Reported 11 months ago
Chung Hung held a shareholders meeting on June 26, 2024, where the upcoming board of directors was fully re-elected, symbolizing a significant succession as the former chairman of China Steel, Weng Chao-Dung, passed his seat to the general manager of China Steel and acting chairman, Wang Hsi-Chin. Chairman Tseng Kwei-Sung mentioned the expected healthy development in the steel market under China's 'control and stabilization' policy, predicting a stable and upward trend in the steel industry. The meeting also saw the approval of a cash dividend of 0.1 NTD per share and the election of four general directors and three independent directors, with a future selection for the position of the chairman.
Source: YAHOO