[RichWave] Announcement of Resolution to Lift Non-Compete Restrictions for Directors
Key facts
- [RichWave] Announcement of Resolution to Lift Non-Compete Restrictions for Directors
- RichWave held its Annual General Meeting on May 28, 115, and approved the removal of non-compete restrictions for independent directors Zhu Shang-zu, Ma Jia-ying, and Lu Wen-xiang. This allows them to serve as directors in companies with similar business scopes.
- Source: PR Times
- Date: May 28, 2026
Direct answer
RichWave held its Annual General Meeting on May 28, 115, and approved the removal of non-compete restrictions for independent directors Zhu Shang-zu, Ma Jia-ying, and Lu Wen-xiang. This allows them to serve as directors in companies with similar business scopes.
- Citation
- [RichWave] Announcement of Resolution to Lift Non-Compete Restrictions for Directors (May 28, 2026), PR Times
- Source
- PR Times
- Date
- May 28, 2026
RichWave held its Annual General Meeting on May 28, 115, and approved the removal of non-compete restrictions for independent directors Zhu Shang-zu, Ma Jia-ying, and Lu Wen-xiang. This allows them to serve as directors in companies with similar business scopes.
📋 Article Processing Timeline
- 📰 Published: May 28, 2026 at 09:00
- 🔍 Collected: May 29, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:44 (58h 44m after Collected)
2. Names and titles of directors permitted to engage in competitive behavior: (1) Independent Director: Zhu Shang-zu, (2) Independent Director: Ma Jia-ying, (3) Independent Director: Lu Wen-xiang
3. Items of permitted competitive behavior: Investing in or operating companies with the same or similar business scope and serving as directors.
4. Period of permission: During the tenure as a director of the Company.
5. Resolution status: Approved by more than two-thirds of the voting rights of the shareholders present, representing more than half of the total issued shares.
6. Mainland China business: Not applicable.
7. Other matters: None.
FAQ
Can RichWave's independent directors serve on other boards?
Yes, the non-compete restriction was lifted by the shareholders' meeting, allowing them to serve as directors in similar companies.
What are the key facts in this article?
RichWave held its Annual General Meeting on May 28, 115, and approved the removal of non-compete restrictions for independent directors Zhu Shang-zu, Ma Jia-ying, and Lu Wen-xiang. This allows them to serve as directors in companies with similar business scopes.
What is the direct answer?
RichWave held its Annual General Meeting on May 28, 115, and approved the removal of non-compete restrictions for independent directors Zhu Shang-zu, Ma Jia-ying, and Lu Wen-xiang. This allows them to serve as directors in companies with similar business scopes.