TRS Information Technology reports Q3 loss, approves wealth management policy

TRS Information Technology announced its 2025 third-quarter report on October 24, 2025. The report shows a substantial year-on-year decline in financial performance for the nine months ended September 30, 2025. Operating revenue decreased by 45.57% to yuan 336,982,166.72, and net profit attributable to shareholders plunged by 460.24% to a loss of yuan -160,077,427.47. The company's net cash flow from operating activities, however, improved by 1028.95% to yuan 35,863,465.32, mainly due to reduced operating expenses.

The company's board also approved a new "Entrusted Wealth Management System" on October 23, 2025, which outlines internal controls and approval processes for wealth management activities. This policy will govern the company's use of idle funds for financial investments, aiming to control risks and enhance returns. According to the new system, significant entrusted wealth management activities will require board or shareholder approval, depending on the amount.

Additionally, a resolution from the shareholder meeting on August 6, 2025, confirmed the company's decision to abolish the Supervisory Board and transfer its functions to the Board of Directors' Audit Committee, in compliance with new legal and regulatory requirements.