Where is Chew Wang Electric headquartered?

The company is headquartered at No. 399, Xingbang Road, Guishan District, Taoyuan City, Taiwan.

Does this resolution affect shareholders?

No direct financial impact, but it reflects governance flexibility and group strategy.

What are Chew Wang Electric's main products?

Automotive connectors and sensing modules for global vehicle manufacturers.

Are independent directors also permitted to compete?

Yes, all three independent directors are included, requiring strong oversight.

Is Chew Wang Electric a publicly listed company?

Yes, listed on the Taiwan Stock Exchange under ticker 2237.

Chew Wang Electric Announces Shareholders' Meeting Resolution to Lift Directors' Non-Competition Restrictions

Published Jun 23, 2026 9:00 AM ・ Updated Jun 24, 2026 6:36 PM ・ 3 min read ・ Source: PR Times

On June 23, 2026, Chew Wang Electric's 115th annual shareholders' meeting resolved to lift non-competition restrictions for several directors, permitting them to engage in businesses similar to the company's during their term. The move has no financial or operational impact.

1. Shareholders' meeting resolution date: 115/06/23

2. Names and titles of directors permitted to engage in competitive activities: - Director: Tsai Yu-Ching - Director: Tsai Chu-Lan - Director: Wei Cheng-Ku - Director: Pao Fu Investment Co., Ltd.; Representative: Tsai Yu-Cheng - Independent Director: Sheh Jih-Hsin - Independent Director: Hsu En-Teh - Independent Director: Wang Hsi-Fu

3. Permitted competitive activities: Business items identical to the company's scope of operations

4. Duration of permitted competitive activities: During the period of serving as director of the company

5. Resolution outcome (voting results under Company Act Article 209): Voting results confirmed the proposal was approved as submitted.

6. Directors engaging in competitive activities related to enterprises in Mainland China (enter "Not applicable" if not applicable): Not applicable

7. Company name and position held in such Mainland China enterprise: Not applicable

8. Address of such Mainland China enterprise: Not applicable

9. Business items of such Mainland China enterprise: Not applicable

10. Impact on the company's financial and business operations: None

11. If directors have invested in such Mainland China enterprises, investment amount and shareholding ratio: None

12. Other matters to be disclosed: None

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Source: PR Times
Category: News

Chew Wang Electric Announces Shareholders' Meeting Resolution to Lift Directors' Non-Competition Restrictions

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