Micro-Tech (Nanjing) overhauls governance, reports strong Q3 2025 growth

Micro-Tech (Nanjing) Technology Co., Ltd. is undertaking substantial corporate governance changes following a board resolution on October 27, 2025. These changes include the abolition of the supervisory board, with its functions transferring to the board's audit committee, in accordance with the 2024 "Company Law" of the People's Republic of China. The company is also revising its Articles of Association and updating various governance policies, such as shareholder meeting rules and independent director frameworks. These revisions, and new policies like a director and senior management compensation management system, aim to refine the company's governance structure.

Concurrently, Micro-Tech (Nanjing) has released its unaudited third-quarter 2025 financial report. The company reported Q3 2025 operating revenue of 815,163,350.39 yuan, a 20.12% increase year-on-year, with net profit attributable to shareholders reaching 145,884,552.66 yuan, up 3.74%. For the first nine months of 2025, total operating revenue was 2,380,540,402.29 yuan, an 18.29% increase, and net profit attributable to shareholders was 509,263,960.74 yuan, a 12.90% increase. The company's total assets stood at 5,192,412,208.30 yuan as of September 30, 2025, an 8.64% increase from the end of the previous year.