BYD revises governance, reports Q3 results, and adjusts capital

BYD announced comprehensive revisions to its Articles of Association and various corporate governance policies, approved by the board of directors on October 30, 2025. These revisions, which require shareholder approval, primarily update provisions related to the supervisory committee and its functions in accordance with the latest legal and regulatory requirements. The amendments aim to enhance governance effectiveness and ensure compliance.

Concurrently, BYD released its third quarter 2025 financial report, detailing a total operating revenue of CNY566,265,546,000 and a net profit attributable to shareholders of CNY23,333,173,000 for the nine months ended September 30, 2025. The company also reported a net cash flow from operating activities of CNY40,845,498,000. Additionally, a significant capital adjustment in June 2025 involved a stock dividend of 8 shares and a capital reserve to share capital transfer of 12 shares for every 10 shares, increasing total share capital to CNY911,719.7565 million.

The company's H-share trading unit was also changed from 500 shares to 100 shares, effective September 19, 2025, to lower the investment threshold and boost trading activity. Shareholders will convene on December 5, 2025, to deliberate on the proposed amendments.