Research Disclosures & Disclaimers

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Skshu Paint (603737.SS)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (Rmb)	Price Target (Rmb)	Rating
2022-02-08	78.86	80.00	Sell
2022-03-22	56.72	-	No Rating
2022-03-30	59.71	46.429	Sell
2023-01-17	91.76	67.90	Sell
2023-07-11	67.88	63.50	Sell
2023-10-13	63.40	60.00	Sell
2024-01-02	45.44	-	No Rating
2024-03-26	34.76	31.70	Sell
2024-04-23	31.80	28.85	Sell
2024-07-26	34.65	28.00	Sell
2024-10-30	42.51	27.50	Sell
2025-04-28	49.09	30.50	Sell

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.