[SMC] Announcement of Lifting Non-Compete Restrictions for New Directors
Key facts
- [SMC] Announcement of Lifting Non-Compete Restrictions for New Directors
- SMC (2442) resolved at its shareholders' meeting on May 29, 115, to lift non-compete restrictions for its new directors, including Lin Chuan-chieh, Lin Chuan-kai, Hsu Chang-yi, Hsu Chih-ming, and independent directors Zhao Sheng, Zhu Kong-sheng, and Zhang Lan-xin. Lin Chuan-kai is permitted to serve as Chairman of Kaiyang Optoelectronics (Suzhou) in mainland China.
- Source: PR Times
- Date: May 29, 2026
Direct answer
SMC (2442) resolved at its shareholders' meeting on May 29, 115, to lift non-compete restrictions for its new directors, including Lin Chuan-chieh, Lin Chuan-kai, Hsu Chang-yi, Hsu Chih-ming, and independent directors Zhao Sheng, Zhu Kong-sheng, and Zhang Lan-xin. Lin Chuan-kai is permitted to serve as Chairman of Kaiyang Optoelectronics (Suzhou) in mainland China.
- Citation
- [SMC] Announcement of Lifting Non-Compete Restrictions for New Directors (May 29, 2026), PR Times
- Source
- PR Times
- Date
- May 29, 2026
SMC (2442) resolved at its shareholders' meeting on May 29, 115, to lift non-compete restrictions for its new directors, including Lin Chuan-chieh, Lin Chuan-kai, Hsu Chang-yi, Hsu Chih-ming, and independent directors Zhao Sheng, Zhu Kong-sheng, and Zhang Lan-xin. Lin Chuan-kai is permitted to serve as Chairman of Kaiyang Optoelectronics (Suzhou) in mainland China.
📋 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 18:19 (34h 19m after Collected)
2. Directors permitted to engage in competitive behavior: Lin Chuan-chieh, Lin Chuan-kai, Hsu Chang-yi, Hsu Chih-ming, Zhao Sheng (Ind.), Zhu Kong-sheng (Ind.), Zhang Lan-xin (Ind.)
3. Items of permitted competitive behavior: Investing or operating businesses within the same or similar scope as the company.
4. Period of permission: 115/05/29~118/05/28
5. Resolution status: Passed by vote.
6. Mainland China business involvement: Director Lin Chuan-kai.
7. Name and position in Mainland China business: Kaiyang Optoelectronics (Suzhou) Co., Ltd., Chairman.
8. Address of Mainland China business: No. 1518, Yundong Avenue, Wujiang Economic and Technological Development Zone, Jiangsu Province.
9. Business items of Mainland China business: Production and sales of automotive infotainment devices and peripheral products.
10. Impact on company's financial operations: None.
11. Investment amount and shareholding ratio in Mainland China business: A 100% subsidiary of Kai Rui Holdings, in which the company holds a 19.76% stake.
12. Other notes: None.
FAQ
What business is Lin Chuan-kai involved in in mainland China?
He serves as Chairman of Kaiyang Optoelectronics (Suzhou), which manufactures automotive infotainment devices.
What are the key facts in this article?
SMC (2442) resolved at its shareholders' meeting on May 29, 115, to lift non-compete restrictions for its new directors, including Lin Chuan-chieh, Lin Chuan-kai, Hsu Chang-yi, Hsu Chih-ming, and independent directors Zhao Sheng, Zhu Kong-sheng, and Zhang Lan-xin. Lin Chuan-kai is permitted to serve as Chairman of Kaiyang Optoelectronics (Suzhou) in mainland China.
What is the direct answer?
SMC (2442) resolved at its shareholders' meeting on May 29, 115, to lift non-compete restrictions for its new directors, including Lin Chuan-chieh, Lin Chuan-kai, Hsu Chang-yi, Hsu Chih-ming, and independent directors Zhao Sheng, Zhu Kong-sheng, and Zhang Lan-xin. Lin Chuan-kai is permitted to serve as Chairman of Kaiyang Optoelectronics (Suzhou) in mainland China.