[Yung Chi] Shareholders' Meeting Approved Lifting Non-Compete Restrictions for Directors

Key facts

  • [Yung Chi] Shareholders' Meeting Approved Lifting Non-Compete Restrictions for Directors
  • Yung Chi Paint & Varnish Mfg. Co., Ltd. announced that the shareholders' meeting approved the lifting of non-compete restrictions for its directors and independent directors. Zhang Deren and Zhang Desheng are permitted to hold positions at the Kunshan subsidiary.
  • Source: PR Times
  • Date: May 29, 2026

Direct answer

Yung Chi Paint & Varnish Mfg. Co., Ltd. announced that the shareholders' meeting approved the lifting of non-compete restrictions for its directors and independent directors. Zhang Deren and Zhang Desheng are permitted to hold positions at the Kunshan subsidiary.

Citation
[Yung Chi] Shareholders' Meeting Approved Lifting Non-Compete Restrictions for Directors (May 29, 2026), PR Times
Source
PR Times
Date
May 29, 2026
Yung Chi Paint & Varnish Mfg. Co., Ltd. announced that the shareholders' meeting approved the lifting of non-compete restrictions for its directors and independent directors. Zhang Deren and Zhang Desheng are permitted to hold positions at the Kunshan subsidiary.
businessNQ 49/100出典：PR Times

📋 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 18:27 (34h 27m after Collected)
1. Resolution date: 115/05/29. 2. Directors involved: Zhang Deren, Zhang Dexiong, Zhang Desheng, Wu Xiaoyan, Zhan Jinyi, Zhang Jincheng, Huang Minggong. 3. Scope: Investment or management of similar businesses. 4. Duration: Until resignation. 5. Resolution: Approved by over two-thirds attendance and majority vote. 6. Mainland China entity: Yung Chi Paint & Varnish (Kunshan) Co., Ltd. 7. Financial impact: 100% subsidiary, equity method applied.

FAQ

What is an Independent Director in Taiwan?

A director who maintains independence from management to provide objective oversight.

What are the key facts in this article?

Yung Chi Paint & Varnish Mfg. Co., Ltd. announced that the shareholders' meeting approved the lifting of non-compete restrictions for its directors and independent directors. Zhang Deren and Zhang Desheng are permitted to hold positions at the Kunshan subsidiary.

What is the direct answer?

Yung Chi Paint & Varnish Mfg. Co., Ltd. announced that the shareholders' meeting approved the lifting of non-compete restrictions for its directors and independent directors. Zhang Deren and Zhang Desheng are permitted to hold positions at the Kunshan subsidiary.

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