Why is this announcement significant?

It indicates a transparent disclosure of corporate governance policies and the necessary legal procedures for operating business activities in mainland China.

What is the scope of the non-compete waiver?

It applies specifically to the duties and roles of directors and representatives at Yi Sheng Investment.

Which companies are involved?

In addition to Song Chuan Precision, representatives from Taiwan Crystal Technology are also involved as board members.

AI News NQ Analysis

[Song Chuan Precision] Announcement regarding the lifting of non-compete restrictions for directors of the subsidiary 'Yi Sheng Investment'

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Key facts

[Song Chuan Precision] Announcement regarding the lifting of non-compete restrictions for directors of the subsidiary 'Yi Sheng Investment'
Song Chuan Precision's subsidiary, Yi Sheng Investment Co., Ltd., passed a resolution at the shareholders' meeting on June 5, 2026, to lift non-compete restrictions for specific directors. This measure relates to business activities in mainland China and has no financial impact on the group.
Source: TWSE
Date: Fri Jun 05 2026 09:00:00 GMT+0900 (Japan Standard Time)

Direct answer

Song Chuan Precision's subsidiary, Yi Sheng Investment Co., Ltd., passed a resolution at the shareholders' meeting on June 5, 2026, to lift non-compete restrictions for specific directors. This measure relates to business activities in mainland China and has no financial impact on the group.

Citation: [Song Chuan Precision] Announcement regarding the lifting of non-compete restrictions for directors of the subsidiary 'Yi Sheng Investment' (Fri Jun 05 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
Source: TWSE
Date: Fri Jun 05 2026 09:00:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

Song Chuan Precision's subsidiary, Yi Sheng Investment Co., Ltd., passed a resolution at the shareholders' meeting on June 5, 2026, to lift non-compete restrictions for specific directors. This measure relates to business activities in mainland China and has no financial impact on the group.

AI Analysis

Frequently Asked Questions

Q: Why is this announcement significant?: A: It indicates a transparent disclosure of corporate governance policies and the necessary legal procedures for operating business activities in mainland China.
Q: What is the scope of the non-compete waiver?: A: It applies specifically to the duties and roles of directors and representatives at Yi Sheng Investment.
Q: Which companies are involved?: A: In addition to Song Chuan Precision, representatives from Taiwan Crystal Technology are also involved as board members.