Hotai Motor: Announcement by Subsidiary Hotai Energy Co., Ltd. Regarding Resolutions of the Shareholders' Meeting
Hotai Energy, a subsidiary of Hotai Motor, announced that its board of directors has approved directors Chen Jian-Zhou, Lin Yen-Liang, and Huang Ming-Hsien to engage in competitive activities. Specifically, Directors Chen Jian-Zhou and Huang Ming-Hsien will concurrently hold positions in businesses in mainland China.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 09:00
- 🔍 Collected: May 7, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 7, 2026 at 08:50 (50 min after Collected)
1. Date of shareholders' meeting resolution: 115/05/06
2. Names and titles of directors permitted to engage in competitive activities:
Director Chen Jian-Zhou, Director Lin Yen-Liang, Director Huang Ming-Hsien
3. Items permitted for competitive activities:
To concurrently hold positions in businesses of the same type as the company's business scope due to operational needs.
4. Period permitted for competitive activities: During the tenure as director of the company.
5. Resolution status (Please explain the voting results in accordance with Article 209 of the Company Act):
Approved by unanimous consent of all attending shareholders after inquiry by the chairman.
6. Names and titles of directors whose permitted competitive activities involve operations in mainland China (If not related to mainland China operations, please enter "Not Applicable" below):
Director Chen Jian-Zhou, Director Huang Ming-Hsien
7. Company names and positions held in mainland China businesses:
Director Chen Jian-Zhou: Director of Hotai International Financial Leasing Co., Ltd.
Director Huang Ming-Hsien:
(1) Chairman of Beijing Hotai Lexus Automobile Sales Service Co., Ltd.
(2) Chairman of Linyi Hotai Lexus Automobile Sales Service Co., Ltd.
(3) Chairman of Linyi Hotai Toyota Automobile Sales Service Co., Ltd.
(4) Chairman of Beijing Hotai Toyota Automobile Sales Service Co., Ltd.
(5) Chairman of Tianjin Binhai New Area Hotai Lexus Automobile Service Co., Ltd.
8. Addresses of the mainland China businesses:
(1) Hotai International Financial Leasing Co., Ltd.:
9th Floor, Block D, No. 427 Nujiang North Road, Putuo District, Shanghai City
(2) Beijing Hotai Lexus Automobile Sales Service Co., Ltd.:
No. 89 Shigaozhuang Road, Pingfang Township, Chaoyang District, Beijing City
(3) Linyi Hotai Lexus Automobile Sales Service Co., Ltd.:
Machanghu Town, High-tech Industrial Development Zone, Linyi City, Shandong Province
(4) Linyi Hotai Toyota Automobile Sales Service Co., Ltd.:
Intersection of Industrial Second Road and Jiefang Road, Machanghu Town, High-tech Industrial Development Zone, Linyi City, Shandong Province
(5) Beijing Hotai Toyota Automobile Sales Service Co., Ltd.:
2nd Floor, Building 160, No. 1 Shilibao Road, Chaoyang District, Beijing City, Room 208
(6) Tianjin Binhai New Area Hotai Lexus Automobile Service Co., Ltd.:
No. 1826 Henan Road, Dagu Street, Binhai New Area, Tianjin City
9. Business scope of the mainland China businesses:
(1) Hotai International Financial Leasing Co., Ltd.:
Financial leasing, automobile leasing, wholesale, retail, and support services
(2) Beijing Hotai Lexus Automobile Sales Service Co., Ltd.: Automobile sales and maintenance services
(3) Linyi Hotai Lexus Automobile Sales Service Co., Ltd.: Automobile sales and maintenance services
(4) Linyi Hotai Toyota Automobile Sales Service Co., Ltd.: Automobile sales and maintenance services
(5) Beijing Hotai Toyota Automobile Sales Service Co., Ltd.: Automobile sales and maintenance services
(6) Tianjin Binhai New Area Hotai Lexus Automobile Service Co., Ltd.: Automobile sales and maintenance services
10. Degree of impact on the company's financial and business operations: No impact
11. If directors have invested in the mainland China businesses, the investment amount and shareholding ratio: Not applicable
12. Other matters that should be specified: None
2. Names and titles of directors permitted to engage in competitive activities:
Director Chen Jian-Zhou, Director Lin Yen-Liang, Director Huang Ming-Hsien
3. Items permitted for competitive activities:
To concurrently hold positions in businesses of the same type as the company's business scope due to operational needs.
4. Period permitted for competitive activities: During the tenure as director of the company.
5. Resolution status (Please explain the voting results in accordance with Article 209 of the Company Act):
Approved by unanimous consent of all attending shareholders after inquiry by the chairman.
6. Names and titles of directors whose permitted competitive activities involve operations in mainland China (If not related to mainland China operations, please enter "Not Applicable" below):
Director Chen Jian-Zhou, Director Huang Ming-Hsien
7. Company names and positions held in mainland China businesses:
Director Chen Jian-Zhou: Director of Hotai International Financial Leasing Co., Ltd.
Director Huang Ming-Hsien:
(1) Chairman of Beijing Hotai Lexus Automobile Sales Service Co., Ltd.
(2) Chairman of Linyi Hotai Lexus Automobile Sales Service Co., Ltd.
(3) Chairman of Linyi Hotai Toyota Automobile Sales Service Co., Ltd.
(4) Chairman of Beijing Hotai Toyota Automobile Sales Service Co., Ltd.
(5) Chairman of Tianjin Binhai New Area Hotai Lexus Automobile Service Co., Ltd.
8. Addresses of the mainland China businesses:
(1) Hotai International Financial Leasing Co., Ltd.:
9th Floor, Block D, No. 427 Nujiang North Road, Putuo District, Shanghai City
(2) Beijing Hotai Lexus Automobile Sales Service Co., Ltd.:
No. 89 Shigaozhuang Road, Pingfang Township, Chaoyang District, Beijing City
(3) Linyi Hotai Lexus Automobile Sales Service Co., Ltd.:
Machanghu Town, High-tech Industrial Development Zone, Linyi City, Shandong Province
(4) Linyi Hotai Toyota Automobile Sales Service Co., Ltd.:
Intersection of Industrial Second Road and Jiefang Road, Machanghu Town, High-tech Industrial Development Zone, Linyi City, Shandong Province
(5) Beijing Hotai Toyota Automobile Sales Service Co., Ltd.:
2nd Floor, Building 160, No. 1 Shilibao Road, Chaoyang District, Beijing City, Room 208
(6) Tianjin Binhai New Area Hotai Lexus Automobile Service Co., Ltd.:
No. 1826 Henan Road, Dagu Street, Binhai New Area, Tianjin City
9. Business scope of the mainland China businesses:
(1) Hotai International Financial Leasing Co., Ltd.:
Financial leasing, automobile leasing, wholesale, retail, and support services
(2) Beijing Hotai Lexus Automobile Sales Service Co., Ltd.: Automobile sales and maintenance services
(3) Linyi Hotai Lexus Automobile Sales Service Co., Ltd.: Automobile sales and maintenance services
(4) Linyi Hotai Toyota Automobile Sales Service Co., Ltd.: Automobile sales and maintenance services
(5) Beijing Hotai Toyota Automobile Sales Service Co., Ltd.: Automobile sales and maintenance services
(6) Tianjin Binhai New Area Hotai Lexus Automobile Service Co., Ltd.: Automobile sales and maintenance services
10. Degree of impact on the company's financial and business operations: No impact
11. If directors have invested in the mainland China businesses, the investment amount and shareholding ratio: Not applicable
12. Other matters that should be specified: None