[Hui Sheng-Chuang] Notice of Shareholder Meeting Resolution on Waiving Non-compete Restrictions for New Directors and Representatives
On May 21, 2026, Hui Sheng-Chuang held a shareholder meeting and approved the resolution to waive non-compete restrictions for newly appointed corporate and independent directors.
📋 Article Processing Timeline
- 📰 Published: May 21, 2026 at 09:00
- 🔍 Collected: May 22, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 22, 2026 at 09:12 (1h 12m after Collected)
1. Date of Shareholder Meeting Resolution: May 21, 2026
2. Name and Title of Directors Permitted to Engage in Competitive Behavior:
Corporate Director: Ki-Cheng Technology Co., Ltd.
Representative of Corporate Director: Mr. Jiang Shao-Jie
Independent Director: Mr. Yan Meng-Feng
Independent Director: Ms. Huang Hui-Ling
3. Scope of Permitted Competitive Behavior:
Pursuant to Article 209, Paragraph 1 of the Company Act, directors may engage in actions within the company's scope of business for themselves or on behalf of others.
4. Period of Permitted Competitive Behavior:
During the period of holding the position of director (including independent director) of the company.
5. Voting Status:
Passed with the attendance of at least two-thirds of the total issued shares and the consent of a majority of the present shareholders.
6. Information regarding Mainland China business: Not applicable.
7. Other important items: None.
2. Name and Title of Directors Permitted to Engage in Competitive Behavior:
Corporate Director: Ki-Cheng Technology Co., Ltd.
Representative of Corporate Director: Mr. Jiang Shao-Jie
Independent Director: Mr. Yan Meng-Feng
Independent Director: Ms. Huang Hui-Ling
3. Scope of Permitted Competitive Behavior:
Pursuant to Article 209, Paragraph 1 of the Company Act, directors may engage in actions within the company's scope of business for themselves or on behalf of others.
4. Period of Permitted Competitive Behavior:
During the period of holding the position of director (including independent director) of the company.
5. Voting Status:
Passed with the attendance of at least two-thirds of the total issued shares and the consent of a majority of the present shareholders.
6. Information regarding Mainland China business: Not applicable.
7. Other important items: None.
FAQ
Why is it necessary to waive non-compete restrictions for directors?
According to the Company Act, if a director holds concurrent positions in competing companies, shareholder approval is mandatory to prevent conflicts of interest.
What conditions were required for this resolution?
Attendance of at least two-thirds of total issued shares and a majority vote of those present were required.
Is this procedure required for all directors?
It is an essential procedure for directors planning competitive activities or those maintaining independence, such as independent directors.