[Daxin Materials] Announcement Regarding Changes in Audit Committee Members due to Expiration of Term
On May 22, 2026, Daxin Materials announced the expiration of the term for Audit Committee members following a full election of the Board of Directors, resulting in their reappointment.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 24, 2026 at 06:18 (22h 18m after Collected)
1. Date of change: 2026/05/22
2. Name of functional committee: Audit Committee
3. Name of outgoing members:
(1) Independent Director: Lin Hsin-wu
(2) Independent Director: Cheng Wei-shun
(3) Independent Director: Cheng Chao-mo
(4) Independent Director: Tsai Chih-chun
4. Resume of outgoing members:
(1) Independent Director: Lin Hsin-wu / Deputy Director and Researcher, Taiwan Institute of Economic Research
(2) Independent Director: Cheng Wei-shun / Director and Vice Chairman, M.SETEK Co., Ltd.
(3) Independent Director: Cheng Chao-mo / Assistant Vice President and Deputy Director of Research Institute, Eternal Materials Co., Ltd.
(4) Independent Director: Tsai Chih-chun / Senior Director, Asia Pacific Business Division, TSMC
5. Name of newly appointed members:
(1) Independent Director: Lin Hsin-wu
(2) Independent Director: Cheng Wei-shun
(3) Independent Director: Cheng Chao-mo
(4) Independent Director: Tsai Chih-chun
6. Resume of newly appointed members:
(1) Independent Director: Lin Hsin-wu / Deputy Director and Researcher, Taiwan Institute of Economic Research
(2) Independent Director: Cheng Wei-shun / Director and Vice Chairman, M.SETEK Co., Ltd.
(3) Independent Director: Cheng Chao-mo / Assistant Vice President and Deputy Director of Research Institute, Eternal Materials Co., Ltd.
(4) Independent Director: Tsai Chih-chun / Senior Director, Asia Pacific Business Division, TSMC
7. Circumstances of change (resignation, dismissal, expiration of term, death, or new appointment): Expiration of term
8. Reason for change: Full re-election of directors
9. Original term: 2023/06/15 ~ 2026/06/14
10. Effective date of new appointment: 2026/05/22
11. Other matters to be specified: None
2. Name of functional committee: Audit Committee
3. Name of outgoing members:
(1) Independent Director: Lin Hsin-wu
(2) Independent Director: Cheng Wei-shun
(3) Independent Director: Cheng Chao-mo
(4) Independent Director: Tsai Chih-chun
4. Resume of outgoing members:
(1) Independent Director: Lin Hsin-wu / Deputy Director and Researcher, Taiwan Institute of Economic Research
(2) Independent Director: Cheng Wei-shun / Director and Vice Chairman, M.SETEK Co., Ltd.
(3) Independent Director: Cheng Chao-mo / Assistant Vice President and Deputy Director of Research Institute, Eternal Materials Co., Ltd.
(4) Independent Director: Tsai Chih-chun / Senior Director, Asia Pacific Business Division, TSMC
5. Name of newly appointed members:
(1) Independent Director: Lin Hsin-wu
(2) Independent Director: Cheng Wei-shun
(3) Independent Director: Cheng Chao-mo
(4) Independent Director: Tsai Chih-chun
6. Resume of newly appointed members:
(1) Independent Director: Lin Hsin-wu / Deputy Director and Researcher, Taiwan Institute of Economic Research
(2) Independent Director: Cheng Wei-shun / Director and Vice Chairman, M.SETEK Co., Ltd.
(3) Independent Director: Cheng Chao-mo / Assistant Vice President and Deputy Director of Research Institute, Eternal Materials Co., Ltd.
(4) Independent Director: Tsai Chih-chun / Senior Director, Asia Pacific Business Division, TSMC
7. Circumstances of change (resignation, dismissal, expiration of term, death, or new appointment): Expiration of term
8. Reason for change: Full re-election of directors
9. Original term: 2023/06/15 ~ 2026/06/14
10. Effective date of new appointment: 2026/05/22
11. Other matters to be specified: None
FAQ
What is the main content of Daxin Materials' announcement?
Daxin Materials announced the expiration and reappointment of four independent directors as members of the Audit Committee following a full board election.
What about the term of the Audit Committee members?
A new term began effective May 22, 2026. The previous term ran from June 15, 2023, to June 14, 2026.
What is the background of the change?
It is a procedural matter resulting from a full reelection of the company's Board of Directors.