Xinxin-KY Announces Shareholders' Meeting Resolution to Lift Non-Compete Restrictions for Directors
Key facts
- Xinxin-KY Announces Shareholders' Meeting Resolution to Lift Non-Compete Restrictions for Directors
- On June 26, 2026, Xinxin-KY's shareholders' meeting resolved to lift non-compete restrictions for newly appointed directors, including independent directors. The resolution applies to four representative directors from Foxconn (Far East) Limited and three independent directors.
- Source: PR Times
- Date: June 26, 2026
Direct answer
On June 26, 2026, Xinxin-KY's shareholders' meeting resolved to lift non-compete restrictions for newly appointed directors, including independent directors. The resolution applies to four representative directors from Foxconn (Far East) Limited and three independent directors.
- Citation
- Xinxin-KY Announces Shareholders' Meeting Resolution to Lift Non-Compete Restrictions for Directors (June 26, 2026), PR Times
- Source
- PR Times
- Date
- June 26, 2026
On June 26, 2026, Xinxin-KY's shareholders' meeting resolved to lift non-compete restrictions for newly appointed directors, including independent directors. The resolution applies to four representative directors from Foxconn (Far East) Limited and three independent directors.
📋 Article Processing Timeline
- 📰 Published: June 26, 2026 at 09:00
- 🔍 Collected: June 27, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 27, 2026 at 18:04 (1h 4m after Collected)
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
(1) Corporate Director: Foxconn (Far East) Limited Representative: Chiang Shang-I
(2) Corporate Director: Foxconn (Far East) Limited Representative: Hsu Wen-Yi
(3) Corporate Director: Foxconn (Far East) Limited Representative: Huang Ying-Shih
(4) Corporate Director: Foxconn (Far East) Limited Representative: Chen Wei-Ming
(5) Independent Director: Ting Hung-Hsun
(6) Independent Director: Tso Ta-Chuan
(7) Independent Director: Chang Mei-Ling
3. Permitted Competitive Activities:
Positions in other companies whose business scope is identical or similar to that of the company.
4. Duration of Permitted Competitive Activities:
During the tenure as director of the company.
5. Resolution Outcome (Voting Results as per Article 209 of the Company Act):
The chairperson consulted all attending shareholders, and the resolution to lift non-compete restrictions for newly appointed directors (including independent directors) was approved.
6. Directors Engaging in Competitive Activities Related to Businesses in Mainland China (Enter 'Not Applicable' if not applicable): Not Applicable.
7. Company Name and Position Held in Such Mainland China Business: Not Applicable.
8. Address of Such Mainland China Business: Not Applicable.
9. Business Scope of Such Mainland China Business: Not Applicable.
10. Impact on the Company's Financial and Business Performance: Not Applicable.
11. If Directors Have Invested in Such Mainland China Business, Investment Amount and Shareholding Ratio: Not Applicable.
12. Other Matters to Be Disclosed: None.
FAQ
What was decided at Xinxin-KY's shareholder meeting?
The resolution lifted non-compete restrictions for newly appointed directors, allowing them to engage in similar businesses during their term.
Who are the directors affected by this resolution?
Four representative directors from Foxconn (Far East) Limited and three independent directors are affected.
What is the scope of permitted competitive activities?
Activities in businesses similar to or identical with the company's operations. Not applicable to mainland China businesses.
Does this decision impact the company's finances?
Currently, there is no applicable financial or operational impact stated.
Why was this resolution made?
To enable flexible talent deployment within the corporate group and enhance management efficiency.