Yunxiang Technology-Chuang's 115th Annual General Meeting Approves Removal of Non-Compete Restrictions for New Directors and Their Representatives
Key facts
- Yunxiang Technology-Chuang's 115th Annual General Meeting Approves Removal of Non-Compete Restrictions for New Directors and Their Representatives
- Yunxiang Technology-Chuang's 115th Annual General Meeting approved the removal of non-compete restrictions for newly appointed directors and their representatives, allowing them to engage in similar business activities during their tenure, with no expected impact on company operations.
- Source: PR Times
- Date: June 22, 2026
Direct answer
Yunxiang Technology-Chuang's 115th Annual General Meeting approved the removal of non-compete restrictions for newly appointed directors and their representatives, allowing them to engage in similar business activities during their tenure, with no expected impact on company operations.
- Citation
- Yunxiang Technology-Chuang's 115th Annual General Meeting Approves Removal of Non-Compete Restrictions for New Directors and Their Representatives (June 22, 2026), PR Times
- Source
- PR Times
- Date
- June 22, 2026
Yunxiang Technology-Chuang's 115th Annual General Meeting approved the removal of non-compete restrictions for newly appointed directors and their representatives, allowing them to engage in similar business activities during their tenure, with no expected impact on company operations.
📋 Article Processing Timeline
- 📰 Published: June 22, 2026 at 09:00
- 🔍 Collected: June 23, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 23, 2026 at 17:57 (57 min after Collected)
1. Date of Shareholders' Meeting Resolution: 115/06/22
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
(1) Director: Ye Zhao-Yuan
(2) Director: Hsiang-Yao Fang, Representative of Quanta Computer Inc.
(3) Director: Jian Li-Feng, Representative of Zhao-Yuan Investment Inc.
(4) Director: Lin Zhao-Xian, Representative of Zhao-Yuan Investment Inc.
(5) Director: Li Pei-Yuan
(6) Independent Director: Yang Pan-Chi
(7) Independent Director: Kuan Chung-Min
(8) Independent Director: Lee Jing-Fang
(9) Independent Director: Wang Huang-Yu
3. Permitted Competitive Activities: Investment in or operation of businesses with scopes similar to or identical with the company's business.
4. Duration of Permitted Competitive Activities: During the term of serving as a director of the company.
5. Resolution Outcome (Voting Results under Article 209 of the Company Act):
The voting results for this proposal were as follows: 65,741,564 voting rights were present, with 65,590,538 votes in favor, representing 99.77% of total voting rights. The proposal was approved as submitted.
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 Operations: None.
11. If Directors Have Invested in Such Mainland China Business, Investment Amount and Shareholding Ratio: Not Applicable.
12. Other Matters to Be Disclosed: None.
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
(1) Director: Ye Zhao-Yuan
(2) Director: Hsiang-Yao Fang, Representative of Quanta Computer Inc.
(3) Director: Jian Li-Feng, Representative of Zhao-Yuan Investment Inc.
(4) Director: Lin Zhao-Xian, Representative of Zhao-Yuan Investment Inc.
(5) Director: Li Pei-Yuan
(6) Independent Director: Yang Pan-Chi
(7) Independent Director: Kuan Chung-Min
(8) Independent Director: Lee Jing-Fang
(9) Independent Director: Wang Huang-Yu
3. Permitted Competitive Activities: Investment in or operation of businesses with scopes similar to or identical with the company's business.
4. Duration of Permitted Competitive Activities: During the term of serving as a director of the company.
5. Resolution Outcome (Voting Results under Article 209 of the Company Act):
The voting results for this proposal were as follows: 65,741,564 voting rights were present, with 65,590,538 votes in favor, representing 99.77% of total voting rights. The proposal was approved as submitted.
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 Operations: None.
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 is the purpose of lifting the non-compete restriction at Yunxiang Technology-Chuang?
To enhance board flexibility and strengthen strategic collaboration with affiliated companies.
Does this resolution violate Taiwan's Company Act?
No, it complies with Article 209 of the Company Act and was approved by shareholders.
Are there any ties to businesses in mainland China?
No, the permitted competitive activities do not involve mainland China operations.
How is conflict of interest prevented?
Through independent director oversight and transparent disclosure mechanisms.
How will this affect future business development?
It may accelerate strategic growth through partnerships and cross-company investments.