Montage Technology: Net profit in 2025 will increase by 58.35% year-on-year.

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Lance Technology announced that the company achieved an operating revenue of 5.456 billion yuan in 2025, an increase of 49.94% over the previous year. The gross profit margin was 62.23%, an increase of 4.10 percentage points over the previous year. Net profit attributable to shareholders of the parent company was 2.236 billion yuan, an increase of 58.35% over the previous year. Net profit attributable to shareholders of the parent company excluding non-recurring gains and losses was 2.022 billion yuan, an increase of 61.95% over the previous year. Benefiting from the AI industry trend and strong market demand, the company's interconnect chip shipments increased significantly, driving a substantial year-on-year growth in the company's 2025 operating performance. The company continues to increase its R&D investment. With the expansion into new product categories, the company's R&D expenses for 2025 were about 915 million yuan, a 20% increase over the previous year.

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