ArcSoft outlines shareholder returns, governance changes, and Q3 results
ArcSoft Corporation announced a shareholder return plan for 2025-2027, prioritizing cash dividends with a minimum of 10% of annual distributable profits or 30% over three consecutive years, with specific percentages based on the company's development stage. This plan aims to ensure stable returns while balancing growth and investment needs. Concurrently, the company revealed a major governance overhaul, including the abolition of the Supervisory Board, with its functions transferred to the Board of Directors' Audit Committee. This change necessitates revisions to the Articles of Association and various internal governance policies, which will be submitted for shareholder approval.
The company's third-quarter report for 2025 shows total revenue of yuan 627,546,742.03 for the first nine months, a 9.39% increase year-over-year. Net profit attributable to shareholders increased by 60.51% to yuan 141,718,396.52. Additionally, ArcSoft will extend its engagement with Lixin Certified Public Accountants for the 2025 financial audit and internal control audit, with fees totaling yuan 1,200,000. These items, along with a decision to waive preemptive rights for a capital increase in Zhejiang Shunwei Technology, will be discussed at the Extraordinary General Meeting on November 19, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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