[Uni-President] Announcement of Shareholders' Meeting Resolution on Lifting Non-Compete Restrictions for Directors
Uni-President Enterprises held its annual shareholders' meeting on May 28, 115, resolving to lift non-compete restrictions for Director Huang Rui-dian and Independent Directors Zhang Ming-hui and Chen Jun-ren. The move allows them to hold concurrent roles in China-based subsidiaries. The company stated there is no material impact on its financial operations.
📋 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 18:42 (58h 42m after Collected)
1. Date of resolution: 115/05/28. 2. Names and titles of directors permitted to engage in competitive activities: Director Huang Rui-dian (representative of Gaoquan Investment), Independent Directors Zhang Ming-hui and Chen Jun-ren. 3. Scope of permitted activities: Business items identical to the company's scope. 4. Duration: During their tenure as directors. 5. Resolution status: Passed as proposed in accordance with Article 209 of the Company Act. 6. Directors involved in mainland China business: Director Huang Rui-dian. 7. Titles in mainland China entities: Director of Uni-President (Shanghai) Convenience Store, etc. 8. Addresses of mainland China entities: Shanghai, Zhejiang, and Jiangsu provinces. 9. Business scope in mainland China: Convenience stores, retail, oil processing, warehousing, and consulting. 10. Financial impact: None. 11. Investment amount/shareholding: None. 12. Other: None.
FAQ
What is a non-compete clause?
A legal restriction preventing directors from engaging in businesses that compete with the company.