[Choice Auto] Important resolutions from the 115th Annual General Meeting of Shareholders
Choice Auto held its annual shareholder meeting on May 20, approving the 114th fiscal year financial statements, director elections, and a cash capital reduction proposal.
📋 Article Processing Timeline
- 📰 Published: May 20, 2026 at 09:00
- 🔍 Collected: May 21, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 21, 2026 at 08:12 (12 min after Collected)
1. Date of Annual General Meeting: 115/05/20
2. Resolution 1: Surplus Distribution or Loss Offsetting: The 114th fiscal year surplus distribution proposal was approved.
3. Resolution 2: Amendment of Articles of Incorporation: None.
4. Resolution 3: Business Report and Financial Statements: The 114th fiscal year business report and financial statements were approved.
5. Resolution 4: Election of Directors and Supervisors:
10 directors were elected (including 4 independent directors). The list is as follows:
Directors: Huang Tsung-jung, Zheng Yi Management Consulting Co., Ltd., Wei Lung-cheng, Liu Ke-chang, Fu-Te Chiao-Hsin Social Welfare Charity Foundation, Wang Ying-chieh.
Independent Directors: Cheng Ting-wang, Cheng Ming-hsiu, Peng Tsung-ping, Ko Pi-lien.
6. Resolution 5: Other Business:
Approval granted for the release of non-competition restrictions for company directors.
Cash capital reduction proposal approved.
7. Other remarks: None.
2. Resolution 1: Surplus Distribution or Loss Offsetting: The 114th fiscal year surplus distribution proposal was approved.
3. Resolution 2: Amendment of Articles of Incorporation: None.
4. Resolution 3: Business Report and Financial Statements: The 114th fiscal year business report and financial statements were approved.
5. Resolution 4: Election of Directors and Supervisors:
10 directors were elected (including 4 independent directors). The list is as follows:
Directors: Huang Tsung-jung, Zheng Yi Management Consulting Co., Ltd., Wei Lung-cheng, Liu Ke-chang, Fu-Te Chiao-Hsin Social Welfare Charity Foundation, Wang Ying-chieh.
Independent Directors: Cheng Ting-wang, Cheng Ming-hsiu, Peng Tsung-ping, Ko Pi-lien.
6. Resolution 5: Other Business:
Approval granted for the release of non-competition restrictions for company directors.
Cash capital reduction proposal approved.
7. Other remarks: None.
FAQ
Is Choice Auto reducing its capital?
Yes, a cash capital reduction proposal was approved at the shareholder meeting.
Who was elected to the board?
A total of 10 directors were elected, including 4 independent directors.
When is the next earnings release?
This information is not provided in the announcement.