What were the main resolutions of the shareholder meeting?

Approval of 114 fiscal year profit distribution, charter amendments, approval of operating report and financial statements, and election of 10 directors including 4 independents.

Why are several directors representatives of Japanese firms?

While not specified, this likely reflects strategic ties or collaborations with Japanese partners and cross-border governance arrangements.

What does lifting the non-compete restriction imply?

It allows newly elected directors and their representatives greater flexibility in business activities, potentially enabling broader partnerships or roles.

【ShengYu】Announcement of Resolutions of the Company's 115th Shareholders' Meeting

Published Jun 12, 2026 9:00 AM ・ Updated Jun 14, 2026 12:09 AM ・ 4 min read ・ Source: PR Times

ShengYu held its 115th shareholders' meeting on 115/06/12 and approved the 114 fiscal year profit distribution, amendments to the articles of incorporation, approval of the operating report and financial statements, and the election of 10 directors including 4 independent directors.

1. Date of the shareholders' meeting: 115/06/12

2. Key Resolution 1 — Profit Distribution or Loss Appropriation: The company's proposal for the distribution of earnings for the 114 fiscal year was approved.

3. Key Resolution 2 — Amendment to the Articles: The company's "Articles of Incorporation" amendment proposal was approved.

4. Key Resolution 3 — Operating Report and Financial Statements: The company's 114 fiscal year operating report and financial statements were approved.

5. Key Resolution 4 — Election of Directors and Supervisors: Ten directors were elected (including four independent directors). The elected list is as follows:

(1) Director: Nippon Yodogawa Co., Ltd. Representative: Koichi Tsumimiya (2) Director: Nippon Yodogawa Co., Ltd. Representative: Hong Shiqiang (3) Director: Nippon Yodogawa Co., Ltd. Representative: Lin Tongzhi (4) Director: Nippon Yodogawa Co., Ltd. Representative: Yamamoto Tetsuhiro (5) Director: Nippon Fujiden Co., Ltd. Representative: Arashima Hideaki (6) Director: Yongji Paint Industrial Co., Ltd. Representative: Zhang Dexiong (7) Independent Director: Xu Lianghui (8) Independent Director: Xie Fuman (9) Independent Director: Li Zhengchun (10) Independent Director: Zhan Jiahua

6. Key Resolution 5 — Other Matters: (1) The amendment to the company's "Procedures for Acquisition or Disposal of Assets" was approved. (2) The proposal to lift the non-compete restrictions on newly elected directors and their representatives was approved.

7. Other matters to be stated: For the voting results of each proposal, please refer to the Market Observation Post System's "Shareholders' Meeting Proposal Resolutions".

Keywords: Material Information

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Source: PR Times
Category: 人事
Dates in source: 115/06/12

【ShengYu】Announcement of Resolutions of the Company's 115th Shareholders' Meeting

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