Wuxi Lead Intelligent Equipment adjusts governance, equity plans

Wuxi Lead Intelligent Equipment's board of directors and supervisory board approved the Q3 2025 report showing a net profit increase of RMB 45,269,990.29, primarily due to the reversal of asset impairment provisions. The company also announced the cancellation of 2,918,190 restricted shares from its 2023 and 2024 equity incentive plans due to unachieved performance targets.

Further, the company will revise its articles of association and related governance documents to align with new regulatory requirements and enhance operational efficiency. These revisions include changes to external investment management, related-party transaction decision-making, fundraising management, and internal information registration systems. Additionally, the board approved the early appointment of Ms. Huang Siying as an independent director, ensuring continuous compliance with regulatory mandates for board composition.