What is Jiawei's non-compete waiver?

It is a permission granted by shareholders for an independent director to perform similar business functions at other companies.

What is the legal basis for this?

It is based on Article 209 of the Taiwan Company Act, required when a director engages in business that conflicts with the company's scope.

Ms. Chen Weizhi can legally hold concurrent positions in other firms, allowing for the application of her expertise.

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During its shareholder meeting on May 19, 2025, Jiawei approved the waiver of non-compete restrictions for Independent Director Chen Weizhi.

Q: What is Jiawei's non-compete waiver?: A: It is a permission granted by shareholders for an independent director to perform similar business functions at other companies.
Q: What is the legal basis for this?: A: It is based on Article 209 of the Taiwan Company Act, required when a director engages in business that conflicts with the company's scope.
Q: What is the impact of this resolution?: A: Ms. Chen Weizhi can legally hold concurrent positions in other firms, allowing for the application of her expertise.