Welcome to our dedicated page for UTime SEC filings (Ticker: WTO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
UTime Limited filings document its foreign private issuer reports, operating results, governance actions, and capital structure. The company furnishes Form 6-K reports that include interim financial statements, management discussion and analysis, material-event disclosures, and exhibits incorporated by reference into registration statements where applicable.
Governance and share-structure filings cover the 2026 Equity Incentive Plan, restricted stock unit grant agreements for directors, extraordinary general meeting notices and voting results, authorized share-capital amendments, memorandum and articles updates, and share consolidations involving Class A ordinary shares. The disclosures also address ordinary-share voting mechanics and corporate actions affecting the Nasdaq-traded WTO security.
UTime Limited has adopted a new 2026 Equity Incentive Plan to grant equity-based awards to employees, officers, non-employee directors, consultants, independent contractors and advisers. The plan permits issuance of up to 5,000,000 Ordinary Shares as incentives, replacing a prior plan adopted in 2024.
The plan governs options, stock appreciation rights, restricted stock, restricted stock units, stock bonus awards and performance-based compensation. It generally uses three-year vesting, caps option and SAR terms at ten years, and is administered by the board or its compensation committee, with detailed rules for change in control, tax, and legal compliance.
UTime Ltd executive Cao Honggang, who serves as Chief Manufacturing Officer, has filed an initial Form 3 statement of beneficial ownership. The filing does not report any equity transactions or derivative positions and shows no transactional activity by the reporting person at this time.
UTime Ltd director Wang Yanzhi has filed an initial Form 3 statement as a reporting person of the company. The Form 3 is an initial disclosure of beneficial ownership for insiders and, in this case, does not report any insider share transactions or derivative positions.
UTime Ltd director Bao Minfei has filed an initial insider ownership statement showing direct holdings of 36 ordinary shares of the company. This filing does not report any recent purchases or sales; it simply establishes Bao’s current share position as a company insider.
UTime Limited reports unaudited results for the six months ended September 30, 2025, showing a net profit of RMB9.4 million (US$1.3 million) versus a prior-period loss. Revenue declined from RMB138.4 million to RMB99.5 million, but gross profit remained broadly stable at RMB5.5 million.
Liquidity strengthened sharply: cash and cash equivalents rose to RMB293.3 million (US$41.2 million) and working capital improved to RMB7.2 million (current assets RMB399.0 million, current liabilities RMB391.8 million). This was driven mainly by issuance of ordinary shares with subscription proceeds of about RMB338 million, of which RMB160.5 million remains as subscription receivable.
Accumulated deficit was RMB869.6 million (US$122.1 million), total liabilities RMB400.1 million and total shareholders’ equity RMB39.7 million (US$5.6 million). Management cites positive operating cash flow and expected collection of subscription receivables to support preparation of the financial statements on a going concern basis, while highlighting ongoing VIE-related regulatory risks in China.
UTime Limited plans to acquire 100% of Feixiaohao Technology Inc., operator of the “Feixiaohao” Web3 data analytics and asset pricing platform, in a proposed deal valued at up to USD80 million. Consideration would include USD64 million in UTime ordinary or convertible preferred shares and USD16 million in cash.
The companies have signed a non-binding letter of intent and begun preliminary discussions toward a definitive agreement. If completed, the acquisition would add Feixiaohao’s blockchain data infrastructure, user base, technology platforms, trademarks, and key employee contracts to UTime, supporting its push into Web3 services that connect mobile hardware with digital assets.
UTime Limited reported the results of its extraordinary general meeting, where shareholders approved several major corporate actions aimed at adjusting the company’s capital structure and maintaining its Nasdaq listing.
Shareholders representing 5,311,000 Class A ordinary shares, or about 62.76% of the 8,462,243 Class A ordinary shares entitled to vote, formed a quorum. All four proposals passed unanimously. Investors approved a "Current Share Consolidation" and a large share capital increase that creates up to 900,000,000 Class A ordinary shares with updated par values, alongside 100,000,000 Class B ordinary shares.
They also approved replacing the Second Amended and Restated Memorandum and Articles of Association with a Third Amended and Restated version, reflecting the new structure. In addition, shareholders authorized a potential future consolidation of Class A ordinary shares at a ratio between 10:1 and 200:1 within the next twelve months, to help regain and maintain compliance with Nasdaq listing rules. Following the meeting, the board set the Current Share Consolidation ratio at 5:1, which will take effect once Nasdaq notification requirements are satisfied.
UTime Limited has called an extraordinary general meeting on January 26, 2026 to seek shareholder approval for several major share structure changes aimed at maintaining its Nasdaq listing. The Board is asking investors to approve a current reverse share consolidation of the Class A ordinary shares at either a five‑for‑one or six‑for‑one ratio, which is intended to lift the per‑share trading price above the $1.00 Nasdaq minimum.
If that consolidation is approved, UTime also proposes a large increase in authorized share capital, expanding Class A capacity up to 900,000,000 shares (with unchanged 100,000,000 Class B shares), and adopting a new set of Third Amended and Restated Memorandum and Articles of Association reflecting these changes. A further proposal would authorize the Board, for the next 12 months, to implement one or more additional future consolidations of Class A shares at ratios between 10:1 and 200:1, if needed to regain or maintain Nasdaq compliance. The company highlights risks that any consolidation may not sustain a higher price and could reduce liquidity, but states it does not view these actions as a step toward going private.
UTime Limited completed a private share sale to raise new funding. The company entered a share purchase agreement with certain investors to issue 4,550,000 Class A ordinary shares at $0.20 per share, for a total purchase price of $910,000, payable in USD or USDT equivalent. The transaction closed on January 20, 2026.
The company plans to use the net proceeds from this financing for working capital and general corporate purposes, helping fund its day-to-day operations and broader business needs. The shares were issued under Regulation S of the U.S. Securities Act, meaning they were sold in an offshore transaction to non-U.S. persons subject to transfer restrictions and a distribution compliance period.
UTime Limited reported that its Chief Operating Officer, Yihuang Chen, resigned effective immediately on December 12, 2025. The company stated that Mr. Chen’s resignation was not due to any disagreement regarding its operations, policies, or practices, suggesting the departure is not tied to a disclosed internal dispute.
The company also indicated that it has not yet decided whether to hire a replacement Chief Operating Officer, leaving its future leadership structure for this role undecided. The report was signed by Chief Executive Officer Hengcong Qiu, emphasizing that the change is an official, board-level leadership transition.