SUMIDA News: February 2022
SUMIDA CORPORATION (hereafter the “Company”) whereby inform that we have decided to submit the agenda on partial amendment to the Articles of Incorporation to the 67th Annual General Meeting of Shareholders scheduled for March 25, 2022, as approved by the Board of Directors meeting held today.
SUMIDA CORPORATION (hereafter “the Company”) would like to announce that the Nomination Committee nominated the following nine (9) candidates for the Board of Directors. The membership as director will take effect subject to the approval of the shareholders at the coming Annual General Meeting of Shareholders scheduled for March 25th, 2022.
SUMIDA CORPORATION would like to announce that the second factory in Quang Ngai, Vietnam has just started its operations in February 2022, and that the construction of a third factory has been decided to meet increasing demands of EV/xEV-related products. The maximum production capacity after completing the construction of the third factory is expected to be three times as large as the current capacity (excluding the capacity of the second factory).