Where are Toyo's subsidiaries located in China?

They are located in Chongqing, Changsha, and Guangzhou economic development zones.

Does Wu Jiewen's role constitute competing business activities?

No, as the companies are Toyo's investees, and the appointment is deemed necessary for management.

When will the non-compete restriction be lifted?

The board will propose lifting the restriction at the next meeting.

Toyo Announces Manager's Concurrent Directorship in Mainland China Subsidiaries

Published Jul 1, 2026 9:00 AM ・ Updated Jul 2, 2026 5:08 PM ・ 5 min read ・ Source: PR Times

Toyo has disclosed that manager Wu Jiewen serves as legal representative director at three mainland China subsidiaries. These companies are indirectly invested by Toyo, and the appointments are deemed necessary for management with no adverse financial or operational impact.

1. Date of Fact: 115/07/01

2. Name of Manager or Director: Wu Jiewen

3. Company Names and Positions Held in Mainland China Businesses: - Legal Representative Director, Chongqing Dajiang Toyo Plastic Products Co., Ltd. - Legal Representative Director, Changsha GAC Toyo Automotive Components Co., Ltd. - Legal Representative Director, Guangzhou Toyo Risong Mold Manufacturing Co., Ltd.

4. Addresses of Mainland China Businesses: - Chongqing Dajiang Toyo Plastic Products Co., Ltd.: No. 2005 Jinkai Avenue, Jingkai Park, Chongqing Economic & Technological Development Zone - Changsha GAC Toyo Automotive Components Co., Ltd.: No. 277 Fengshu Road, Changsha Economic & Technological Development Zone - Guangzhou Toyo Risong Mold Manufacturing Co., Ltd.: No. 2 Lijiang Street, Guangzhou Economic & Technological Development Zone

5. Business Operations of Mainland China Entities: - Chongqing Dajiang Toyo Plastic Products Co., Ltd.: Manufacturing and sales of automotive and motorcycle plastic products, stamping products, and molds - Changsha GAC Toyo Automotive Components Co., Ltd.: Design, development, manufacturing, and sales of plastic components for transportation vehicles - Guangzhou Toyo Risong Mold Manufacturing Co., Ltd.: Design, manufacturing, maintenance, and trading of various molds and specialized equipment

6. Impact on Company's Financial and Business Operations: - Chongqing Dajiang Toyo Plastic Products Co., Ltd. is an invested company in which Toyo indirectly holds 55% equity - Changsha GAC Toyo Automotive Components Co., Ltd. is an invested company in which Toyo indirectly holds 49% equity - Guangzhou Toyo Risong Mold Manufacturing Co., Ltd. is an invested company in which Toyo indirectly holds 90% equity - The appointment of Wu Jiewen as legal representative director is necessary for business operations and has no adverse impact on Toyo's financial or business performance

7. Investment Amount and Equity Ratio if Manager or Director Invested in Mainland China Business: None

8. Measures to be Taken by the Company: Proposal to lift the manager's non-compete restriction will be submitted at the upcoming board meeting

9. Other Matters to be Disclosed: None

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Source: PR Times
Category: 人事
Dates in source: 115/07/01

Toyo Announces Manager's Concurrent Directorship in Mainland China Subsidiaries

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