Autel Intelligent projects strong Q3 growth, board approves key resolutions

Autel Intelligent Technology Corp. (SSE:688208) projects a substantial increase in net profit attributable to shareholders for the first three quarters of 2025. The company expects net profit excluding non-recurring gains and losses to be between 69,500 yuan and 72,300 yuan, a year-over-year increase of 56.67% to 62.98%. Overall net profit is anticipated to range from 71,000 yuan to 73,800 yuan, an increase of 31.17% to 36.34% compared to the same period last year. This growth is attributed to advancements in AI+diagnostics and AI+charging solutions, including new AI-powered maintenance products and smart energy solutions.

The unaudited financial forecast coincides with key decisions made at the company's second extraordinary general meeting of 2025, held on October 10. Shareholders approved resolutions to increase the estimated daily related transaction amount for 2025, supplement agreements for equity transfer, and transfer all equity in an investee company. These resolutions passed with strong support, including separate votes for small and medium investors.

The meeting, chaired by director Yin Hui, confirmed the company's focus on AI-driven digital transformation, organizational efficiency, and operational optimization. All procedures for the meeting and resolutions were deemed compliant with relevant laws and regulations by legal counsel.