Rexon (1515) Shareholders Approve Lifting of Non-Compete Restrictions for New Directors
Rexon Industrial Corp. announced that its Annual General Meeting on May 20, 2026, resolved to lift the non-compete restrictions for five new directors, including Mr. Wang Kuan-Hsiang. This allows them to hold positions in other companies with similar business operations during their tenure. The resolution was passed by shareholder vote.
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- 📰 Published: May 21, 2026 at 06:31
- 🔍 Collected: May 21, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 21, 2026 at 08:02 (1h 30m after Collected)
Date of Report: 2026/05/21
Date of Announcement: 2026/05/20
Time of Announcement: 15:11:00
Company Code: 1515
Company Name: Rexon
Subject: Resolution of the 2026 Annual General Meeting of Shareholders to lift the non-compete restrictions for new directors.
Explanation:
1. Date of shareholders' meeting resolution: 2026/05/20
2. Names and titles of directors permitted to engage in competitive activities:
- Director Wang Kuan-Hsiang: Director at Power Tool Specialists Inc., Director at Hong Kong Jinke International Group Co., Ltd., Director at Tongxiang Rexon Industrial Co., Ltd., Independent Director at Shengxin Materials Technology Co., Ltd., Representative of Kun Ju Co., Ltd.
- Director Wang Kuan-Chuan: Director at Power Tool Specialists Inc.
- Director Huang Ching-Hsiang: Chairman at Tongxiang Rexon Industrial Co., Ltd., Director at Jinke International (Hong Kong) Co., Ltd., Director at Baojing Co., Ltd.
- Director Chen Chun-Wei: Chairman at Rexon Technology Co., Ltd., Director at Hong Kong Jinke International Group Co., Ltd.
- Director Kuo Pu-Chiao: Director at Rexon Technology Co., Ltd., Director at Hung Chiao Investment Co., Ltd.
3. Scope of permitted competitive activities: Companies with business items the same as or similar to this company's.
4. Period of permitted competitive activities: During the tenure as a director of this company.
5. Resolution details: Passed as proposed after a vote by the attending shareholders.
6. For permitted competitive activities involving businesses in Mainland China, the directors' names and titles:
- Director Wang Kuan-Hsiang: Director at Tongxiang Rexon Industrial Co., Ltd.
- Director Huang Ching-Hsiang: Chairman at Tongxiang Rexon Industrial Co., Ltd.
7. Name and position held in the said Mainland China enterprise: Wang Kuan-Hsiang
Date of Announcement: 2026/05/20
Time of Announcement: 15:11:00
Company Code: 1515
Company Name: Rexon
Subject: Resolution of the 2026 Annual General Meeting of Shareholders to lift the non-compete restrictions for new directors.
Explanation:
1. Date of shareholders' meeting resolution: 2026/05/20
2. Names and titles of directors permitted to engage in competitive activities:
- Director Wang Kuan-Hsiang: Director at Power Tool Specialists Inc., Director at Hong Kong Jinke International Group Co., Ltd., Director at Tongxiang Rexon Industrial Co., Ltd., Independent Director at Shengxin Materials Technology Co., Ltd., Representative of Kun Ju Co., Ltd.
- Director Wang Kuan-Chuan: Director at Power Tool Specialists Inc.
- Director Huang Ching-Hsiang: Chairman at Tongxiang Rexon Industrial Co., Ltd., Director at Jinke International (Hong Kong) Co., Ltd., Director at Baojing Co., Ltd.
- Director Chen Chun-Wei: Chairman at Rexon Technology Co., Ltd., Director at Hong Kong Jinke International Group Co., Ltd.
- Director Kuo Pu-Chiao: Director at Rexon Technology Co., Ltd., Director at Hung Chiao Investment Co., Ltd.
3. Scope of permitted competitive activities: Companies with business items the same as or similar to this company's.
4. Period of permitted competitive activities: During the tenure as a director of this company.
5. Resolution details: Passed as proposed after a vote by the attending shareholders.
6. For permitted competitive activities involving businesses in Mainland China, the directors' names and titles:
- Director Wang Kuan-Hsiang: Director at Tongxiang Rexon Industrial Co., Ltd.
- Director Huang Ching-Hsiang: Chairman at Tongxiang Rexon Industrial Co., Ltd.
7. Name and position held in the said Mainland China enterprise: Wang Kuan-Hsiang