[Cathay Wind] Cathay Wind Power Holding Co., Ltd. Announces Lifting of Non-Compete Restrictions for Managers
Cathay Wind Power Holding Co., Ltd. announced that its Board of Directors approved the lifting of non-compete restrictions for General Manager Lin Chih-bang and Associate Manager of the Finance and Accounting Department Tsai Chi-yu on May 22, 2026. This applies for their duration of employment and has no impact on financial or operational status.
📋 Article Processing Timeline
- 📰 Published: May 22, 2026 at 09:00
- 🔍 Collected: May 23, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 24, 2026 at 06:01 (22h 0m after Collected)
1. Board of Directors Resolution Date: 115/05/22
2. Names and Titles of Managers Permitted to Engage in Competitive Behavior: Lin Chih-bang/General Manager, Tsai Chi-yu/Associate Manager of the Finance and Accounting Department
3. Items Permitted for Competitive Behavior: Companies with the same or similar scope of business as Cathay Wind Power Holding Co., Ltd.
4. Period Permitted for Competitive Behavior: Duration of employment
5. Resolution Status (Please explain the voting results according to Article 32 of the Company Act): Approved by the Board of Directors
6. If the permitted competitive behavior belongs to a business in Mainland China, the manager's name and title (If it does not belong to a business in Mainland China, please enter "Not Applicable"): Not Applicable
7. Company name and position held in the Mainland China business: Not Applicable
8. Address of the Mainland China business held: Not Applicable
9. Business items of the Mainland China business held: Not Applicable
10. Extent of impact on the company's financial and business operations: None
11. If the manager has invested in the Mainland China business, the investment amount and shareholding ratio: Not Applicable
12. Other items to be stated: None
2. Names and Titles of Managers Permitted to Engage in Competitive Behavior: Lin Chih-bang/General Manager, Tsai Chi-yu/Associate Manager of the Finance and Accounting Department
3. Items Permitted for Competitive Behavior: Companies with the same or similar scope of business as Cathay Wind Power Holding Co., Ltd.
4. Period Permitted for Competitive Behavior: Duration of employment
5. Resolution Status (Please explain the voting results according to Article 32 of the Company Act): Approved by the Board of Directors
6. If the permitted competitive behavior belongs to a business in Mainland China, the manager's name and title (If it does not belong to a business in Mainland China, please enter "Not Applicable"): Not Applicable
7. Company name and position held in the Mainland China business: Not Applicable
8. Address of the Mainland China business held: Not Applicable
9. Business items of the Mainland China business held: Not Applicable
10. Extent of impact on the company's financial and business operations: None
11. If the manager has invested in the Mainland China business, the investment amount and shareholding ratio: Not Applicable
12. Other items to be stated: None
FAQ
What is the background of the lifting of the non-compete clause by Cathay Wind Power?
It aims to ensure flexibility for the management team in performing their duties, based on formal legal procedures.
What is the impact of this decision on investors?
The company has announced that there is no impact on its financial operations, and this is a standard corporate procedure.
Who are the executives affected by the lifting of the non-compete clause?
The General Manager (Mr. Lin Chih-bang) and the Associate Manager of the Finance and Accounting Department (Mr. Tsai Chi-yu).