[CyberPower] Announcement of Shareholder Approval for Removal of Non-Compete Restrictions for Directors
CyberPower's shareholders approved the removal of non-compete restrictions for several directors on May 26, 115, allowing them to hold concurrent positions in mainland China subsidiaries.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 09:00
- 🔍 Collected: May 27, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:21 (107h 21m after Collected)
1. Resolution date: 115/05/26. 2. Directors: Guo Jin, He Lianxun, Li Jianjin, Wang Jinyan, Lin Rongle, Chen Shuhan. 3. Scope: Acts within the company's business scope. 4. Period: During their tenure. 5. Resolution: Approved by over 2/3 of shareholders present. 6-9. Mainland China entities: Includes positions at Shuo Da Electronics, Shuo Qing Energy, etc. 10. Financial impact: None. 11. Investment: None.
FAQ
Why is the removal of non-compete restrictions necessary?
To legally permit directors to hold concurrent positions in group subsidiaries.