[Luoli-Fen KY] Announcement of Shareholders' Meeting Resolution on Lifting Non-Compete Restrictions for Directors
Luoli-Fen KY passed a resolution at its annual shareholders' meeting on May 29, 2026, to lift non-compete restrictions for several directors, including Mr. Rao Huan-Wen, who serves as an executive at Zhangzhou Cape Bio-Technology Co., Ltd.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 09:00
- 🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:25 (34h 25m after Collected)
1. Date of resolution: 115/05/29. 2. Directors granted permission: Jia Dai International (Luo Li-Fen), Fu Da (HK) (Rao Huan-Wen), He Shi-Jun, Chen Shu-Fen, Wang Guo-Cheng, Xiao Yu-Ren, Zhuang Qian-You. 3. Scope: Acts within the company's business scope. 4. Duration: During tenure. 5. Resolution status: Passed by over 2/3 attendance and majority vote. 6. Mainland China business: Fu Da (HK) (Rao Huan-Wen). 7. Position: Executive Director and GM at Zhangzhou Cape Bio-Technology. 8. Address: Zhangzhou Taiwan Merchant Investment Zone. 9. Business: Food manufacturing. 10. Financial impact: None. 11. Investment: $70,000 USD (20% stake). 12. Other: None.
FAQ
What is a non-compete waiver?
It allows directors to hold positions in other companies that might compete.