[Dayu] Announcement of Shareholders' Meeting Resolution on Lifting Non-Compete Restrictions for New Directors
Dayu Textile announced that the shareholders' meeting on June 1, 115, approved the lifting of non-compete restrictions for new directors. Directors Li Li-sheng, Yu Chun-ping, and Yang Ren-kai are permitted to hold concurrent positions in companies with similar business scopes during their tenure.
📋 Article Processing Timeline
- 📰 Published: June 1, 2026 at 09:00
- 🔍 Collected: June 2, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 08:57 (57 min after Collected)
1. Date of resolution: 115/06/01. 2. Names and titles of directors permitted to engage in competitive activities: Director Li Li-sheng (Representative of Rongyu International), Director Yu Chun-ping (Representative of Lianghao Technology), Director Yang Ren-kai. 3. Scope of permitted activities: Investing in or managing other companies with the same business scope as the company, including serving as directors or managers. Concurrent positions: Li Li-sheng (Chairman of Rongxin Industrial), Yu Chun-ping (Director of Liangwei Fiber), Yang Ren-kai (Director of Taiwan Fu-Chuan Fiber, Hongyu Enterprise, Qingfeng Industrial, and Zhansong and its Vietnam subsidiary). 4. Duration: During the term of office as a director. 5. Resolution status: Approved as proposed. 6-9. Mainland China business: Not applicable. 10. Financial impact: None. 11. Investment details: Not applicable. 12. Other: None.
FAQ
What is non-compete restriction?
A legal restriction preventing directors from engaging in businesses that compete with their current company.