与日资较量近半个世纪，立邦漆与新加坡华人首富互相成就

Core Insights - The article discusses the legacy of Wu Qingliang, the founder of Nippon Paint, who passed away in August 2025, and highlights his significant contributions to the paint industry, particularly in Singapore and China [1][3]. Company Overview - Nippon Paint was established as a joint venture in 1962 and has grown to dominate the Southeast Asian paint market, with Wu Qingliang successfully acquiring full control from Japanese partners over two decades [4][7]. - The company has undergone several strategic transformations, evolving from a paint manufacturer to a comprehensive service provider in the painting solutions sector [5][6]. Financial Performance - In the first half of 2025, Nippon Paint reported a revenue of approximately 415 billion yuan, a 4.3% increase year-on-year, with a net profit of about 42.61 billion yuan, reflecting a robust growth of 34.4% [16][18]. - The company’s Japanese market saw a revenue increase of 3.5%, while the European and American markets faced challenges, with revenues declining by 5.0% and 4.8%, respectively [17][18]. Market Strategy - Nippon Paint has positioned China as a key growth engine, despite a 12.6% decline in revenue, the operating profit in China grew by 7.7% [18][20]. - The company has invested over 400 billion yuan in various projects in China since 2018, focusing on expanding its production capacity in the architectural paint sector [20][22]. Mergers and Acquisitions - The company has actively pursued acquisitions to enhance its market presence, including significant purchases in Australia, Malaysia, and Europe, which have contributed positively to its financial performance [12][13][28]. - Nippon Paint's acquisition strategy is characterized by a focus on high-growth regions and sectors, aiming to integrate and optimize its operations across different markets [28][29]. Industry Position - As of 2025, Nippon Paint ranked fourth among the world's top paint companies, with a revenue of 10.745 billion USD, marking a 13.6% growth [26][30]. - The company has maintained a strong competitive edge through innovative business models and a focus on sustainability, positioning itself as a leader in the paint industry [23][24].