Foxtron (2258) Resolves Key Issues at Annual General Meeting

Foxtron held its annual general meeting on May 22, approving the 114 fiscal year loss offset plan, appointing new directors, and revising capital lending procedures.
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  • 📰 Published: May 23, 2026 at 06:31
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## Foxtron AGM Resolutions

At the annual general meeting of Foxtron (2258) held on May 22, 115 (2026), the following items were resolved:

### Key Resolutions

- **Fiscal Year 114 Loss Offset Plan**: Approved.
- **Business Report and Financial Statements**: Approved.
- **Director Elections**: New directors and independent directors were elected.

### Newly Elected Directors and Independent Directors

- **Directors**:
- Representative of Foxconn Precision Industry: Li Bingyan
- Representative of Huarong Automotive Technology Center: Zuo Zisheng
- Representative of Foxconn Precision Industry: Jun Seki
- Representative of Foxconn Precision Industry: Huang Yingshi
- Representative of Huarong Automotive Technology Center: Xu Guoxing

- **Independent Directors**:
- Sun Xin
- Xiao Xingjin
- Lin Baicun
- Huang Xiuying

### Other Resolutions

- Revision of the 'Procedures for Lending Funds to Others' was approved.
- Removal of restrictions on directors' non-compete obligations was approved.

FAQ

What does Foxtron do?

Foxtron is an EV design and development company under the Foxconn Group.

What were the key decisions at the recent AGM?

Key decisions included the approval of the loss offset plan, appointment of new directors, and revision of capital lending procedures.

What is Foxtron's strategy?

The strategy focuses on scaling EV platform production and enhancing corporate governance for global expansion.