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AVer Information Announces Shareholder Approval to Lift Non-Competition Restrictions for Newly Appointed Directors

Key facts

  • AVer Information Announces Shareholder Approval to Lift Non-Competition Restrictions for Newly Appointed Directors
  • On June 9, 2026, AVer Information's annual general meeting approved the lifting of non-competition restrictions for certain directors, permitting them to engage in business activities within the company's operational scope, provided such activities do not harm the company's interests. The decision involves directors holding positions in mainland China-based entities, with no impact on the company's financial or operational performance.
  • Source: TWSE
  • Date: Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)

Direct answer

On June 9, 2026, AVer Information's annual general meeting approved the lifting of non-competition restrictions for certain directors, permitting them to engage in business activities within the company's operational scope, provided such activities do not harm the company's interests. The decision involves directors holding positions in mainland China-based entities, with no impact on the company's financial or operational performance.

Citation
AVer Information Announces Shareholder Approval to Lift Non-Competition Restrictions for Newly Appointed Directors (Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
Source
TWSE
Date
Tue Jun 09 2026 09:00:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

On June 9, 2026, AVer Information's annual general meeting approved the lifting of non-competition restrictions for certain directors, permitting them to engage in business activities within the company's operational scope, provided such activities do not harm the company's interests. The decision involves directors holding positions in mainland China-based entities, with no impact on the company's financial or operational performance.

AI Analysis

Frequently Asked Questions

Q: Why did AVer lift non-competition restrictions?
A: To enhance group-wide operational synergy and strategic coordination.
Q: Does this affect AVer's financial performance?
A: The company states there is no impact on financial or business operations.
Q: Which directors are affected?
A: Kuo Chung-Sung, Lin Chao-Hsiang, Kuo Yu-Ting, Lin Chien-Liang, and Chiu Su-Mei.
Q: What mainland China roles are involved?
A: Chairman at AVerMedia Shanghai; director at multiple Wistron entities.
Q: How long is the waiver valid?
A: Only during their tenure as directors of AVer Information.