[Kishou Global] Subsidiary Dayou International Optoelectronics Passes Resolution at Shareholders' Meeting to Waive Non-Compete Restrictions for New Directors and Representatives
On May 22, 2026, Dayou International Optoelectronics, a subsidiary of Kishou Global, approved the waiver of non-compete restrictions for its directors at the shareholders' meeting.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 25, 2026 at 05:45 (45h 45m after Collected)
1. Date of shareholders' meeting resolution: May 22, 2026
2. Names and titles of directors permitted to engage in competitive business:
- Director: Representative of Kishou Global Industry Co., Ltd. - Chen Bihua
- Director: Representative of Kishou Global Industry Co., Ltd. - Luo Guangwei
- Director: Representative of Kishou Global Industry Co., Ltd. - Luo Guangli
3. Scope of competitive business permitted: Business activities within the same scope as the company.
4. Period of permission: During the tenure as a director of the company.
5. Resolution status (Based on Article 209 of the Company Act): Approved at the annual shareholders' meeting on May 22, 2026, under the condition that company interests are not harmed.
6. Mainland China business: N/A.
7. Other: None.
2. Names and titles of directors permitted to engage in competitive business:
- Director: Representative of Kishou Global Industry Co., Ltd. - Chen Bihua
- Director: Representative of Kishou Global Industry Co., Ltd. - Luo Guangwei
- Director: Representative of Kishou Global Industry Co., Ltd. - Luo Guangli
3. Scope of competitive business permitted: Business activities within the same scope as the company.
4. Period of permission: During the tenure as a director of the company.
5. Resolution status (Based on Article 209 of the Company Act): Approved at the annual shareholders' meeting on May 22, 2026, under the condition that company interests are not harmed.
6. Mainland China business: N/A.
7. Other: None.
FAQ
Why is the non-compete for directors being waived?
To increase management flexibility and achieve operational efficiency across the group.
What procedure was followed for this decision?
It was resolved at the shareholders' meeting on May 22, 2026, in accordance with Article 209 of the Company Act.
Does this impact company interests?
The waiver is granted on the condition that company interests are not harmed, and it is strictly managed.