Juhua Chemical proposes cash dividend, major governance changes

Zhejiang Juhua Co., Ltd. has proposed a cash dividend of CNY 1.8 per 10 shares for the first three quarters of 2025. This distribution will amount to CNY 485,954,294.58, representing 14.96% of the consolidated net profit attributable to shareholders for the period. The total share capital used for this calculation as of September 30, 2025, is 2,699,746,081 shares.

In a move to streamline corporate governance, the company plans to abolish its supervisory board, with its functions to be absorbed by the board of directors' audit committee. This change necessitates revisions to the company's Articles of Association and related internal regulations.

Furthermore, the company announced its routine related-party transactions for 2026. These include projected purchases of raw materials, fuel, power, and services totaling CNY 335,000,000, as well as sales of products and services to related parties amounting to CNY 85,630,000. The total estimated related-party transactions for 2026 are CNY 618,630,000, an increase of 26.35% from the 2025 estimate, largely due to a new project in Gansu.