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Stock impact report

UTime Limited Announces Board Changes and Confirms Corporate Governance Stability

UTime Limited - Class A Ordinary Shares (WTO) 
Company Research Source: GlobeNewswire
7th Floor, Building 5A Shenzhen Software Industry Base, Nanshan District Shenzhen, People’s Republic of China 518061 Shenzhen, China, Sept. 11, 2025 (GLOBE NEWSWIRE) -- UTime Limited (Nasdaq: WTO, the “Company”) today confirms that recent changes to its Board of Directors have been completed in accordance with the Company's Articles of Association and relevant procedures, and have been publicly announced. The Company reiterates that its Board structure remains intact, governance mechanisms are functioning normally, and business operations have not been affected. Director Resignations On September 4, 2025, the Company received formal written resignations from directors Qiu Hengcong, Bao Minfei, Xie Hailin, and Jia Xiaoqian. These resignations were disclosed to the public via Company announcements and became effective upon submission. Pursuant to U.S. securities laws and Nasdaq corporate governance rules, such resignations are legally effective upon submission. New Director App Show less Read more
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