Hsu Hsu-tung Re-elected Chairman of Asia Cement; His Son, Douglas Hsu, Joins Board for First Time
Asia Cement held a board meeting on June 3, re-electing Hsu Hsu-tung as Chairman. His only son, Douglas Hsu (who also serves as Vice Chairman of U-Ming Marine Transport, among other roles), joined the board for the first time, drawing market attention. Additionally, independent director Lin Huan (former Deputy Minister of the National Development Council) was newly appointed. The company stated that the new board, with its diverse expertise, will help strengthen corporate resilience and sustainable development.
📋 Article Processing Timeline
- 📰 Published: June 3, 2026 at 19:46
- 🔍 Collected: June 3, 2026 at 20:00 (14 min after Published)
- 🤖 AI Analyzed: June 6, 2026 at 16:30 (68h 30m after Collected)
(Central News Agency, reporter He Xiuling, Taipei, June 3) Asia Cement held a board meeting today, where Hsu Hsu-tung was re-elected as Chairman. Additionally, Hsu's only son, Douglas Hsu, entered the Asia Cement board for the first time, sparking market interest.
Asia Cement announced via a press release today that the 29th board of directors has been re-elected, with Hsu Hsu-tung continuing as Chairman. He will continue to lead Asia Cement in driving operational development, low-carbon transformation, and sustainable governance.
Asia Cement noted that two new directors have joined this board. One is Douglas Hsu, the only son of Hsu Hsu-tung, who currently serves as Vice Chairman of U-Ming Marine Transport, a director of Far Eastern New Century, a director of Far EasTone Telecommunications, and a director of Far Eastern International Bank. He possesses multinational corporate management experience and is deeply involved in business operations, strategic planning, and innovation management.
The other is independent director Lin Huan. Lin currently serves as Secretary-General of the Chinese Arbitration Association, Taipei. He previously served as Deputy Minister of the National Development Council and as an Associate Professor in the Department of Law at Soochow University. He brings expertise in law, industrial governance, and public administration.
Asia Cement stated that the members of this board cover diverse fields including management, finance, law, public affairs, and sustainable governance, balancing industrial practice with governance oversight. Amid global economic uncertainty and increasing challenges of industrial transformation, this professional governance structure will help strengthen corporate resilience and sustainable development, continuing to create long-term value for shareholders. (Editor: Chang Liang-chih)
Asia Cement announced via a press release today that the 29th board of directors has been re-elected, with Hsu Hsu-tung continuing as Chairman. He will continue to lead Asia Cement in driving operational development, low-carbon transformation, and sustainable governance.
Asia Cement noted that two new directors have joined this board. One is Douglas Hsu, the only son of Hsu Hsu-tung, who currently serves as Vice Chairman of U-Ming Marine Transport, a director of Far Eastern New Century, a director of Far EasTone Telecommunications, and a director of Far Eastern International Bank. He possesses multinational corporate management experience and is deeply involved in business operations, strategic planning, and innovation management.
The other is independent director Lin Huan. Lin currently serves as Secretary-General of the Chinese Arbitration Association, Taipei. He previously served as Deputy Minister of the National Development Council and as an Associate Professor in the Department of Law at Soochow University. He brings expertise in law, industrial governance, and public administration.
Asia Cement stated that the members of this board cover diverse fields including management, finance, law, public affairs, and sustainable governance, balancing industrial practice with governance oversight. Amid global economic uncertainty and increasing challenges of industrial transformation, this professional governance structure will help strengthen corporate resilience and sustainable development, continuing to create long-term value for shareholders. (Editor: Chang Liang-chih)