【Wei Chuan】Board of Directors Approves Lifting Non-Compete Restrictions on Managers
Wei Chuan's Board of Directors approved a proposal to lift non-compete restrictions for General Manager and CEO Teng Yi-Yung and CFO Lee Wen-Hsueh, allowing them to concurrently serve as directors in the company's invested ventures.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 09:49 (1h 49m after Collected)
1. Date of Board of Directors Resolution: 2026/05/12
2. Name and title of manager permitted to engage in competitive activities: General Manager and CEO Teng Yi-Yung; CFO Lee Wen-Hsueh (Financial Officer)
3. Items permitted for competitive activities: Serving as director of the company's invested ventures during their tenure.
4. Period permitted for competitive activities: During their tenure as managers of the company.
5. Resolution status (Please explain voting results according to Article 32 of the Company Act): Unanimously approved by all attending directors.
6. Name and title of manager whose permitted competitive activity is for a business in mainland China (If not a business in mainland China, please enter "Not applicable" below): General Manager and CEO Teng Yi-Yung; CFO Lee Wen-Hsueh (Financial Officer)
7. Company name and position in the mainland China business: General Manager and CEO Teng Yi-Yung: Director of Hangzhou Kangpei Trading Co., Ltd.; CFO Lee Wen-Hsueh (Financial Officer): Director of Hangzhou Kangpei Trading Co., Ltd.
8. Address of the mainland China business: Room 303, 3rd Floor, Building 2, No. 502, 10th Street, Qiantang District, Hangzhou City, Zhejiang Province
9. Business scope of the mainland China business: General import and export trade business
10. Degree of impact on the company's finances and operations: None
11. If the manager has invested in the mainland China business, the investment amount and shareholding ratio: None
12. Other matters that should be specified: None
2. Name and title of manager permitted to engage in competitive activities: General Manager and CEO Teng Yi-Yung; CFO Lee Wen-Hsueh (Financial Officer)
3. Items permitted for competitive activities: Serving as director of the company's invested ventures during their tenure.
4. Period permitted for competitive activities: During their tenure as managers of the company.
5. Resolution status (Please explain voting results according to Article 32 of the Company Act): Unanimously approved by all attending directors.
6. Name and title of manager whose permitted competitive activity is for a business in mainland China (If not a business in mainland China, please enter "Not applicable" below): General Manager and CEO Teng Yi-Yung; CFO Lee Wen-Hsueh (Financial Officer)
7. Company name and position in the mainland China business: General Manager and CEO Teng Yi-Yung: Director of Hangzhou Kangpei Trading Co., Ltd.; CFO Lee Wen-Hsueh (Financial Officer): Director of Hangzhou Kangpei Trading Co., Ltd.
8. Address of the mainland China business: Room 303, 3rd Floor, Building 2, No. 502, 10th Street, Qiantang District, Hangzhou City, Zhejiang Province
9. Business scope of the mainland China business: General import and export trade business
10. Degree of impact on the company's finances and operations: None
11. If the manager has invested in the mainland China business, the investment amount and shareholding ratio: None
12. Other matters that should be specified: None