Northking strengthens governance, capital structure after strong Q3 performance
Northking Information Technology reported a solid performance for Q3 2025, with operating revenue of 1.25 billion yuan, a 5.01% increase year-over-year, and net profit attributable to shareholders of 124.6 million yuan, up 17.98%. The company’s total assets grew by 3.55% to 3.50 billion yuan. These results were driven by a strategic focus on information technology, AI applications, and digital operations, with significant growth in its software and IT solutions segment.
In conjunction with its financial update, Northking announced critical governance reforms approved by its board of directors and supervisory board. Key changes include increasing registered capital from 867.36 million yuan to 867.46 million yuan, reflecting recent stock option exercises. The supervisory board will be abolished, with its functions transferred to the board's audit committee.
The company will also revise its articles of association and other governance documents to align with updated regulatory requirements, enhance internal control, and optimize its management structure. These adjustments underscore Northking's commitment to streamlining its operations and reinforcing its leadership in the evolving financial technology sector.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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