Zhejiang HangKe Technology reports solid Q3 growth, governance overhaul

Zhejiang HangKe Technology Inc. reported a solid performance for the third quarter of 2025, with operating revenue of 750,970,227.35 yuan and net profit attributable to shareholders of 97,673,709.21 yuan. Year-to-date figures show operating revenue at 2,721,030,339.12 yuan and net profit attributable to shareholders at 385,572,514.88 yuan, reflecting a 1.87% and 2.59% increase respectively compared to the previous year. The company's total assets reached 9,845,187,359.10 yuan, a 0.77% increase from the end of the previous year.

In a significant governance move, approved by the board of directors and the supervisory board on October 27, 2025, Zhejiang HangKe Technology Inc. will eliminate its supervisory board. The duties previously held by the supervisory board will now be transferred to the board's audit committee. This change necessitates a comprehensive revision of the "Articles of Association" and various other internal governance policies, which will be put to a shareholder vote at the upcoming extraordinary general meeting on November 17, 2025.

The extraordinary general meeting on November 17, 2025, will be held both in person and via online voting, to consider 15 proposals, including the amendment of the company's articles of association and several internal governance policies. The company emphasized that these changes aim to improve governance, streamline operations, and enhance shareholder value.