[Alpha Networks] Board Resolution on Waiving Non-compete Restrictions for New Managers
The Board of Directors of Alpha Networks resolved to waive non-compete restrictions for CEO Li Liang-hsiang and General Manager Jian Ming-lin. Mr. Jian is also authorized to hold concurrent positions in Chinese affiliates, with no material impact on financial or operational conditions.
📋 Article Processing Timeline
- 📰 Published: June 4, 2026 at 09:00
- 🔍 Collected: June 5, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 7, 2026 at 05:26 (45h 25m after Collected)
1. Date of Board Resolution: June 4, 2026
2. Names and Titles of Managers Permitted to Engage in Competitive Activities:
(1) Li Liang-hsiang, CEO
(2) Jian Ming-lin, General Manager
3. Scope of Permitted Competitive Activities: Enterprises engaging in similar businesses to the company
4. Period of Permitted Competitive Activities: During the tenure as a company manager
5. Resolution Status (Explanation of voting results in accordance with Article 32 of the Company Act):
Passed by unanimous vote of all attending directors
6. Names and Titles of Managers engaging in competitive activities belonging to business in the Mainland China area (If not applicable, please enter "N/A"):
Jian Ming-lin, General Manager
7. Company Names and Positions held in the Mainland China area:
(1) Ming Rui Electronics (Chengdu) Co., Ltd. - Corporate Executive Director Representative
(2) Alpha Networks (Changshu) Co., Ltd. - Corporate Director Representative
(3) Alpha Networks Trading (Changshu) Co., Ltd. - Corporate Chairman Representative
8. Addresses of the businesses in the Mainland China area:
(1) No. 168, Guangfu Road, Chengdu Industrial Concentration Development Zone (East Zone), Qingyang District, Chengdu, Sichuan Province
(2) No. 6, Yintong Road, High-tech Industrial Development Zone, Changshu, Jiangsu Province
(3) No. 6, Yintong Road, High-tech Industrial Development Zone, Changshu, Jiangsu Province
9. Business scope of the Mainland China entities:
(1) Networking product R&D and design services
(2) Networking product production and sales
(3) Networking product production and sales
10. Impact on the company's financial and business operations: No material impact
11. Investment amount and shareholding ratio if the manager has invested in the Mainland China business: N/A
12. Other matters to be stated: None
2. Names and Titles of Managers Permitted to Engage in Competitive Activities:
(1) Li Liang-hsiang, CEO
(2) Jian Ming-lin, General Manager
3. Scope of Permitted Competitive Activities: Enterprises engaging in similar businesses to the company
4. Period of Permitted Competitive Activities: During the tenure as a company manager
5. Resolution Status (Explanation of voting results in accordance with Article 32 of the Company Act):
Passed by unanimous vote of all attending directors
6. Names and Titles of Managers engaging in competitive activities belonging to business in the Mainland China area (If not applicable, please enter "N/A"):
Jian Ming-lin, General Manager
7. Company Names and Positions held in the Mainland China area:
(1) Ming Rui Electronics (Chengdu) Co., Ltd. - Corporate Executive Director Representative
(2) Alpha Networks (Changshu) Co., Ltd. - Corporate Director Representative
(3) Alpha Networks Trading (Changshu) Co., Ltd. - Corporate Chairman Representative
8. Addresses of the businesses in the Mainland China area:
(1) No. 168, Guangfu Road, Chengdu Industrial Concentration Development Zone (East Zone), Qingyang District, Chengdu, Sichuan Province
(2) No. 6, Yintong Road, High-tech Industrial Development Zone, Changshu, Jiangsu Province
(3) No. 6, Yintong Road, High-tech Industrial Development Zone, Changshu, Jiangsu Province
9. Business scope of the Mainland China entities:
(1) Networking product R&D and design services
(2) Networking product production and sales
(3) Networking product production and sales
10. Impact on the company's financial and business operations: No material impact
11. Investment amount and shareholding ratio if the manager has invested in the Mainland China business: N/A
12. Other matters to be stated: None
FAQ
What does this resolution by Alpha Networks allow?
It waives the non-compete restrictions for the CEO and General Manager, allowing them to hold concurrent positions in Chinese affiliates.
Does this resolution have any financial impact?
According to the company, there is no significant impact on its financial or operational status.
What positions will Mr. Jian Minglin hold?
He will serve as a legal representative and board director for Alpha Networks' Chinese entities in Chengdu and Changshu.