Chun-An Announces Resolution from 115th Annual Shareholders' Meeting to Lift Non-Competition Restrictions for Newly Appointed Directors and Their Representatives
Key facts
- Chun-An Announces Resolution from 115th Annual Shareholders' Meeting to Lift Non-Competition Restrictions for Newly Appointed Directors and Their Representatives
- Chun-An's 115th annual shareholders' meeting resolved to lift non-competition restrictions for certain directors and their representatives, permitting them to engage in similar business activities during their tenure, provided no harm to the company's interests occurs.
- Source: PR Times
- Date: June 26, 2026
Direct answer
Chun-An's 115th annual shareholders' meeting resolved to lift non-competition restrictions for certain directors and their representatives, permitting them to engage in similar business activities during their tenure, provided no harm to the company's interests occurs.
- Citation
- Chun-An Announces Resolution from 115th Annual Shareholders' Meeting to Lift Non-Competition Restrictions for Newly Appointed Directors and Their Representatives (June 26, 2026), PR Times
- Source
- PR Times
- Date
- June 26, 2026
Chun-An's 115th annual shareholders' meeting resolved to lift non-competition restrictions for certain directors and their representatives, permitting them to engage in similar business activities during their tenure, provided no harm to the company's interests occurs.
📋 Article Processing Timeline
- 📰 Published: June 26, 2026 at 09:00
- 🔍 Collected: June 27, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 27, 2026 at 18:08 (1h 8m after Collected)
1. Date of Shareholders' Meeting Resolution: 115/06/26
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
(1) Individual Director - Qin Rong-Hua
(2) Individual Director - Chen Shi-Chang
(3) Individual Director - Zhang Rong-De
(4) Corporate Director - Mindai International Co., Ltd. Representative: Qiu Sen-Ying
(5) Corporate Director - Mindai International Co., Ltd. Representative: TOMOYUKI YAMADA
(6) Corporate Director - Zhijia Investment Co., Ltd. Representative: Ye Pei-Cheng
(7) Corporate Director - Cino Electronics Co., Ltd. Representative: Lu Jin-Zong
(8) Independent Director - Zheng Wen-Rong
(9) Independent Director - Dai Sheng-Gong
(10) Independent Director - Li Guo-Fei
(11) Independent Director - Deng Fu-Ji
3. Permitted Competitive Activities:
Investing in or operating other companies with business scopes identical or similar to the Company’s, and serving as directors or managers, provided that such activities do not harm the Company’s interests.
4. Duration of Permission for Competitive Activities: During the period of serving as a director of the Company.
5. Voting Outcome (as required by Article 209 of the Company Act): The resolution was approved as proposed.
6. Directors Engaged in Competitive Activities Related to Mainland China-Based Businesses (Enter "Not Applicable" if none):
Corporate Director - Cino Electronics Co., Ltd. Representative: Lu Jin-Zong
Independent Director - Li Guo-Fei
Independent Director - Deng Fu-Ji
7. Company Names and Positions Held in Mainland China-Based Businesses:
Director / Guangsheng Electronics (Nanchang) Co., Ltd.
Director / Cino Power Technology (Dongguan) Co., Ltd.
Director / Cino Power Technology (Suzhou) Co., Ltd.
Director / Cino Power Technology (Chongqing) Co., Ltd.
Director / Cino Energy-Saving Technology Service (Shanghai) Co., Ltd.
Chairman / Zhanda Communications (Suzhou) Co., Ltd.
General Manager / Zhejiang Shibor Holding Group Co., Ltd.
Corporate Representative / Wuxi OrangeCore Microelectronics Technology Co., Ltd.
8. Business Addresses in Mainland China:
Guangsheng Electronics (Nanchang) Co., Ltd. / North of Torch 2nd Road, Nanchang High-Tech Zone, Jiangxi Province, China
Cino Power Technology (Dongguan) Co., Ltd. / Xincheng Technology Industrial Park, Liaobu Town, Dongguan City, Guangdong Province, China
Cino Power Technology (Suzhou) Co., Ltd. / No. 2379 Zhongshan North Road, Songling Town, Wujiang City, Jiangsu Province, China
Cino Power Technology (Chongqing) Co., Ltd. / No. 18 Jiujiang Avenue, Shuangfu Subdistrict Office, Jiangjin District, Chongqing, China
Cino Energy-Saving Technology Service (Shanghai) Co., Ltd. / Room 1702, No. 1600 Zhongshan West Road, Xuhui District, Shanghai, China
Zhanda Communications (Suzhou) Co., Ltd. / No. 108 Huahong Road, Wujiang Economic & Technological Development Zone, Jiangsu Province, China
Zhejiang Shibor Holding Group Co., Ltd. / No. 555 Jiashan Avenue, Luoxing Subdistrict, Jiashan County, Jiaxing City, Zhejiang Province, China
Wuxi OrangeCore Microelectronics Technology Co., Ltd. / 2nd Floor, Room 202-34, Building A10, No. 777 Jianzhu West Road, Wuxi City, China
9. Business Activities of the Mainland China-Based Entities:
Manufacturing and sales of computer peripheral components, various plastic computer parts, power supplies and related electronic products, sales and engineering of communication products, switching power supplies, LED lighting and other green energy products, design and trading of computers and computer peripherals, video surveillance equipment, professional design and manufacturing of magnetic components, manufacturing and sales of network communication products, environmental protection and energy-saving green products and services, holding company services, and R&D related to microelectronics technology.
10. Impact on the Company's Financial and Business Operations: None
11. If any director has invested in the said Mainland China-based businesses, the investment amount and shareholding ratio: None
12. Other Matters to be Disclosed: None
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
(1) Individual Director - Qin Rong-Hua
(2) Individual Director - Chen Shi-Chang
(3) Individual Director - Zhang Rong-De
(4) Corporate Director - Mindai International Co., Ltd. Representative: Qiu Sen-Ying
(5) Corporate Director - Mindai International Co., Ltd. Representative: TOMOYUKI YAMADA
(6) Corporate Director - Zhijia Investment Co., Ltd. Representative: Ye Pei-Cheng
(7) Corporate Director - Cino Electronics Co., Ltd. Representative: Lu Jin-Zong
(8) Independent Director - Zheng Wen-Rong
(9) Independent Director - Dai Sheng-Gong
(10) Independent Director - Li Guo-Fei
(11) Independent Director - Deng Fu-Ji
3. Permitted Competitive Activities:
Investing in or operating other companies with business scopes identical or similar to the Company’s, and serving as directors or managers, provided that such activities do not harm the Company’s interests.
4. Duration of Permission for Competitive Activities: During the period of serving as a director of the Company.
5. Voting Outcome (as required by Article 209 of the Company Act): The resolution was approved as proposed.
6. Directors Engaged in Competitive Activities Related to Mainland China-Based Businesses (Enter "Not Applicable" if none):
Corporate Director - Cino Electronics Co., Ltd. Representative: Lu Jin-Zong
Independent Director - Li Guo-Fei
Independent Director - Deng Fu-Ji
7. Company Names and Positions Held in Mainland China-Based Businesses:
Director / Guangsheng Electronics (Nanchang) Co., Ltd.
Director / Cino Power Technology (Dongguan) Co., Ltd.
Director / Cino Power Technology (Suzhou) Co., Ltd.
Director / Cino Power Technology (Chongqing) Co., Ltd.
Director / Cino Energy-Saving Technology Service (Shanghai) Co., Ltd.
Chairman / Zhanda Communications (Suzhou) Co., Ltd.
General Manager / Zhejiang Shibor Holding Group Co., Ltd.
Corporate Representative / Wuxi OrangeCore Microelectronics Technology Co., Ltd.
8. Business Addresses in Mainland China:
Guangsheng Electronics (Nanchang) Co., Ltd. / North of Torch 2nd Road, Nanchang High-Tech Zone, Jiangxi Province, China
Cino Power Technology (Dongguan) Co., Ltd. / Xincheng Technology Industrial Park, Liaobu Town, Dongguan City, Guangdong Province, China
Cino Power Technology (Suzhou) Co., Ltd. / No. 2379 Zhongshan North Road, Songling Town, Wujiang City, Jiangsu Province, China
Cino Power Technology (Chongqing) Co., Ltd. / No. 18 Jiujiang Avenue, Shuangfu Subdistrict Office, Jiangjin District, Chongqing, China
Cino Energy-Saving Technology Service (Shanghai) Co., Ltd. / Room 1702, No. 1600 Zhongshan West Road, Xuhui District, Shanghai, China
Zhanda Communications (Suzhou) Co., Ltd. / No. 108 Huahong Road, Wujiang Economic & Technological Development Zone, Jiangsu Province, China
Zhejiang Shibor Holding Group Co., Ltd. / No. 555 Jiashan Avenue, Luoxing Subdistrict, Jiashan County, Jiaxing City, Zhejiang Province, China
Wuxi OrangeCore Microelectronics Technology Co., Ltd. / 2nd Floor, Room 202-34, Building A10, No. 777 Jianzhu West Road, Wuxi City, China
9. Business Activities of the Mainland China-Based Entities:
Manufacturing and sales of computer peripheral components, various plastic computer parts, power supplies and related electronic products, sales and engineering of communication products, switching power supplies, LED lighting and other green energy products, design and trading of computers and computer peripherals, video surveillance equipment, professional design and manufacturing of magnetic components, manufacturing and sales of network communication products, environmental protection and energy-saving green products and services, holding company services, and R&D related to microelectronics technology.
10. Impact on the Company's Financial and Business Operations: None
11. If any director has invested in the said Mainland China-based businesses, the investment amount and shareholding ratio: None
12. Other Matters to be Disclosed: None
FAQ
Why did Chun-An lift the non-compete restrictions?
To enhance managerial flexibility and strengthen synergies across affiliated firms.
Does this affect Chun-An's financial performance?
The company states there is no impact on its financial or business operations.
Which mainland China companies are involved?
Cino Power Technology, Guangsheng Electronics, Zhanda Communications, and others.