significant dependence on related parties due to the related party transaction.

(5) Risk warning

The company's procurement of raw materials is the basis and prerequisite for the delivery of products to customers and the recognition of sales revenue. Due to the need for a certain period from the procurement of raw materials to the manufacture of finished products, and then to the delivery to customers, the company's daily related party transaction quota in the first half of 2025 is expected to be based on Jindai? CPU business is currently estimated by taking into account factors such as orders in hand, customer sales forecasts, and raw material inventories. The final sales amount of the CPU business in the first half of 2025 is related to various factors such as customer orders and raw material supply, reminding investors to pay attention to investment risks.

The announcement is hereby made.

Montage Technology Co., Ltd

Board of Directors

April 11, 2025