Hotai Motor Approves NT$20 Dividend at Shareholders' Meeting; Aiming for 25th Consecutive Year of Small Car Sales Leadership

Hotai Motor held its shareholders' meeting today and approved the earnings distribution plan, declaring a cash dividend of NT$20 per share. Chairman Huang Nan-kuang stated that with Taiwan's economic growth driven by strong demand for semiconductors and AI applications, the new car market is expected to reach 440,000 units this year. The company aims for a total sales target of 165,000 units across its TOYOTA, LEXUS, and HINO brands, striving for its 25th consecutive year of leadership in small car sales.