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[AverMedia] Announcement of Resolution to Lift Non-Competition Restrictions for Directors at the 115th Shareholders' Meeting

AI Summary (NQ-processed)

AverMedia's shareholders' meeting passed a resolution to lift the non-competition restrictions for directors, allowing them to engage in activities within the company's business scope that do not harm the company's interests. This resolution is effective during their tenure and was approved with the consent of over half of the shareholders. Notably, Director Guo Zhongsong is permitted to engage in business activities related to mainland China operations.

AI Analysis

Frequently Asked Questions

Q: What activities can AverMedia directors engage in going forward?
A: Directors are permitted to engage in competitive acts within the company's business scope, provided they do not harm the company's interests. Business expansion in the Chinese market is particularly expected.
Q: How will this resolution affect AverMedia's management?
A: By broadening the scope of directors' activities, the company is expected to respond quickly to market changes and seize new business opportunities.
Q: What is Chairman Guo Zhongsong's role in China?
A: As Chairman of AverMedia Multimedia Technology (Shanghai) Co., Ltd., Guo Zhongsong will lead the sales of computer system equipment and multimedia-related products in the Chinese market.