【天虹】Resolution of the 115th Annual General Meeting Regarding the Lifting of Non-Compete Restrictions for Directors
At the annual general meeting on May 29, 115, Tianhong Technology approved the lifting of non-compete restrictions for several directors and independent directors under Article 209 of the Company Act. The individuals include Huang Jian-Luo, Lin Pei-Yu, Yi Jin-Liang, Huang Jing-Shu, Shi Bai-Da, and Li Du-Cheng. The company stated this has no material impact on its financial operations.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 09:00
- 🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:29 (34h 29m after Collected)
1. Date of resolution: 115/05/29. 2. Directors permitted: Huang Jian-Luo, Lin Pei-Yu, Yi Jin-Liang, Huang Jing-Shu, Shi Bai-Da, and Li Du-Cheng. 3. Scope: Concurrent positions in other companies. 4. Duration: During their tenure as directors. 5. Voting result: Approved by more than two-thirds of shareholders present. 6. Mainland China business: Yi Jin-Liang and Li Du-Cheng are involved. 7. Impact: No material impact on financial operations.
FAQ
What is the lifting of non-compete restrictions?
It is a corporate governance action where shareholders approve directors to hold positions in other companies that might compete with the firm.