Yisheng Announces Resolution at Shareholders' Meeting to Lift Non-Competition Restrictions for Directors
Yisheng's shareholders' meeting resolved to lift non-competition restrictions for several directors, including Peng Ting-yu. This allows certain directors to invest in businesses in China.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 09:45 (1h 45m after Collected)
At the shareholders' meeting held on May 12, 115, Yisheng resolved to lift the non-competition restrictions for eight individuals, including directors Peng Ting-yu, Wen Yu-mei, corporate director Xin Quan Yuan Investment Co., Ltd. (representative Cai Jin-wan), and independent directors Tang Peng-lin, Yan Zong-ming, Zhang Zhi-yuan, and Hong Jia-jun, during their tenure as directors. Specifically, Wen Yu-mei and Cai Jin-wan (as representative of Xin Quan Yuan Investment) will be permitted to invest in businesses such as TFT-LCD related products in Shenzhen. The announcement states that the impact on the company's finances and operations will be minor. The resolution was passed with the approval of two-thirds of the voting rights of the shareholders present, representing more than half of the issued share capital.