Hotai Motor Approves NT$20 Dividend at Shareholders' Meeting; Aiming for 25th Consecutive Year of Small Car Sales Leadership
Hotai Motor approved a cash dividend of NT$20 per share at its shareholders' meeting, aiming to maintain its leadership in small car sales amid Taiwan's economic growth.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 15:10
- 🔍 Collected: May 31, 2026 at 23:42 (104h 32m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 01:03 (25h 20m after Collected)
Hotai Motor held its shareholders' meeting today and approved the earnings distribution plan, declaring a cash dividend of NT$20 per share. Chairman Huang Nan-kuang stated that with Taiwan's economic growth driven by strong demand for semiconductors and AI applications, the new car market is expected to reach 440,000 units this year. The company aims for a total sales target of 165,000 units across its TOYOTA, LEXUS, and HINO brands, striving for its 25th consecutive year of leadership in small car sales.
FAQ
What are the main brands of Hotai Motor?
TOYOTA, LEXUS, and HINO.