Major Taiwanese Passive Components Distributor New Victory Machinery Announces the Passing of the General Manager of Subsidiary Lihe, Emphasizes No Impact on Company Operations

Reported about 1 year ago

On June 23, 2024, FTNN News reported that Taiwanese passive components distributor New Victory Machinery (3090) recently announced the passing of General Manager Yu Ting-chiang of its subsidiary Lihe Technology. The company stressed in the announcement that all business operations are managed by professional managers and will not be affected. Shares of New Victory Machinery declined by 152 points in the stock market today, with green energy standing out while electronics, construction, and other sectors experienced drops. Despite the market fluctuations, the company asserts that its operations remain stable in light of Yu's passing.

Source: YAHOO

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