【Chicony Power】Announcement of AGM Resolution to Lift Non-Compete Restrictions for Directors
Key facts
- 【Chicony Power】Announcement of AGM Resolution to Lift Non-Compete Restrictions for Directors
- Chicony Power resolved at its May 26, 2026, AGM to lift non-compete restrictions for its directors and independent directors. The disclosure includes dual roles held by directors such as Lu Chin-tsung and Tseng Kuo-hua in Mainland China subsidiaries.
- Source: PR Times
- Date: May 26, 2026
Direct answer
Chicony Power resolved at its May 26, 2026, AGM to lift non-compete restrictions for its directors and independent directors. The disclosure includes dual roles held by directors such as Lu Chin-tsung and Tseng Kuo-hua in Mainland China subsidiaries.
- Citation
- 【Chicony Power】Announcement of AGM Resolution to Lift Non-Compete Restrictions for Directors (May 26, 2026), PR Times
- Source
- PR Times
- Date
- May 26, 2026
Chicony Power resolved at its May 26, 2026, AGM to lift non-compete restrictions for its directors and independent directors. The disclosure includes dual roles held by directors such as Lu Chin-tsung and Tseng Kuo-hua 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 19:26 (107h 25m after Collected)
2. Name and title of directors permitted to engage in competitive behavior: Directors: Lu Chin-tsung, Huang Yueh-chao, Tseng Kuo-hua, Li Tzu-ching. Independent Directors: Hung Ching-shan, Sun Ching-feng, Lai Yen-sheng.
3. Items of permitted competitive behavior: Limited to those not detrimental to the company's interests.
4. Period of permission: During the term of office as a director.
5. Resolution status (Voting results per Article 209 of the Company Act): Approved at the AGM on May 26, 2026, provided it does not harm the company's interests.
6. If the competitive behavior involves business in Mainland China: Lu Chin-tsung and Tseng Kuo-hua.
7. Name and position in the Mainland China business: Lu Chin-tsung (Director/GM of Chicony Electronics (Dongguan), etc.), Tseng Kuo-hua (Chairman/GM of Chicony Power (Suzhou), etc.).
8. Address of the Mainland China business: Dongguan, Guangdong; Suzhou, Jiangsu, etc.
9. Business items of the Mainland China business: Manufacturing and sales of computer peripherals, power supplies, LED products, etc.
10. Impact on the company's financial and business operations: None.
11. Investment amount and shareholding ratio in the Mainland China business: None.
12. Other matters: None.
FAQ
What are the main roles held by Chicony Power directors in China?
Positions such as Director or General Manager at subsidiaries like Chicony Electronics (Dongguan) and Chicony Power (Suzhou).
What are the key facts in this article?
Chicony Power resolved at its May 26, 2026, AGM to lift non-compete restrictions for its directors and independent directors. The disclosure includes dual roles held by directors such as Lu Chin-tsung and Tseng Kuo-hua in Mainland China subsidiaries.
What is the direct answer?
Chicony Power resolved at its May 26, 2026, AGM to lift non-compete restrictions for its directors and independent directors. The disclosure includes dual roles held by directors such as Lu Chin-tsung and Tseng Kuo-hua in Mainland China subsidiaries.