[Chao-Hui] Announcement of the Resolution of the 115th Shareholders' Meeting Regarding the Lifting of Non-Compete Restrictions for Directors
Chao-Hui Industry announced that its shareholders' meeting on May 29, 115, approved the lifting of non-compete restrictions for several directors, allowing them to hold concurrent positions in mainland China subsidiaries.
📋 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 18:34 (34h 34m after Collected)
1. Date of Shareholders' Meeting: 115/05/29. 2. Names and titles of directors permitted to engage in competitive activities: Lin Hao-Chen, Lin Shih-Yun, Lin Rui-Ze, Liu Shu-Mei, Huang Ruo-Ning, Lin Yi-Hong, and Independent Director Huang Heng-Jiang. 3. Items permitted: Concurrent directorships in companies with similar business scopes. 4. Duration: During their tenure as directors of the company. 5. Resolution status: Approved by shareholders. 6. Mainland China business details: Applicable. 7. Positions held: Directors/Supervisors in Changshu Fute Auto Parts, Liaoning Hetai Auto Parts, and Changjie Technology. 8. Locations: Changshu, Jiangsu; Tieling, Liaoning; Huaining, Anhui. 9. Business scope: Manufacturing and sales of automotive airbag covers and interior parts. 10. Financial impact: None. 11. Investment details: Liu Shu-Mei and Lin Rui-Ze hold minor investments. 12. Other: None.
FAQ
What is non-compete restriction?
A legal provision preventing directors from engaging in businesses that compete with the company.