Gigadevice Semiconductor reports strong Q3 2025 growth, board changes

Gigadevice Semiconductor (Beijing) Inc. announced a 31.40% increase in Q3 2025 operating revenue to 2,681,325,810.90 yuan, with net profit attributable to shareholders rising by 61.13%. Year-to-date operating revenue reached 6,831,634,443.78 yuan, a 20.92% increase, driven by improved DRAM market conditions and diversified product offerings. Total assets grew by 7.94% to 20,756,260,682.52 yuan.

The company's board of directors approved a change in the auditor for 2025 to KPMG Huazhen LLP (Special General Partnership). This change is subject to shareholder approval, with audit fees not exceeding 2,490,000 yuan. Additionally, the board approved an increase in registered capital from 664,124,105 yuan to 667,277,972 yuan due to share repurchases and new share registrations related to equity incentive plans.

Shareholders will convene on November 20, 2025, for an extraordinary general meeting to approve the auditor change, capital increase, and a proposal to purchase directors' and senior management's liability insurance for up to 200,000,000 yuan with an annual premium not exceeding 600,000 yuan. The company will hold a Q3 2025 earnings conference on November 24, 2025.