Zoomlion Heavy Industry reports strong Q3, proposes charter amendments

Zoomlion Heavy Industry Science and Technology Co. Ltd. announced its unaudited Third Quarterly Report of 2025, revealing a 24.88% increase in operating income to RMB12,301,026,088.02 for the reporting period, with net profit attributable to equity shareholders rising 35.80% to RMB1,155,589,121.71. Year-to-date figures show an 8.06% increase in operating income to RMB37,155,658,072.99 and a 24.89% increase in net profit attributable to equity shareholders to RMB3,920,367,724.61.

Concurrently, the company announced proposed amendments to its Articles of Association, necessitated by the New Company Law of the People's Republic of China. Key changes include the elimination of the supervisory board, with its functions transferring to the audit committee of the board. Additionally, the amendments introduce modifications to share issuance and repurchase regulations, and clarify shareholder rights and obligations, such as inspection rights and voting procedures.

These proposed amendments, detailed across 206 articles, also address the company's registered capital, external guarantees, and internal audit system. The changes are subject to shareholder approval and will be further detailed in a forthcoming circular and general meeting notice.