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Kaimi Announces Subsidiary WQ Tech (Kunshan) Board Resolution Authorizing CEO to Negotiate Factory Expropriation (Relocation) and New Plant Arrangements with Local Government

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published Aug 12, 2026 9:00 AM ・ Updated Aug 13, 2026 7:11 PM ・ 2 min read ・ Source: PR Times

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⚡ Key Points

Wang Quan Technology (Kunshan) Co., Ltd.
has passed a board resolution authorizing its CEO to negotiate with the local government regarding factory expropriation (relocation) and new plant arrangements.

Wang Quan Technology (Kunshan) Co., Ltd. has passed a board resolution authorizing its CEO to negotiate with the local government regarding factory expropriation (relocation) and new plant arrangements.

PRIMARY SOURCE Original source: https://mops.twse.com.tw/material/twse-2375-2026-08-12-e8722701 Distributor: PR Times
Published: Aug 12, 2026

1. Date of Event: 115/08/12

2. Company Name: Wang Quan Technology (Kunshan) Co., Ltd.

3. Relationship with Company: Subsidiary

4. Cross-shareholding Ratio: 100%

5. Reason for Occurrence: The board of directors of Wang Quan Technology (Kunshan) Co., Ltd. has resolved to authorize the General Manager to negotiate with the local government regarding factory expropriation (relocation) and new plant placement. Terms of expropriation compensation, compensation amount, and new plant construction investment plan are currently under discussion and exchange of opinions. Therefore, the company is currently unable to reasonably estimate the impact on its future financial condition and operating results.

6. Response Measures: None.

7. Other Matters to be Disclosed: Once the actual transaction is finalized, relevant announcements will be made in accordance with applicable laws and regulations.

Keywords: Material Information

FACT BOX

Source: PR Times
Category: News
Dates in source: 115/08/12

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Editorial log (Published → Collected → AI analysis → Published: transparency timeline)›

Announced　Aug 12, 2026 9:00 AM — Distributor PR Times
Collected　Aug 13, 2026 5:00 PM
AI structured & analyzed　Aug 13, 2026 7:11 PM
Desk-reviewed & published　Aug 12, 2026 9:00 AM

FAQ

Where is Wang Quan Technology's Kunshan factory located?

It is located in Kunshan City, Jiangsu Province, within the Yangtze River Delta industrial zone, known for excellent logistics and supply chain access.

Why is the Kunshan government seeking to expropriate the factory?

Urban planning or industrial restructuring may require repurposing industrial land. Specific reasons have not been disclosed.

Will the new plant likely be built within Kunshan?

Unclear at this stage. Relocation could occur within Kunshan or nearby areas, depending on government negotiations.

Cite this article — HOW TO CITE

Washin AI News Desk“Kaimi Announces Subsidiary WQ Tech (Kunshan) Board Resolution Authorizing CEO to Negotiate Factory Expropriation (Relocation) and New Plant Arrangements with Local Government”AI News by Washin Village（和心村）, Aug 12, 2026. https://aeo.idaeo.ai/ai/%E5%87%B1%E7%BE%8E/en/news/2026-08-12-%E5%87%B1%E7%BE%8E-%E4%BB%A3%E5%AD%90%E5%85%AC%E5%8F%B8%E6%97%BA%E8%A9%AE%E7%A7%91%E6%8A%80-%E6%98%86%E5%B1%B1-%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8%E5%85%AC%E5%91%8A%E8%91%A3%E4%BA%8B%E6%9C%83%E6%B1%BA%E8%AD%B0%E9%80%9A%E9%81%8E-%E6%8E%88%E6%AC%8A%E7%B8%BD%E7%B6%93%E7%90%86%E5%95%9F%E5%8B%95%E8%88%87%E7%95%B6%E5%9C%B0%E6%94%BF

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