Yung Feng Co. Announces Shareholders' Meeting Resolution to Lift Non-Competition Restrictions for New Directors and Their Represented Legal Entities

Key facts

  • Yung Feng Co. Announces Shareholders' Meeting Resolution to Lift Non-Competition Restrictions for New Directors and Their Represented Legal Entities
  • Yung Feng Co. announced that its 115th annual shareholders' meeting passed a resolution to lift non-competition restrictions for newly appointed directors and their represented legal entities, allowing them to serve on boards of companies with similar business scopes, with no impact on the company's financial or operational performance.
  • Source: 臺灣證券交易所 TWSE
  • Date: June 24, 2026

Direct answer

Yung Feng Co. announced that its 115th annual shareholders' meeting passed a resolution to lift non-competition restrictions for newly appointed directors and their represented legal entities, allowing them to serve on boards of companies with similar business scopes, with no impact on the company's financial or operational performance.

Citation
Yung Feng Co. Announces Shareholders' Meeting Resolution to Lift Non-Competition Restrictions for New Directors and Their Represented Legal Entities (June 24, 2026), 臺灣證券交易所 TWSE
Source
臺灣證券交易所 TWSE
Date
June 24, 2026
Yung Feng Co. announced that its 115th annual shareholders' meeting passed a resolution to lift non-competition restrictions for newly appointed directors and their represented legal entities, allowing them to serve on boards of companies with similar business scopes, with no impact on the company's financial or operational performance.

📋 Article Processing Timeline

  • 📰 Published: June 24, 2026 at 09:00
  • 🔍 Collected: June 25, 2026 at 17:00 (32h 0m after Published)
  • 🤖 AI Analyzed: June 25, 2026 at 17:18 (17 min after Collected)
1. Shareholders' Meeting Resolution Date: June 24, 2026 (R.O.C. Year 115)

2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
Yung Feng Yü Investment Holding Co., Ltd. / Corporate Director
Yung Feng Yü Construction & Development Co., Ltd. / Corporate Director
Ho Yi-Ta / Director
Chen Ting-Chen / Director
Chen Pei-Wen / Director
Hsieh Hsiang-Ying / Director
Su Mei-Li / Independent Director
Lin Chih-Chien / Independent Director
Hsieh Wan-Chuan / Independent Director

3. Approved Competitive Activities: Serving as a director in companies with business scopes identical or similar to that of the company

4. Duration of Approved Competitive Activities: Throughout the period of serving as a director of the company

5. Resolution Outcome (Voting Results per Article 209 of the Company Act): Approved by voting

6. Directors Engaging in Competitive Activities Related to Mainland China-Based Businesses (Enter 'Not Applicable' if not applicable):
Ho Yi-Ta / Director
Chen Pei-Wen / Director
Hsieh Hsiang-Ying / Director

7. Mainland China-Based Companies and Positions Held:
Ho Yi-Ta:
Chairman, Yung Feng Yü Investment Co., Ltd.

Chen Pei-Wen:
Director, Yung Feng Yü Investment Co., Ltd.
Chairperson, Yung Feng Yü Home Products (Kunshan) Co., Ltd.
Chairperson, Yung Feng Yü Tissue Paper (Yangzhou) Co., Ltd.

Hsieh Hsiang-Ying:
Director, Yung Feng Yü Investment Co., Ltd.
Director, Yung Feng Yü Home Products (Kunshan) Co., Ltd.
Director, Yung Feng Yü Tissue Paper (Yangzhou) Co., Ltd.

8. Addresses of Mainland China-Based Companies:
Yung Feng Yü Investment Co., Ltd.:
Room 301, 3rd Floor, Honghui Xinhui Park, No. 4718-6 Gonghexin Road, Jing'an District, Shanghai

Yung Feng Yü Home Products (Kunshan) Co., Ltd.:
No. 999, Yongfengyu Road, Yushan Town, Kunshan City, Jiangsu Province

Yung Feng Yü Tissue Paper (Yangzhou) Co., Ltd.:
No. 168, Chunjiang Road, Yangzhou Economic Development Zone, Jiangsu Province

9. Business Activities of Mainland China-Based Companies:
Yung Feng Yü Investment Co., Ltd.: General investment business and paper product trading
Yung Feng Yü Home Products (Kunshan) Co., Ltd.: Manufacturing and sales of toilet paper, paper towels, and paper napkins
Yung Feng Yü Tissue Paper (Yangzhou) Co., Ltd.: Manufacturing and sales of toilet paper, paper towels, and paper napkins

10. Impact on the Company's Financial and Business Operations: None

11. Directors' Investment Amounts and Shareholding Ratios in Mainland China-Based Businesses (if any): None

12. Other Matters to be Disclosed: None

FAQ

What kind of company is Yung Feng Co.?

It is the holding company of the Yung Feng Yü Group, overseeing paper and tissue manufacturing.

What does lifting non-compete mean?

Directors can now serve on boards of similar businesses within the group.

How is it related to mainland China operations?

Several directors hold key positions in Kunshan and Yangzhou subsidiaries.