【Top Union】Subsidiary Longyang Electronics (Kunshan) Announces Board Approval of Multiple Resolutions
Longyang Electronics (Kunshan), a subsidiary of Top Union, held a board meeting to approve 17 resolutions including the 2025 annual report, dividend distribution, and 2026 executive compensation plans.
📋 Article Processing Timeline
- 📰 Published: April 23, 2026 at 09:00
- 🔍 Collected: April 28, 2026 at 08:00 (119h 0m after Published)
- 🤖 AI Analyzed: April 28, 2026 at 12:38 (4h 38m after Collected)
1. Date of occurrence: 2026/04/23
2. Company name: Longyang Electronics (Kunshan) Co., Ltd.
3. Relationship: Subsidiary (69.25% indirectly owned by Top Union)
4. Reason: Subsidiary board meeting approved major resolutions, including:
(1) 2025 Annual Report and Summary
(2) 2025 Board of Directors Work Report
(3) 2025 General Manager Work Report
(4) 2025 Profit Distribution and Authorization for 2026 Interim Dividend
(5) 2025 Internal Control Evaluation Report
(6) 2025 Special Report on the Use of Raised Funds
(7) 2025 Statement on Securities Investment
(8) Reappointment of Auditors for 2026
(9) 2026 Director Compensation Plan
(10) 2026 Senior Management Compensation Plan
(11) Formulation of Compensation System for Directors and Senior Management
(12) Invalidation of certain unvested restricted shares from the 2023 Incentive Plan
(13) Provision for Impairment Losses for 2025
(14) Convening of the 2025 Annual Shareholders' Meeting
(15) 2026 First Quarter Report
(16) Postponement of certain investment projects funded by raised funds
(17) Special opinion on the independence of Independent Directors for 2025.
2. Company name: Longyang Electronics (Kunshan) Co., Ltd.
3. Relationship: Subsidiary (69.25% indirectly owned by Top Union)
4. Reason: Subsidiary board meeting approved major resolutions, including:
(1) 2025 Annual Report and Summary
(2) 2025 Board of Directors Work Report
(3) 2025 General Manager Work Report
(4) 2025 Profit Distribution and Authorization for 2026 Interim Dividend
(5) 2025 Internal Control Evaluation Report
(6) 2025 Special Report on the Use of Raised Funds
(7) 2025 Statement on Securities Investment
(8) Reappointment of Auditors for 2026
(9) 2026 Director Compensation Plan
(10) 2026 Senior Management Compensation Plan
(11) Formulation of Compensation System for Directors and Senior Management
(12) Invalidation of certain unvested restricted shares from the 2023 Incentive Plan
(13) Provision for Impairment Losses for 2025
(14) Convening of the 2025 Annual Shareholders' Meeting
(15) 2026 First Quarter Report
(16) Postponement of certain investment projects funded by raised funds
(17) Special opinion on the independence of Independent Directors for 2025.