[Kaohsiung Bank] Announcement of Board of Directors' Resolution to Lift Non-Compete Restrictions for General Manager
Key facts
- [Kaohsiung Bank] Announcement of Board of Directors' Resolution to Lift Non-Compete Restrictions for General Manager
- Kaohsiung Bank's Board of Directors has resolved to lift the non-compete restrictions for its General Manager, Zhang Rongtai, effective after his appointment to a designated position on June 26, 2026. This allows him to engage in competitive business activities under specific conditions.
- Source: PR Times
- Date: April 16, 2026
Direct answer
Kaohsiung Bank's Board of Directors has resolved to lift the non-compete restrictions for its General Manager, Zhang Rongtai, effective after his appointment to a designated position on June 26, 2026. This allows him to engage in competitive business activities under specific conditions.
- Citation
- [Kaohsiung Bank] Announcement of Board of Directors' Resolution to Lift Non-Compete Restrictions for General Manager (April 16, 2026), PR Times
- Source
- PR Times
- Date
- April 16, 2026
Kaohsiung Bank's Board of Directors has resolved to lift the non-compete restrictions for its General Manager, Zhang Rongtai, effective after his appointment to a designated position on June 26, 2026. This allows him to engage in competitive business activities under specific conditions.
📋 Article Processing Timeline
- 📰 Published: April 16, 2026 at 09:00
- 🔍 Collected: April 17, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 07:26 (47h 26m after Collected)
1. Date of Board Resolution: 2026/04/16
2. Name and Position of Manager Permitted to Engage in Competitive Behavior: Zhang Rongtai, General Manager
3. Scope of Permitted Competitive Activities: Companies with business scope identical or similar to the company's business scope.
4. Period of Permitted Competitive Activities: During the term of employment as a manager of this company.
5. Resolution Details (Please state the voting result according to Article 32 of the Company Act): The proposal was unanimously approved by all attending directors, excluding interested parties who abstained from voting.
6. If the permitted competitive activities involve businesses in Mainland China, the manager's name and position (for non-Mainland China businesses, enter 'Not Applicable'): Not Applicable
7. Name of Mainland China Company and Position Held: Not Applicable
8. Address of Mainland China Business: Not Applicable
9. Business Items of Mainland China Business: Not Applicable
10. Impact on the Company's Financial and Business Operations: Not Applicable
11. If the Manager Has Investments in Such Mainland China Businesses, the Investment Amount and Shareholding Ratio: Not Applicable
12. Other Matters to be Notified: The non-compete clause will become effective only after the designated manager is appointed as a director of an invested company on behalf of the bank on June 26, 2026.
2. Name and Position of Manager Permitted to Engage in Competitive Behavior: Zhang Rongtai, General Manager
3. Scope of Permitted Competitive Activities: Companies with business scope identical or similar to the company's business scope.
4. Period of Permitted Competitive Activities: During the term of employment as a manager of this company.
5. Resolution Details (Please state the voting result according to Article 32 of the Company Act): The proposal was unanimously approved by all attending directors, excluding interested parties who abstained from voting.
6. If the permitted competitive activities involve businesses in Mainland China, the manager's name and position (for non-Mainland China businesses, enter 'Not Applicable'): Not Applicable
7. Name of Mainland China Company and Position Held: Not Applicable
8. Address of Mainland China Business: Not Applicable
9. Business Items of Mainland China Business: Not Applicable
10. Impact on the Company's Financial and Business Operations: Not Applicable
11. If the Manager Has Investments in Such Mainland China Businesses, the Investment Amount and Shareholding Ratio: Not Applicable
12. Other Matters to be Notified: The non-compete clause will become effective only after the designated manager is appointed as a director of an invested company on behalf of the bank on June 26, 2026.
FAQ
When did the Board of Directors pass the resolution to lift the non-compete restrictions?
The Board of Directors passed the resolution on April 16, 2026.
Who is the manager permitted to engage in competitive behavior under this resolution?
The permitted manager is Zhang Rongtai, who serves as the General Manager.
What is the scope of competitive activities permitted for the General Manager?
The scope covers companies with a business scope identical or similar to Kaohsiung Bank's business scope.
How was the resolution regarding the non-compete restrictions approved by the board?
The proposal was unanimously approved by all attending directors, excluding interested parties who abstained.
When will the lifting of the non-compete clause officially become effective?
It will become effective after the manager is appointed as a director of an invested company on June 26, 2026.