CHENG YU-FENG - KY Announces Board Resolution to Waive Non-Compete Restriction for Manager
CHENG YU-FENG - KY announced that its Board of Directors resolved to waive the non-compete restriction for Vice General Manager Cheng Yu-Feng, allowing him to engage in competitive activities as long as they do not harm the company's interests.
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 09:00
- 🔍 Collected: May 13, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 09:37 (1h 37m after Collected)
1. Date of board resolution: 2026/05/12
2. Name and title of manager permitted to engage in competitive activities: Cheng Yu-Feng / Vice General Manager of this company
3. Items permitted for competitive activities: Limited to activities that do not harm the interests of this company
4. Period permitted for competitive activities: During the period of serving as a manager of this company
5. Resolution status (Please explain the voting results in accordance with Article 32 of the Company Act): Approved with the consent of all attending directors after inquiry by the chairman
6. If the permitted competitive activities involve operations in mainland China, name and title of the manager (If not operations in mainland China, please enter "Not applicable" below): Not applicable
7. Name of the company and position held in the mainland China business: Yangzhou Hongyang Technology Development Co., Ltd. / Deputy General Manager of Management Department and Director
8. Address of the mainland China business: Yangzhou Hongyang Technology / No. 5, Weichai Avenue, Beishan Industrial Park, Hwaisi Town, Hanjiang District, Yangzhou City, Jiangsu Province
9. Business scope of the mainland China business: Yangzhou Hongyang Technology: Chip, wafer production and sales, and R&D, design, production and sales of rectifier diodes
10. Degree of impact on the company's financial and business operations: None
11. If the manager invests in the mainland China business, the investment amount and shareholding ratio: Not applicable
12. Other matters to be specified: None
Keywords: Material Information
2. Name and title of manager permitted to engage in competitive activities: Cheng Yu-Feng / Vice General Manager of this company
3. Items permitted for competitive activities: Limited to activities that do not harm the interests of this company
4. Period permitted for competitive activities: During the period of serving as a manager of this company
5. Resolution status (Please explain the voting results in accordance with Article 32 of the Company Act): Approved with the consent of all attending directors after inquiry by the chairman
6. If the permitted competitive activities involve operations in mainland China, name and title of the manager (If not operations in mainland China, please enter "Not applicable" below): Not applicable
7. Name of the company and position held in the mainland China business: Yangzhou Hongyang Technology Development Co., Ltd. / Deputy General Manager of Management Department and Director
8. Address of the mainland China business: Yangzhou Hongyang Technology / No. 5, Weichai Avenue, Beishan Industrial Park, Hwaisi Town, Hanjiang District, Yangzhou City, Jiangsu Province
9. Business scope of the mainland China business: Yangzhou Hongyang Technology: Chip, wafer production and sales, and R&D, design, production and sales of rectifier diodes
10. Degree of impact on the company's financial and business operations: None
11. If the manager invests in the mainland China business, the investment amount and shareholding ratio: Not applicable
12. Other matters to be specified: None
Keywords: Material Information