Li Qing Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Newly Appointed Directors and Their Representatives
Key facts
- Li Qing Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Newly Appointed Directors and Their Representatives
- On June 22, 2026, Li Qing's annual shareholders' meeting approved the lifting of non-competition restrictions for several directors and their representatives during their term of office. The permitted competitive activities involve investments or operations in businesses similar to Li Qing’s in mainland China, with no impact on the company’s financial or operational performance.
- Source: TWSE
- Date: Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)
Direct answer
On June 22, 2026, Li Qing's annual shareholders' meeting approved the lifting of non-competition restrictions for several directors and their representatives during their term of office. The permitted competitive activities involve investments or operations in businesses similar to Li Qing’s in mainland China, with no impact on the company’s financial or operational performance.
- Citation
- Li Qing Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Newly Appointed Directors and Their Representatives (Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)), TWSE
- Source
- TWSE
- Date
- Mon Jun 22 2026 09:00:00 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
On June 22, 2026, Li Qing's annual shareholders' meeting approved the lifting of non-competition restrictions for several directors and their representatives during their term of office. The permitted competitive activities involve investments or operations in businesses similar to Li Qing’s in mainland China, with no impact on the company’s financial or operational performance.
AI Analysis
Frequently Asked Questions
- Q: Who are the directors permitted to engage in competitive activities?
- A: Liu Mei-Xiu, Wu Jun-Ji, Wu Rong-Sheng, Chen Zheng-Min, and three independent directors.
- Q: Does this resolution affect Li Qing’s financial performance?
- A: The company states there is no impact on its financial or business operations.
- Q: What businesses do the mainland entities operate?
- A: They focus on LED chips, automotive lighting, energy-saving fixtures, and precision molds.