Kangsu Announces Subsidiary Kangyue Technology's Shareholders Approve Removal of Director Non-Compete Restrictions
Key facts
- Kangsu Announces Subsidiary Kangyue Technology's Shareholders Approve Removal of Director Non-Compete Restrictions
- Kangyue Technology Co., Ltd., a key subsidiary of Kangsu, announced that its 2026 annual general meeting approved the lifting of non-compete restrictions for directors Xu Jieli and Chen Bochang during their tenure, provided such activities do not harm the company's interests.
- Source: 臺灣證券交易所 TWSE
- Date: June 24, 2026
Direct answer
Kangyue Technology Co., Ltd., a key subsidiary of Kangsu, announced that its 2026 annual general meeting approved the lifting of non-compete restrictions for directors Xu Jieli and Chen Bochang during their tenure, provided such activities do not harm the company's interests.
- Citation
- Kangsu Announces Subsidiary Kangyue Technology's Shareholders Approve Removal of Director Non-Compete Restrictions (June 24, 2026), 臺灣證券交易所 TWSE
- Source
- 臺灣證券交易所 TWSE
- Date
- June 24, 2026
Kangyue Technology Co., Ltd., a key subsidiary of Kangsu, announced that its 2026 annual general meeting approved the lifting of non-compete restrictions for directors Xu Jieli and Chen Bochang during their tenure, provided such activities do not harm the company's interests.
📋 Article Processing Timeline
- 📰 Published: June 24, 2026 at 09:00
- 🔍 Collected: June 25, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 25, 2026 at 17:52 (52 min after Collected)
1. Shareholders' Meeting Resolution Date: June 24, 2026
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
Director: Xu Jieli, Chen Bochang
3. Scope of Permitted Competitive Activities:
Limited to activities that do not impair the interests of the company.
4. Duration of Permitted Competitive Activities:
The period during which the individuals serve as directors of Kangyue Technology.
5. Resolution Outcome (Voting Results as per Article 209 of the Company Act):
In accordance with Article 209 of the Company Act, the 2026 annual general meeting of Kangyue Technology, held on June 24, 2026, approved the removal of non-compete restrictions for the directors, provided that such competitive activities do not harm the company's interests.
6. Directors Engaging in Competitive Activities Related to Mainland China-based Businesses (Enter 'Not Applicable' if not applicable):
Not Applicable
7. Company Name and Position Held in the Mainland China-based Business:
Not Applicable
8. Address of the Mainland China-based Business:
Not Applicable
9. Business Scope of the Mainland China-based Business:
Not Applicable
10. Impact on the Company's Financial and Operational Performance:
Not Applicable
11. If the Directors Have Invested in the Mainland China-based Business, Investment Amount and Shareholding Ratio:
Not Applicable
12. Other Matters to be Disclosed:
None
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
Director: Xu Jieli, Chen Bochang
3. Scope of Permitted Competitive Activities:
Limited to activities that do not impair the interests of the company.
4. Duration of Permitted Competitive Activities:
The period during which the individuals serve as directors of Kangyue Technology.
5. Resolution Outcome (Voting Results as per Article 209 of the Company Act):
In accordance with Article 209 of the Company Act, the 2026 annual general meeting of Kangyue Technology, held on June 24, 2026, approved the removal of non-compete restrictions for the directors, provided that such competitive activities do not harm the company's interests.
6. Directors Engaging in Competitive Activities Related to Mainland China-based Businesses (Enter 'Not Applicable' if not applicable):
Not Applicable
7. Company Name and Position Held in the Mainland China-based Business:
Not Applicable
8. Address of the Mainland China-based Business:
Not Applicable
9. Business Scope of the Mainland China-based Business:
Not Applicable
10. Impact on the Company's Financial and Operational Performance:
Not Applicable
11. If the Directors Have Invested in the Mainland China-based Business, Investment Amount and Shareholding Ratio:
Not Applicable
12. Other Matters to be Disclosed:
None
FAQ
What is the legal basis for this resolution?
It is based on Article 209 of the Company Act, approved by the shareholders' meeting.
Can conflicts of interest still be prevented?
Yes, the activities are permitted only if they do not harm the company's interests.
Is this practice common in the industry?
Tech-driven firms are increasingly allowing executives to engage in external expertise roles.