In-Tech (2429.TW) Announces Automatic Dismissal of Corporate Director Due to Share Transfer
In-Tech announced that its corporate director, Chen Ling Biotechnology Co., Ltd., has been automatically dismissed as of May 18, 2026. According to the Company Act, the dismissal occurred because the director transferred more than half of the company shares it held at the time of election. This change represents 1/7 of the board members in the same term.
📋 Article Processing Timeline
- 📰 Published: May 18, 2026 at 09:00
- 🔍 Collected: May 19, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 19, 2026 at 08:02 (2 min after Collected)
1. Date of change: 2026/05/18
2. Title and name of the previous position holder: Corporate Director: Chen Ling Biotechnology Co., Ltd., Representative: Huang, Hui-Chieh
3. Resume of the previous position holder: Representative: Huang, Hui-Chieh/Chairman of Chen Ling Biotechnology Co., Ltd.
4. Title and name of the new position holder: N/A
5. Resume of the new position holder: N/A
6. Reason for the change: Dismissal
7. Reason for the change: During the term of office, transferred more than half of the company's shares held at the time of election, resulting in automatic dismissal according to the Company Act.
8. Number of shares held by the new appointee at the time of appointment: N/A
9. Original term of office: 2025/06/13 ~ 2028/06/12
10. Effective date of the new appointment: N/A
11. Ratio of directors changed during the same term: 1/7
12. Ratio of independent directors changed during the same term: N/A
13. Ratio of supervisors changed during the same term: N/A
14. Whether one-third or more of the directors have changed: No
15. Other items to be specified: The Company received a resignation letter from the corporate director, Chen Ling Biotechnology Co., Ltd., on May 18, 2026. The corporate director resigned from the board effective May 18, 2026, due to a busy schedule.
2. Title and name of the previous position holder: Corporate Director: Chen Ling Biotechnology Co., Ltd., Representative: Huang, Hui-Chieh
3. Resume of the previous position holder: Representative: Huang, Hui-Chieh/Chairman of Chen Ling Biotechnology Co., Ltd.
4. Title and name of the new position holder: N/A
5. Resume of the new position holder: N/A
6. Reason for the change: Dismissal
7. Reason for the change: During the term of office, transferred more than half of the company's shares held at the time of election, resulting in automatic dismissal according to the Company Act.
8. Number of shares held by the new appointee at the time of appointment: N/A
9. Original term of office: 2025/06/13 ~ 2028/06/12
10. Effective date of the new appointment: N/A
11. Ratio of directors changed during the same term: 1/7
12. Ratio of independent directors changed during the same term: N/A
13. Ratio of supervisors changed during the same term: N/A
14. Whether one-third or more of the directors have changed: No
15. Other items to be specified: The Company received a resignation letter from the corporate director, Chen Ling Biotechnology Co., Ltd., on May 18, 2026. The corporate director resigned from the board effective May 18, 2026, due to a busy schedule.