【Allion】Resolution of the 115th Annual General Meeting regarding the lifting of non-compete restrictions for directors
Allion approved the lifting of non-compete restrictions for its directors and independent directors at the annual general meeting on May 28, 115.
📋 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 18:43 (58h 43m after Collected)
1. Date of resolution: May 28, 115. 2. Directors involved: Wu Lian-xi, Shi Ting-ting, Chen Wu-xiong, Wu Jia-xiang, Wu Jun-wei, Zhang Min-lei, Wang Yin-tian, Zhan Chang-lin. 3. Scope: Business similar to the company's operations. 4. Duration: During their tenure as directors. 6. Mainland China operations: Wu Lian-xi and Chen Wu-xiong hold positions in subsidiaries in Kunshan and Dongguan. 10. Impact: None.
FAQ
Why is lifting non-compete restrictions necessary?
It is to mitigate legal risks when directors hold concurrent positions in other companies.