3622 Young Fast: Lifting of Non-Compete Restrictions for New Directors
Young Fast Optoelectronics (3622) announced on May 25, 115, that its general shareholders' meeting passed a resolution to lift non-compete restrictions for new directors. Ten individuals and corporate representatives, including Bai Zhi-qiang and Xu Yi-chuan, were granted permission to engage in related business activities during their tenure.
📋 Article Processing Timeline
- 📰 Published: May 26, 2026 at 06:31
- 🔍 Collected: May 26, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:14 (133h 43m after Collected)
1. Date of resolution: 115/05/25
2. Directors permitted to engage in competitive behavior: Bai Zhi-qiang, Song Yi Industrial, Heji Wire & Cable, Yusheng Asset Development, Fenggeng Development, Xu Yi-chuan, He Feng-you, Hao Xie-ge, Ye Xiu-hui, Jin Zhi-yong
3. Scope of permitted competitive behavior: Various directorships in related entities (see full disclosure)
4. Duration: During the term of office as a director
5. Voting results: 93,492,711 votes present, 96.20% in favor
6. Mainland China business: Not applicable
7. Other notes: None
2. Directors permitted to engage in competitive behavior: Bai Zhi-qiang, Song Yi Industrial, Heji Wire & Cable, Yusheng Asset Development, Fenggeng Development, Xu Yi-chuan, He Feng-you, Hao Xie-ge, Ye Xiu-hui, Jin Zhi-yong
3. Scope of permitted competitive behavior: Various directorships in related entities (see full disclosure)
4. Duration: During the term of office as a director
5. Voting results: 93,492,711 votes present, 96.20% in favor
6. Mainland China business: Not applicable
7. Other notes: None
FAQ
Can Young Fast directors work for other companies?
Yes, the non-compete restriction was lifted by the shareholder resolution.