Longbau Group, Inc. (OTCMKTS:LNGB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Longbau Group, Inc. (OTCMKTS:LNGB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 27, 2017, the Board of Directors (the “Board”) of Longbau Group, Inc. (the “Company”) increased the number of directors from three to six, effective July 1, 2017. To fill the three vacancies, on April 27, 2017 the Board appointed Dr. Chung Der Wu, Hsiang-Jen Cheng, and Chin-Shan Ko to serve on the Board, effective July 1, 2017.

Dr. Chung Der Wu joined Foxconn Technology group in 2012 and has been working as Assistant Vice President for five years, is responsible for incubating internal new businesses with his experience in technology and management. Previously he worked at the Institute of Information Industry, a Taiwan software national lab, for various innovative technologies. He was also a founding member in a Taiwan telecom. Prior to 2001, he worked at Lucent Technologies in the United States as a telecommunications equipment product manager, and was responsible for the South America and Taiwan market. Throughout his 30+ years of experience, Dr. Wu has worked in various different fields and the Company believes his experience can make a great contribution to the Company. Dr. Wu holds a Ph.D in Nuclear Engineering from the University of Cincinnati and an Masters of Business Administration from the University of Phoenix.

Mr. Hsiang-Jen Cheng currently serves as Chairmen of Chuanpu Insurance Broker Co., Ltd., Chairmen of Global International Insurance Agency Co., Ltd., and President of the Insurance Brokerage Association of Taiwan. Mr. Chen previously served as Senior Vice General Manager at TransGlobe Life Insurance, Inc. Mr. Chen received a Bachelor of Arts degree from the Department of Business Administration at the Fu Jen Catholic University.

Mr. Chin-Shan Ko founded Chao Yuon Co., Ltd. (“Chao Yuon”) in 1992. Chao Yuon mainly produces wire shelving, metal furniture and related products and provides OEM/ODM services. Chao Yuon has 70 employees and has a turn-over of $7 million. Chao Yuon’s clients includes AGA Marvel, YAMAZEN, IRIS OHYAMA, ParagonCare Group, Space Logic, TECHNIBILT. Chao Yuon also cooperates with the famous designer Peter Opsvik from Norway (Globle Concept).

  

 


About Longbau Group, Inc. (OTCMKTS:LNGB)

Longbau Group, Inc. is a start-up company pursuing a business plan focusing on management consulting services. The Company focuses on entering consultancy contracts with small death care service providers in Hong Kong and Taiwan. The Company focuses on providing a range of death care management consultancy services. The Company consults on the purchase of cemetery property and funeral and cemetery merchandise and services at the time of need and on a preneed basis. In addition, the Company specializes in the consultancy for deferred preneed funeral and cemetery receipts held in trust, preneed cemetery activities, preneed funeral activities, preneed funeral and cemetery, burial vaults and cemetery property. It sells supplies for funerals. The Company sells services in Hong Kong through Longbau Group Limited (Longbau Hong Kong), its operating company in Hong Kong, to small death care companies across Hong Kong.

Longbau Group, Inc. (OTCMKTS:LNGB) Recent Trading Information

Longbau Group, Inc. (OTCMKTS:LNGB) closed its last trading session 00.00 at 5.18 with shares trading hands.