[Hon Chuan] Announcement regarding the change of directors at the major subsidiary, Hon Chuan Food Packaging (Zhangzhou) Co., Ltd.
Hon Chuan Food Packaging (Zhangzhou) Co., Ltd. announced a change in its board of directors on May 22, 2026. Three former directors were removed, and one new director was appointed, resulting in a complete turnover.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 23, 2026 at 09:15 (1h 15m after Collected)
1. Date of change: May 22, 2026
2. Type of personnel change (Individual Director)
3. Titles and names of former incumbents:
(1) Director: Yan Qingquan
(2) Director: Liu Yunzhang
(3) Director: Cao Jianxia
4. Background of former incumbents:
(1) Yan Qingquan - Director of Hon Chuan Food Packaging (Zhangzhou) Co., Ltd.
(2) Liu Yunzhang - Director of Hon Chuan Food Packaging (Zhangzhou) Co., Ltd.
(3) Cao Jianxia - Director of Hon Chuan Food Packaging (Zhangzhou) Co., Ltd.
5. Title and name of the new incumbent: Director: Cao Xinwen
6. Background of the new incumbent:
(1) Director of Hon Chuan Enterprise (Changsha) Co., Ltd.
(2) Director of Hon Chuan Food Packaging (Taiyuan) Co., Ltd.
(3) Director of Hon Chuan Food Packaging (Quzhou) Co., Ltd.
(4) Supervisor of Hon Chuan Food Packaging (Luohe) Co., Ltd.
7. Nature of change (Removal)
8. Reason for change: Removal
9. Number of shares held by the new incumbent at the time of appointment: Not applicable
10. Original term: Not applicable
11. Effective date for the new incumbent: May 22, 2026
12. Turnover rate of directors for the same term: 100%
13. Turnover rate of independent directors for the same term: Not applicable
14. Turnover rate of supervisors for the same term: Not applicable
15. Whether there is a change of one-third or more of the directors: Yes
16. Other notes:
Subsidiary directors are assigned, replaced, or removed by the parent company in accordance with the Subsidiary Management Measures.
2. Type of personnel change (Individual Director)
3. Titles and names of former incumbents:
(1) Director: Yan Qingquan
(2) Director: Liu Yunzhang
(3) Director: Cao Jianxia
4. Background of former incumbents:
(1) Yan Qingquan - Director of Hon Chuan Food Packaging (Zhangzhou) Co., Ltd.
(2) Liu Yunzhang - Director of Hon Chuan Food Packaging (Zhangzhou) Co., Ltd.
(3) Cao Jianxia - Director of Hon Chuan Food Packaging (Zhangzhou) Co., Ltd.
5. Title and name of the new incumbent: Director: Cao Xinwen
6. Background of the new incumbent:
(1) Director of Hon Chuan Enterprise (Changsha) Co., Ltd.
(2) Director of Hon Chuan Food Packaging (Taiyuan) Co., Ltd.
(3) Director of Hon Chuan Food Packaging (Quzhou) Co., Ltd.
(4) Supervisor of Hon Chuan Food Packaging (Luohe) Co., Ltd.
7. Nature of change (Removal)
8. Reason for change: Removal
9. Number of shares held by the new incumbent at the time of appointment: Not applicable
10. Original term: Not applicable
11. Effective date for the new incumbent: May 22, 2026
12. Turnover rate of directors for the same term: 100%
13. Turnover rate of independent directors for the same term: Not applicable
14. Turnover rate of supervisors for the same term: Not applicable
15. Whether there is a change of one-third or more of the directors: Yes
16. Other notes:
Subsidiary directors are assigned, replaced, or removed by the parent company in accordance with the Subsidiary Management Measures.
FAQ
Will the board reshuffle at Hon Chuan Zhangzhou affect production?
This is an internal governance restructuring and there is no indication of negative impacts on daily production activities.
Is this appointment based on group-wide policy?
Yes, the appointment and removal of subsidiary directors are conducted according to the parent company's 'Subsidiary Management Measures'.
Why were all directors replaced in this board reshuffle?
It is a strategic management refresh for operational optimization, with no further detailed reasons disclosed.