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Ningbo Gaolin Announces Shareholders' Approval of Profit Distribution Plan

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published Aug 15, 2026 9:00 AM ・ Updated Aug 15, 2026 7:09 AM ・ 2 min read ・ Source: PR Times

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⚡ Key Points

Ningbo Gaolin, a key subsidiary of Kourin Co., has approved a profit distribution resolution at its extraordinary shareholders' meeting held on August 14, 2024.

Ningbo Gaolin, a key subsidiary of Kourin Co., has approved a profit distribution resolution at its extraordinary shareholders' meeting held on August 14, 2024.

PRIMARY SOURCE Original source: https://openapi.twse.com.tw/v1/opendata/t187ap04_L#1531-2026-08-15-61c097dd Distributor: PR Times
Published: Aug 15, 2026

Release Date: August 15, 2025 Statement Date: August 14, 2024 Statement Time: 13:42:09 Company Code: 1531 Company Name: Kourin Co. Subject: Announcement on behalf of key subsidiary Ningbo Gaolin Co. regarding shareholders' approval of profit distribution plan Applicable Clause: Clause 18 Event Date: August 14, 2024

Details: 1. Date of Extraordinary Shareholders' Meeting: August 14, 2024 2. Key Resolutions: (1) Allocation of RMB 8,099,918.73 as statutory surplus reserve from profits between 2017 and 2022. (2) Distribution of undistributed profits from 2016 to 2021 amounting to RMB 51,282,973.00 to shareholders, including 10% withholding income tax of RMB 5,128,297.30, leaving RMB 46,154,675.70 distributable to overseas shareholder (SIRUBA INVESTMENT PTE. LTD.). 3. Other Disclosures: None.

FACT BOX

Source: PR Times
Category: News
Organizations: SIRUBA INVESTMENT PTE. LTD.

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Announced　Aug 15, 2026 9:00 AM — Distributor PR Times
Collected　Aug 15, 2026 7:06 AM
AI structured & analyzed　Aug 15, 2026 7:09 AM
Desk-reviewed & published　Aug 15, 2026 9:00 AM

FAQ

Who are the shareholders receiving this distribution?

The distribution includes both domestic and overseas shareholders, notably SIRUBA INVESTMENT PTE. LTD.

What is statutory surplus reserve?

A mandatory reserve under Chinese accounting rules, used to strengthen a company's financial foundation.

Why distribute profits from 2016 now?

It reflects a strategic decision to return accumulated earnings, signaling financial stability.

Cite this article — HOW TO CITE

Washin AI News Desk“Ningbo Gaolin Announces Shareholders' Approval of Profit Distribution Plan”AI News by Washin Village（和心村）, Aug 15, 2026. https://aeo.idaeo.ai/ai/openapi-twse-com-tw/en/news/2026-08-15-1531-%E9%AB%98%E6%9E%97%E8%82%A1-2

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