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Hung Chin Announces Shareholders' Approval to Lift Non-Compete Restrictions on Directors and Their Representatives

Key facts

  • Hung Chin Announces Shareholders' Approval to Lift Non-Compete Restrictions on Directors and Their Representatives
  • On June 15, 115, Hung Chin's annual shareholders' meeting approved lifting non-compete restrictions for certain directors during their term, allowing them to engage in business activities within the company's scope. The resolution complies with Article 209 of the Company Act and has no financial impact.
  • Source: TWSE
  • Date: Mon Jun 15 2026 09:00:00 GMT+0900 (Japan Standard Time)

Direct answer

On June 15, 115, Hung Chin's annual shareholders' meeting approved lifting non-compete restrictions for certain directors during their term, allowing them to engage in business activities within the company's scope. The resolution complies with Article 209 of the Company Act and has no financial impact.

Citation
Hung Chin Announces Shareholders' Approval to Lift Non-Compete Restrictions on Directors and Their Representatives (Mon Jun 15 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
Source
TWSE
Date
Mon Jun 15 2026 09:00:00 GMT+0900 (Japan Standard Time)

AI Summary (NQ-processed)

On June 15, 115, Hung Chin's annual shareholders' meeting approved lifting non-compete restrictions for certain directors during their term, allowing them to engage in business activities within the company's scope. The resolution complies with Article 209 of the Company Act and has no financial impact.

AI Analysis

Frequently Asked Questions

Q: Who is permitted to engage in competitive activities?
A: Directors翁德奎, 李友錚, 吳梓生, and independent director 蕭耀貴.
Q: Is there involvement in mainland China operations?
A: Yes, 翁德奎 serves as supervisor at Hung Chin Xingye in Suzhou.
Q: What is the legal basis for this resolution?
A: Approved under Article 209 of Taiwan's Company Act.