[Guo-Yuan] Announcement of the Company's 115th Shareholders' Meeting Resolution: Lifting of Non-Competition Restrictions for New Directors
Guo-Yuan Company's 115th Shareholders' Meeting resolved to lift the non-competition restrictions for newly appointed directors, including corporate director representatives and independent directors. This resolution passed with a high approval rate of 98.39%, indicating strong shareholder support. The decision is not expected to significantly impact the company's financial operations.
📋 Article Processing Timeline
- 📰 Published: June 9, 2026 at 09:00
- 🔍 Collected: June 10, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 12, 2026 at 17:53 (57h 53m after Collected)
1. Date of Shareholders' Meeting Resolution: 115/06/09
2. Names and Titles of Directors Permitted to Engage in Competitive Acts:
Corporate Directors:
Representative of Cheng-Chi Investment Co., Ltd. -- Hou Jia-Qi
Representative of Bai-Di Development & Industry Co., Ltd. -- Peng Shao-Ling
Representative of Bai-Di Development & Industry Co., Ltd. -- Ruan Jian-Ping
Representative of Ji-Zan Industrial Co., Ltd. -- Huang Guang-Yu
Representative of Ji-Zan Industrial Co., Ltd. -- Yang Yong-Hong
Independent Directors:
Hsu Miao-Ching
Lin Fang-Chi
3. Scope of Permitted Competitive Acts:
Companies with the same or similar business scope as the Company.
4. Duration of Permitted Competitive Acts:
During the tenure as a director of the Company.
5. Resolution Details (Explain the voting results in accordance with Article 209 of the Company Act):
Voting rights in favor: 278,583,183 votes, accounting for 98.39% of the total voting rights in attendance; opposing votes: 225,183 votes; abstained/unvoted: 4,317,163 votes. The motion was approved by vote.
6. Names and Titles of Directors Engaging in Business in Mainland China (If not applicable, please enter 'N/A'):
N/A
7. Company Name and Position in Mainland China Business:
N/A
8. Address of Business in Mainland China:
N/A
9. Business Items of Business in Mainland China:
N/A
10. Impact on the Company's Financial and Business Operations:
None.
11. If Directors Have Investments in Mainland China Businesses, Investment Amount and Shareholding Ratio:
None.
12. Other Matters to be Noted:
None.
2. Names and Titles of Directors Permitted to Engage in Competitive Acts:
Corporate Directors:
Representative of Cheng-Chi Investment Co., Ltd. -- Hou Jia-Qi
Representative of Bai-Di Development & Industry Co., Ltd. -- Peng Shao-Ling
Representative of Bai-Di Development & Industry Co., Ltd. -- Ruan Jian-Ping
Representative of Ji-Zan Industrial Co., Ltd. -- Huang Guang-Yu
Representative of Ji-Zan Industrial Co., Ltd. -- Yang Yong-Hong
Independent Directors:
Hsu Miao-Ching
Lin Fang-Chi
3. Scope of Permitted Competitive Acts:
Companies with the same or similar business scope as the Company.
4. Duration of Permitted Competitive Acts:
During the tenure as a director of the Company.
5. Resolution Details (Explain the voting results in accordance with Article 209 of the Company Act):
Voting rights in favor: 278,583,183 votes, accounting for 98.39% of the total voting rights in attendance; opposing votes: 225,183 votes; abstained/unvoted: 4,317,163 votes. The motion was approved by vote.
6. Names and Titles of Directors Engaging in Business in Mainland China (If not applicable, please enter 'N/A'):
N/A
7. Company Name and Position in Mainland China Business:
N/A
8. Address of Business in Mainland China:
N/A
9. Business Items of Business in Mainland China:
N/A
10. Impact on the Company's Financial and Business Operations:
None.
11. If Directors Have Investments in Mainland China Businesses, Investment Amount and Shareholding Ratio:
None.
12. Other Matters to be Noted:
None.
FAQ
Why did Guo-Yuan Company lift the non-competition restrictions for its directors?
It is believed to be to maximize the use of directors' expertise and networks, promoting the creation of new business opportunities and investment activities. The resolution passed with a high approval rate at the shareholders' meeting.
What impact will the lifting of non-competition restrictions have on the company's performance?
While the company assesses the impact on financial operations as 'none,' the expanded scope of directors' activities may lead to the creation of new revenue opportunities in the future.
What specific activities can the relieved directors engage in?
They are permitted to engage in activities with companies that have the same or similar business scope as Guo-Yuan Company, within their tenure as directors.