[KengPeng] Shareholder Meeting Resolves to Lift Non-Compete Restrictions for Directors
Key facts
- [KengPeng] Shareholder Meeting Resolves to Lift Non-Compete Restrictions for Directors
- KengPeng Corporation resolved at its shareholder meeting on June 24 to lift non-compete restrictions for directors Lin Pei-Ji, Tseng Liu Yu-Zhi, and Tong Xiao-Hong. This decision was made without harming the company's interests and has no impact on its financial operations.
- Source: PR Times
- Date: June 24, 2026
Direct answer
KengPeng Corporation resolved at its shareholder meeting on June 24 to lift non-compete restrictions for directors Lin Pei-Ji, Tseng Liu Yu-Zhi, and Tong Xiao-Hong. This decision was made without harming the company's interests and has no impact on its financial operations.
- Citation
- [KengPeng] Shareholder Meeting Resolves to Lift Non-Compete Restrictions for Directors (June 24, 2026), PR Times
- Source
- PR Times
- Date
- June 24, 2026
KengPeng Corporation resolved at its shareholder meeting on June 24 to lift non-compete restrictions for directors Lin Pei-Ji, Tseng Liu Yu-Zhi, and Tong Xiao-Hong. This decision was made without harming the company's interests and has no impact on its financial operations.
📋 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 17:37 (37 min after Collected)
1. Shareholder Meeting Resolution Date: 115/06/24
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
Director/Lin Pei-Ji
Director/Tseng Liu Yu-Zhi
Director/Tong Xiao-Hong
3. Items Permitted for Competitive Activities: The company's business operations
4. Period Permitted for Competitive Activities: Term of office
5. Resolution Situation (Please explain the voting results based on Article 209 of the Company Law):
In accordance with Article 209 of the Company Law, the company resolved at its shareholder meeting on June 24, 2024, to lift the non-compete restrictions for directors without harming the company's interests.
6. Names and Titles of Directors Permitted to Engage in Competitive Activities (If not applicable to mainland businesses, please enter 'Not Applicable'):
Director/Lin Pei-Ji
Director/Tseng Liu Yu-Zhi
Director/Tong Xiao-Hong
7. Names and Positions of Companies in Mainland Businesses:
Director/Lin Pei-Ji Serving as Director of KengPeng (Changshu) Electronics Co., Ltd.
Director/Tseng Liu Yu-Zhi Serving as Director of KengPeng (Changshu) Electronics Co., Ltd.
Director/Tseng Liu Yu-Zhi Serving as Director of Suzhou Haokang Import and Export Co., Ltd.
Director/Tong Xiao-Hong Serving as Director of KengPeng (Changshu) Electronics Co., Ltd.
8. Addresses of Mainland Businesses:
KengPeng (Changshu) Electronics Co., Ltd.
No. 98 Huangpujiang Road, Changshu High-Tech Industrial Development Zone, Jiangsu Province
Suzhou Haokang Import and Export Co., Ltd.
Room 201, 2nd Floor, No. 98 Huangpujiang Road, Changshu High-Tech Industrial Development Zone, Jiangsu Province
9. Business Items of Mainland Businesses:
KengPeng (Changshu) Electronics Co., Ltd.
Printed Circuit Boards
Suzhou Haokang Import and Export Co., Ltd.
Import and Export Trade
10. Impact on Company's Financial Operations: None. The company is a 100% indirectly held subsidiary of the company.
11. Investment Amount and Shareholding Ratio if Directors are Investors in Mainland Businesses: None
12. Other Matters to be Stated: None
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
Director/Lin Pei-Ji
Director/Tseng Liu Yu-Zhi
Director/Tong Xiao-Hong
3. Items Permitted for Competitive Activities: The company's business operations
4. Period Permitted for Competitive Activities: Term of office
5. Resolution Situation (Please explain the voting results based on Article 209 of the Company Law):
In accordance with Article 209 of the Company Law, the company resolved at its shareholder meeting on June 24, 2024, to lift the non-compete restrictions for directors without harming the company's interests.
6. Names and Titles of Directors Permitted to Engage in Competitive Activities (If not applicable to mainland businesses, please enter 'Not Applicable'):
Director/Lin Pei-Ji
Director/Tseng Liu Yu-Zhi
Director/Tong Xiao-Hong
7. Names and Positions of Companies in Mainland Businesses:
Director/Lin Pei-Ji Serving as Director of KengPeng (Changshu) Electronics Co., Ltd.
Director/Tseng Liu Yu-Zhi Serving as Director of KengPeng (Changshu) Electronics Co., Ltd.
Director/Tseng Liu Yu-Zhi Serving as Director of Suzhou Haokang Import and Export Co., Ltd.
Director/Tong Xiao-Hong Serving as Director of KengPeng (Changshu) Electronics Co., Ltd.
8. Addresses of Mainland Businesses:
KengPeng (Changshu) Electronics Co., Ltd.
No. 98 Huangpujiang Road, Changshu High-Tech Industrial Development Zone, Jiangsu Province
Suzhou Haokang Import and Export Co., Ltd.
Room 201, 2nd Floor, No. 98 Huangpujiang Road, Changshu High-Tech Industrial Development Zone, Jiangsu Province
9. Business Items of Mainland Businesses:
KengPeng (Changshu) Electronics Co., Ltd.
Printed Circuit Boards
Suzhou Haokang Import and Export Co., Ltd.
Import and Export Trade
10. Impact on Company's Financial Operations: None. The company is a 100% indirectly held subsidiary of the company.
11. Investment Amount and Shareholding Ratio if Directors are Investors in Mainland Businesses: None
12. Other Matters to be Stated: None
FAQ
What is the main content of the shareholder meeting resolution of KengPeng Corporation?
The main content of the shareholder meeting resolution of KengPeng Corporation is to lift the non-compete restrictions for certain directors.
Which directors had their non-compete restrictions lifted?
The directors who had their non-compete restrictions lifted are Lin Pei-Ji, Tseng Liu Yu-Zhi, and Tong Xiao-Hong.
How long is the period for lifting the non-compete restrictions?
The period for lifting the non-compete restrictions is the term of office of the directors.
What impact does lifting the non-compete restrictions have on the company?
Lifting the non-compete restrictions has no impact on the company's financial operations.
Are the directors who had their non-compete restrictions lifted investing in mainland businesses?
The directors who had their non-compete restrictions lifted are not investing in mainland businesses.