Skshu Paint announces dividend, corporate governance overhaul

Skshu Paint announced a cash dividend of 0.50 yuan per share for the first three quarters of 2025, totaling 368,908,736.50 yuan, representing 49.61% of the net profit attributable to shareholders. This distribution will not include a capital reserve transfer or bonus shares. The company also reported a cumulative asset impairment of 183,870,928.52 yuan for the first nine months of 2025, impacting the total profit for the period by the same amount.

The company's third-quarter report shows a year-on-year increase in revenue by 5.62% to 3,575,488,482.99 yuan, with net profit attributable to shareholders rising by 53.64% to 307,773,727.05 yuan. Furthermore, Skshu Paint announced an investor briefing on October 29, 2025, to discuss these results.

In a move to streamline governance, Skshu Paint proposed significant revisions to its articles of association, including the abolition of the supervisory board. Its duties will be transferred to the audit committee of the board of directors, with the inclusion of an employee director on the board. These changes, alongside updated provisions for profit distribution, asset impairment, and executive responsibilities, are subject to shareholder approval.