Ruen Hwa Construction: Announcement of Approval to Lift Non-Compete Restrictions for Directors at the 2026 Annual Shareholders' Meeting
Ruen Hwa Construction (潤弘) announced that its annual shareholders' meeting on May 11, 2026, approved the lifting of non-compete restrictions for its directors. This allows directors to invest in or operate other companies with business scopes similar to or the same as Ruen Hwa Construction during their tenure.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 12, 2026 at 19:12 (11h 12m after Collected)
1. Date of resolution by shareholders' meeting: 2026/05/11
2. Names and titles of directors permitted to engage in non-compete activities:
Director Ruentex Innovation International Co., Ltd.
Director Ying Chia Investment Co., Ltd.
Director Ruen Hwa Dyeing & Weaving Factory Co., Ltd.
Director Hui Hung Investment Co., Ltd.
Director Ruentex Innovation International Co., Ltd. Representative: Lee Chih-Hung
Director Ying Chia Investment Co., Ltd. Representative: Mo Wei-Han
Director Ruen Hwa Dyeing & Weaving Factory Co., Ltd. Representative: Yin Chung-Yao
Director Ruentex Innovation International Co., Ltd. Representative: Chang Kun-Lung
Director Hui Hung Investment Co., Ltd. Representative: Chen Chih-Chuan
Director Hui Hung Investment Co., Ltd. Representative: Sun Hsiao-Mei
Independent Director Chen Ming-Chin
3. Items of permitted non-compete activities:
Due to the company's directors possibly investing in or operating other companies with business scopes similar to or the same as the company.
4. Period of permitted non-compete activities: During the tenure of serving as a director of the company.
5. Resolution status (please explain voting results according to Article 209 of the Company Act): Approved by a majority vote of shareholders present, representing more than two-thirds of the total issued shares.
6. Names and titles of directors if the permitted non-compete activity involves a business in mainland China (if not a mainland China business, please enter "N/A" below): N/A
7. Name and position of the company in mainland China: N/A
8. Address of the company in mainland China: N/A
9. Business scope of the company in mainland China: N/A
10. Impact on the company's financial and business operations: N/A
11. If directors have invested in the mainland China business, their investment amount and shareholding ratio: N/A
12. Other matters that need to be specified: None
2. Names and titles of directors permitted to engage in non-compete activities:
Director Ruentex Innovation International Co., Ltd.
Director Ying Chia Investment Co., Ltd.
Director Ruen Hwa Dyeing & Weaving Factory Co., Ltd.
Director Hui Hung Investment Co., Ltd.
Director Ruentex Innovation International Co., Ltd. Representative: Lee Chih-Hung
Director Ying Chia Investment Co., Ltd. Representative: Mo Wei-Han
Director Ruen Hwa Dyeing & Weaving Factory Co., Ltd. Representative: Yin Chung-Yao
Director Ruentex Innovation International Co., Ltd. Representative: Chang Kun-Lung
Director Hui Hung Investment Co., Ltd. Representative: Chen Chih-Chuan
Director Hui Hung Investment Co., Ltd. Representative: Sun Hsiao-Mei
Independent Director Chen Ming-Chin
3. Items of permitted non-compete activities:
Due to the company's directors possibly investing in or operating other companies with business scopes similar to or the same as the company.
4. Period of permitted non-compete activities: During the tenure of serving as a director of the company.
5. Resolution status (please explain voting results according to Article 209 of the Company Act): Approved by a majority vote of shareholders present, representing more than two-thirds of the total issued shares.
6. Names and titles of directors if the permitted non-compete activity involves a business in mainland China (if not a mainland China business, please enter "N/A" below): N/A
7. Name and position of the company in mainland China: N/A
8. Address of the company in mainland China: N/A
9. Business scope of the company in mainland China: N/A
10. Impact on the company's financial and business operations: N/A
11. If directors have invested in the mainland China business, their investment amount and shareholding ratio: N/A
12. Other matters that need to be specified: None