[Chia Her] Approval of Waiver for Non-Compete Restrictions for the 20th Board of Directors
At the Annual General Meeting on May 22, 115, Chia Her passed a resolution to waive non-compete restrictions for its 20th board of directors. The decision includes directors involved in mainland businesses and has no material impact on company finances.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 23, 2026 at 12:08 (4h 8m after Collected)
1. Date of Shareholders' Meeting Resolution: May 22, 115
2. Names and Titles of Directors Authorized to Engage in Competitive Activities:
- Director, Representative of Tai Yuen Textile Co., Ltd.: Chen Sheng
- Director, Representative of Tai Yuen Textile Co., Ltd.: Hsiao Meng-fen
- Director, Representative of Yung Hsin Investment Co., Ltd.: Chen Ying-chang
- Director: Yang Yung-wei
- Independent Director: Chang Min-lei
- Independent Director: Lu Wei-ching
- Independent Director: Liu Hung-en
3. Items of Competitive Activities Permitted: Companies with the same or similar scope of business as the Company.
4. Period of Permission for Competitive Activities: During the term of office as a director of the Company.
5. Circumstances of Resolution (Explanation of voting results according to Article 209 of the Company Act): Passed by the Company's Annual General Meeting, on the premise of no detriment to the Company's interests, the non-compete restrictions for the above directors are lifted.
6. Names and Titles of Directors where Competitive Activities involve Mainland Chinese Businesses:
- Director: Chen Sheng
- Director: Chen Ying-chang
7. Company Name and Position in the Mainland Business:
- Director Chen Sheng: Chairman, Dezhou Yuanji Textile Co., Ltd.
- Director Chen Ying-chang: General Manager, Wuxi Hujia Garment Co., Ltd.
8. Address of the Mainland Business:
- Dezhou Yuanji Textile Co., Ltd.: No. 16, Shunhe West Road, Dezhou City, Shandong Province, China
- Wuxi Hujia Garment Co., Ltd.: 920-1A1, Jiefang East Road, Liangxi District, Wuxi City, Jiangsu Province, China
9. Business Scope of the Mainland Business:
- Dezhou Yuanji Textile Co., Ltd.: Spinning and garment processing and sales
- Wuxi Hujia Garment Co., Ltd.: Garment manufacturing (production ceased)
10. Impact on Company's Financials and Operations: None
11. Investment Amount and Shareholding Ratio of Directors in the Mainland Business: None
12. Other Matters: None
2. Names and Titles of Directors Authorized to Engage in Competitive Activities:
- Director, Representative of Tai Yuen Textile Co., Ltd.: Chen Sheng
- Director, Representative of Tai Yuen Textile Co., Ltd.: Hsiao Meng-fen
- Director, Representative of Yung Hsin Investment Co., Ltd.: Chen Ying-chang
- Director: Yang Yung-wei
- Independent Director: Chang Min-lei
- Independent Director: Lu Wei-ching
- Independent Director: Liu Hung-en
3. Items of Competitive Activities Permitted: Companies with the same or similar scope of business as the Company.
4. Period of Permission for Competitive Activities: During the term of office as a director of the Company.
5. Circumstances of Resolution (Explanation of voting results according to Article 209 of the Company Act): Passed by the Company's Annual General Meeting, on the premise of no detriment to the Company's interests, the non-compete restrictions for the above directors are lifted.
6. Names and Titles of Directors where Competitive Activities involve Mainland Chinese Businesses:
- Director: Chen Sheng
- Director: Chen Ying-chang
7. Company Name and Position in the Mainland Business:
- Director Chen Sheng: Chairman, Dezhou Yuanji Textile Co., Ltd.
- Director Chen Ying-chang: General Manager, Wuxi Hujia Garment Co., Ltd.
8. Address of the Mainland Business:
- Dezhou Yuanji Textile Co., Ltd.: No. 16, Shunhe West Road, Dezhou City, Shandong Province, China
- Wuxi Hujia Garment Co., Ltd.: 920-1A1, Jiefang East Road, Liangxi District, Wuxi City, Jiangsu Province, China
9. Business Scope of the Mainland Business:
- Dezhou Yuanji Textile Co., Ltd.: Spinning and garment processing and sales
- Wuxi Hujia Garment Co., Ltd.: Garment manufacturing (production ceased)
10. Impact on Company's Financials and Operations: None
11. Investment Amount and Shareholding Ratio of Directors in the Mainland Business: None
12. Other Matters: None
FAQ
What happens when a director's non-compete is waived?
The director is permitted to hold positions in competing companies. This resolution allows for better coordination across the group.
What does Chia Her do?
Chia Her is a company primarily engaged in textiles and garment manufacturing.
Who is this information for?
This is primarily for shareholders and investors monitoring corporate transparency.