[Hontech] Announcement Regarding Waiver of Non-Compete Restrictions for Directors

Key facts

  • [Hontech] Announcement Regarding Waiver of Non-Compete Restrictions for Directors
  • Hontech announced that its shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for its directors and general manager, who hold positions in the company's 100% indirectly owned subsidiaries in mainland China.
  • Source: PR Times
  • Date: May 27, 2026

Direct answer

Hontech announced that its shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for its directors and general manager, who hold positions in the company's 100% indirectly owned subsidiaries in mainland China.

Citation
[Hontech] Announcement Regarding Waiver of Non-Compete Restrictions for Directors (May 27, 2026), PR Times
Source
PR Times
Date
May 27, 2026
Hontech announced that its shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for its directors and general manager, who hold positions in the company's 100% indirectly owned subsidiaries in mainland China.
businessNQ 45/100出典：PR Times

📋 Article Processing Timeline

  • 📰 Published: May 27, 2026 at 09:00
  • 🔍 Collected: May 28, 2026 at 08:00 (23h 0m after Published)
  • 🤖 AI Analyzed: May 31, 2026 at 18:50 (82h 50m after Collected)
1. Date of resolution: 2026/05/27. 2. Directors permitted: Zhang Lirong (Chairman), Lu Yixuan (Director/GM), Chen Shu, Chen Taizhong, Zhu Yanfang, Zhou Zheyi, Lin Xiaozhen. 3. Scope: Same or similar business as the company. 4. Duration: During their term as directors. 5. Resolution: Approved per Article 209 of the Company Act. 6. Mainland China business involvement: Zhang Lirong, Lu Yixuan. 7. Positions: Chairman/Director of Hontech subsidiaries in Hubei, Suzhou, Fuqing, and Tianmen. 8. Locations: Suzhou, Fuqing, Tianmen. 9. Business items: Computer cable processing, real estate development. 10. Financial impact: All are 100% indirectly owned subsidiaries, accounted for by the equity method. 11. Investment amount: None. 12. Other notes: Approved at the 2026/05/27 shareholders' meeting.

FAQ

How long is the waiver of non-compete restrictions valid?

It is valid for the duration of their term as directors.

What are the key facts in this article?

Hontech announced that its shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for its directors and general manager, who hold positions in the company's 100% indirectly owned subsidiaries in mainland China.

What is the direct answer?

Hontech announced that its shareholders' meeting on May 27, 2026, approved the waiver of non-compete restrictions for its directors and general manager, who hold positions in the company's 100% indirectly owned subsidiaries in mainland China.

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