Weiquan Lifts Competition Restrictions for New Directors
Key facts
- Weiquan Lifts Competition Restrictions for New Directors
- Shareholders approved six directors to pursue competing business, no harm to company.
- Source: PR Times
- Date: June 2, 2026
Direct answer
Shareholders approved six directors to pursue competing business, no harm to company.
- Citation
- Weiquan Lifts Competition Restrictions for New Directors (June 2, 2026), PR Times
- Source
- PR Times
- Date
- June 2, 2026
Shareholders approved six directors to pursue competing business, no harm to company.
📋 Article Processing Timeline
- 📰 Published: June 2, 2026 at 09:00
- 🔍 Collected: June 3, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 7, 2026 at 05:42 (93h 41m after Collected)
On 115/06/02, shareholders (≥2/3 vote) approved six directors to undertake business similar to Weiquan's during their terms.
FAQ
What was the meeting decision date?
115/06/02
Which directors were permitted to compete?
Chen, Chen, He, Lin, Ye, Zheng
What is the allowed scope of competition?
Similar business that does not harm the company
What is the competition permission period?
During their tenure as directors
What was the shareholders' voting outcome?
Two-thirds majority approved