Tiangong International Company Limited (826) announced the key figures from the Third Quarterly Report 2025 of its 67.63%-owned subsidiary, Jiangsu Tiangong Technology Company Limited (TG Tech), which is listed on the Beijing Stock Exchange.

As of 30 September 2025, TG Tech reported total assets of approximately RMB1.51 billion, marking an increase of 23.72% compared to the end of 2024. Net assets attributable to its equity holders rose by 23.35% to about RMB1.27 billion. The asset-liability ratio declined to 12.01% from 13.94% at the end of 2024.

For the first nine months of 2025, TG Tech recorded revenue from operations of about RMB446.73 million, a year-on-year decrease of 25.56%. Net profit attributable to equity holders reached approximately RMB64.82 million, down 54.19% year-on-year. After deducting non-recurring items, net profit attributable to equity holders stood at RMB59.04 million. Basic and diluted earnings per share were both RMB0.099, compared to RMB0.241 in the same period last year. Net cash flow from operating activities was about RMB154.69 million, representing a 53.53% drop year-on-year.

Regarding shareholding, Jiangsu Tiangong Investment Management Company Limited remains the controlling shareholder of TG Tech, holding approximately 67.63%. Other shareholders include Nanjing Iron & Steel Co., Ltd. and several institutional and individual investors.

The full Third Quarterly Report 2025 is available on the disclosure platform designated by the Beijing Stock Exchange. Tiangong International (826) states that all details can be found in the official release.