Wenzhou Yihua Connector reports strong Q3 results, proposes charter revisions

Wenzhou Yihua Connector reported a 22.00% increase in Q3 2025 operating revenue to CNY 1,916,651,616.70 and an 85.28% rise in net profit attributable to shareholders to CNY 108,000,304.84. Total assets grew 12.08% to CNY 7,081,270,037.53, while net assets attributable to shareholders increased by 13.03% to CNY 2,746,167,328.38. The company also announced a third extraordinary general meeting for November 14, 2025, to approve amendments to its articles of association, shareholder meeting rules, board of directors meeting rules, related party transaction management system, and investor relations management system.

The proposed revisions to the articles of association primarily focus on enhancing corporate governance by redefining responsibilities of the legal representative and senior management, modifying share transfer rules, and adjusting the framework for related party transactions and external guarantees. These changes aim to align the company’s internal regulations with recent legal and regulatory requirements. The board emphasizes that these amendments are crucial for the company's continued compliant operation and sound governance.