[Hotai Motor] Announcement of Shareholder Resolution to Waive Non-Compete Restrictions for Directors
Key facts
- [Hotai Motor] Announcement of Shareholder Resolution to Waive Non-Compete Restrictions for Directors
- Hotai Motor announced that the shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for Chairman Huang Nan-Kuang, Vice Chairman Su Chun-Hsing, and Director Mizushina Masayuki to allow concurrent roles.
- Source: PR Times
- Date: May 27, 2026
Direct answer
Hotai Motor announced that the shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for Chairman Huang Nan-Kuang, Vice Chairman Su Chun-Hsing, and Director Mizushina Masayuki to allow concurrent roles.
- Citation
- [Hotai Motor] Announcement of Shareholder Resolution to Waive Non-Compete Restrictions for Directors (May 27, 2026), PR Times
- Source
- PR Times
- Date
- May 27, 2026
Hotai Motor announced that the shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for Chairman Huang Nan-Kuang, Vice Chairman Su Chun-Hsing, and Director Mizushina Masayuki to allow concurrent roles.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 09:00
- 🔍 Collected: May 28, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:01 (83h 1m after Collected)
2. Name and title of the directors permitted to engage in competitive behavior: Chairman Huang Nan-Kuang, Vice Chairman Su Chun-Hsing, Director Mizushina Masayuki
3. Items of competitive behavior permitted: Concurrent service in businesses within the same scope as the Company due to business needs.
4. Period of permitted competitive behavior: During the term of office as a director of the Company.
5. Resolution status: Approved by a majority of the voting rights of shareholders present, with more than two-thirds of the total issued shares represented.
6. If the permitted competitive behavior involves business in Mainland China, name and title: Not applicable
7. Name and position in the Mainland China entity: Not applicable
8. Address of the Mainland China entity: Not applicable
9. Business items of the Mainland China entity: Not applicable
10. Impact on the Company's financial and business operations: No impact
11. Investment amount and shareholding ratio in the Mainland China entity: Not applicable
12. Other matters: None
FAQ
What is Hotai Motor?
It is the sole distributor of Toyota vehicles in Taiwan and a leading automotive company.
What are the key facts in this article?
Hotai Motor announced that the shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for Chairman Huang Nan-Kuang, Vice Chairman Su Chun-Hsing, and Director Mizushina Masayuki to allow concurrent roles.
What is the direct answer?
Hotai Motor announced that the shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for Chairman Huang Nan-Kuang, Vice Chairman Su Chun-Hsing, and Director Mizushina Masayuki to allow concurrent roles.