Yunnan Xiyi Industry reports Q3 decline, proposes auditor reappointment

Yunnan Xiyi Industry reported a significant decline in its financial performance for the third quarter of 2025. Revenue decreased by 19.90% to 2,343,782,018.54 yuan, while net profit attributable to shareholders plunged by 83.66% to 29,930,981.59 yuan. The company attributed this downturn primarily to delayed product delivery and settlement due to late contract signings for specialized products. Cash flow from operating activities also saw a 39.18% decrease, settling at a net outflow of 980,172,315.76 yuan.

In other news, the board of directors has approved the reappointment of Pan-China Certified Public Accountants (Special General Partnership) as the company's auditor for 2025. The audit committee confirmed the firm's professional competence, independence, and integrity. The proposed audit fee for 2025 is 1.627m yuan (including tax), consistent with the previous year, covering annual report and internal control audits.

The reappointment of the auditor and other related matters will be presented for shareholder approval at the third extraordinary general meeting of 2025, scheduled for November 14, 2025. Shareholders can participate in person or via online voting.