2023-12-23 11:48 Economic Daily reporter Qiu Xinyi/Taipei Real Time Report Dayi Transportation.Picture/taken from the official website of Dayi Transportation Company
Dayi Transportation (1521) held an extraordinary shareholder meeting today (23rd). All Japanese members were present. In addition, chairman Wu Junyi’s family held shares, nearly 70% of the equity was present. Director Wu Yuxian was dismissed and elected. The three independent directors were Zhang Ruihui, Luo Binxian and Xie Songwen. The extraordinary shareholders’ meeting ended in 30 minutes, but Wu Yuxian did not attend.
Japan’s Koito holds a 32% stake in Dayi and has long had a close relationship with Dayi. Dayi is Taiwan’s largest automotive headlight OEM factory. Almost all of Taiwan’s automakers’ lights are supplied by Dayi Transportation. Prior to this, due to the extremely tense relationship between Wu Junyi’s son Wu Yuxian and the Japanese, Dayi had not received new orders for a long time, which was quite detrimental to the development of both parties.
Japan’s Koito is an important car lamp manufacturer in the world and an important partner of Japanese car manufacturers. Japan’s Koito is a shareholder of Dayi Transportation. Dayi and Koito’s long-term cooperative relationship is also the reason why Dayi Transportation has long been the largest automotive lamp company in Taiwan. important factors for the factory.
Last month, Dayi Transportation Company announced its new general manager, Zhuang Zhiqing, and would convene a temporary shareholder meeting on December 23 to dismiss director Wu Yuxian and elect three independent directors of the company. After confirming that Dayi Transportation Chairman Wu Junyi would take over, Wu Yuxian had changed. At the same time, Wu Junyi will also hand over the shares to the trust. Dayi Transportation will be dominated by professional managers in the future. After Wu Yuxian decided not to take over, the tense situation between Dayi Transportation and Japan’s Koito has also improved in the past year. New orders that have been stagnant for a long time have been placed in recent days.
Even so, this Dayi Extraordinary Shareholders’ Meeting still received great attention from Koito. Today’s Extraordinary Shareholders’ Meeting was attended by all Japanese members and relevant resolutions were quickly passed. The issue between Dayi Transportation and Koito has come to an end. Dayi Company emphasized that it will continue the mutually beneficial relationship between Dayi and Koito in the future.
Further reading
Don’t turn a close relationship into a tense relationship. The failure of Dayi’s succession is a lesson for enterprises.
Dayi Wu Junyi General Manager
recommended article
2023-12-23 03:48:28
#Japanese #shareholders #Dayi #Shares #present #impromptu #meeting #appointed #Yuxian #director
