San-ko Announces Shareholders' Meeting Resolution to Lift Non-Compete Restriction for Director

Key facts

  • San-ko Announces Shareholders' Meeting Resolution to Lift Non-Compete Restriction for Director
  • San-ko's 2026 annual shareholders' meeting approved the lifting of non-compete restrictions for independent director Ms. Lu Yu-Hua, allowing her to concurrently serve as General Manager of Puda Applied Materials Co., Ltd. during her tenure.
  • Source: PR Times
  • Date: June 16, 2026

Direct answer

San-ko's 2026 annual shareholders' meeting approved the lifting of non-compete restrictions for independent director Ms. Lu Yu-Hua, allowing her to concurrently serve as General Manager of Puda Applied Materials Co., Ltd. during her tenure.

Citation
San-ko Announces Shareholders' Meeting Resolution to Lift Non-Compete Restriction for Director (June 16, 2026), PR Times
Source
PR Times
Date
June 16, 2026
San-ko's 2026 annual shareholders' meeting approved the lifting of non-compete restrictions for independent director Ms. Lu Yu-Hua, allowing her to concurrently serve as General Manager of Puda Applied Materials Co., Ltd. during her tenure.

📋 Article Processing Timeline

  • 📰 Published: June 16, 2026 at 09:00
  • 🔍 Collected: June 17, 2026 at 17:00 (32h 0m after Published)
  • 🤖 AI Analyzed: June 18, 2026 at 17:25 (24h 25m after Collected)
1. Shareholders' meeting resolution date: 2026/06/16

2. Name and title of director permitted to engage in competing business:
Independent Director: Lu Yu-Hua

3. Permitted competing business activities:
Independent Director: Lu Yu-Hua, General Manager, Puda Applied Materials Co., Ltd.

4. Duration of permitted competing activities: During the term of serving as director of our company

5. Resolution outcome (as required by Article 209 of the Company Act):
Approved at the annual shareholders' meeting held on June 16, 2026

6. Director's name and title if the permitted competing business involves operations in Mainland China (enter 'Not applicable' if not applicable): Not applicable

7. Name and position held at the Mainland China-based enterprise: Not applicable

8. Address of the Mainland China-based enterprise: Not applicable

9. Business scope of the Mainland China-based enterprise: Not applicable

10. Impact on the company's financial and business operations: None

11. If the director has invested in the Mainland China-based enterprise, the investment amount and shareholding ratio: Not applicable

12. Other matters to be disclosed: None

FAQ

Why did San-ko lift the non-compete restriction for its independent director?

To retain specialized talent and promote flexible corporate governance through diversified board participation.

Which company does Lu Yu-Hua serve as General Manager?

Lu Yu-Hua serves as General Manager at Puda Applied Materials Co., Ltd.

Will this decision affect San-ko's financial performance?

The company has assessed no material impact on its financial or operational performance.