Who are Kingcheng's newly appointed independent directors?

Yu Yi-chen (Deputy GM of Kaohsiung Bank) and Chung Jung-ho (Chairman of Jurun Construction). Tsai and Chiu were re-elected.

Why did the board change occur?

It was a routine renewal due to term expiration, aimed at maintaining stability and enhancing expertise.

What expertise do the new directors bring?

Yu brings financial sector experience; Chung brings construction leadership, strengthening governance.

What is the board turnover rate?

50% for independent directors, 25% for the full board within the same term.

Will this affect shareholders?

As the change is under one-third, it’s considered routine with minimal impact on stability.

【Kingcheng】Announcement of Newly Appointed Independent Directors

Published Jun 26, 2026 9:00 AM ・ Updated Jun 27, 2026 5:05 PM ・ 4 min read ・ Source: PR Times

Kingcheng announces the appointment of new independent directors effective June 26, 2026. Chai Chung-chang and Chiu Chin-yu were re-elected, while Yu Yi-chen and Chung Jung-ho were newly appointed.

1. Date of Change: 2026/06/26 2. Category of Appointed or Changed Personnel (please specify: corporate director, corporate supervisor, independent director, individual director, or individual supervisor): Independent Director 3. Former Personnel Titles and Names: Independent Director, Chang Ming-te. Independent Director, Wu Yao-kuo. Independent Director, Tsai Chung-chang. Independent Director, Chiu Chin-yu. 4. Former Personnel Resumes: Chang Ming-te: Chairman of Hongbao Architectural Development. Wu Yao-kuo: Former independent director of the Company. Tsai Chung-chang: Principal of Mingda Senior High School. Chiu Chin-yu: Founder of Tianshui Blue Aesthetic Clinic. 5. New Personnel Titles and Names: Independent Director, Tsai Chung-chang (re-elected). Independent Director, Chiu Chin-yu (re-elected). Independent Director, Yu Yi-chen (newly appointed). Independent Director, Chung Jung-ho (newly appointed). 6. New Personnel Resumes: Yu Yi-chen: Deputy General Manager of Kaohsiung Bank. Chung Jung-ho: Chairman of Jurun Construction. 7. Nature of Change (please enter 'resignation', 'removal', 'end of term', 'deceased', or 'new appointment'): New Appointment 8. Reason for Change: New Appointment 9. Number of Shares Held by New Appointees at Time of Election: The new appointees do not hold any shares in the Company. 10. Previous Term (e.g., 2023/06/28 ~ 2026/06/27): 2023/06/28 ~ 2026/06/27 11. Effective Date of New Appointment: 2026/06/26 12. Turnover Rate of Directors Within Same Term: 25% 13. Turnover Rate of Independent Directors Within Same Term: 50% 14. Turnover Rate of Supervisors Within Same Term: Not applicable. 15. Is the change involving one-third or more of the directors? (yes or no): No 16. Other Matters to be Disclosed (if the subject is a publicly issued company, this material information also meets the criteria under Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholders' rights or stock prices): None. Keywords: Material Information

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Source: PR Times
Category: 人事

【Kingcheng】Announcement of Newly Appointed Independent Directors

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