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Founder Wu Chun-yi Resigns as Chairman of Ta Yih Industrial

Producer Manufacturing · Auto Parts: OEM · economic_daily · 2026-09-21

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Ta Yih Industrial founder Wu Chun-yi has stepped down as chairman, with Vice Chairman Iwanabe Megumi taking over as acting chair.

What Happened

Leadership Transition: Ta Yih Industrial has announced that founder Wu Chun-yi has resigned from his position as chairman, though he will remain on the board. Vice Chairman Iwanabe Megumi will serve as acting chairman until a successor is elected on September 29.

Succession Planning: Following discussions with Japanese shareholders, Wu aims to focus on cultivating professional management. He intends to continue providing strategic guidance and coordination for the company's future development.

Operational Headwinds: The company has faced challenges due to a shrinking domestic automotive market, with August revenue declining by 6% year-on-year. Despite these pressures, cumulative revenue for the first eight months of the year remains up by 9.4%.

Strategic Focus: Management stated that the existing team will continue to execute core strategies, focusing on automotive components and operational efficiency. The company remains committed to strengthening client relationships and expanding its international market presence.

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