3617 CyberPower
CyberPower's shareholder meeting on May 26, 2025, approved the removal of non-compete restrictions for directors, including Guo Jin and He Lian-xun, allowing them to hold concurrent positions in mainland Chinese subsidiaries.
📋 Article Processing Timeline
- 📰 Published: May 27, 2026 at 06:31
- 🔍 Collected: May 27, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 19:37 (109h 5m after Collected)
On May 26, 2025, CyberPower (3617) held its annual general meeting and approved the removal of non-compete restrictions for its directors. The directors involved include Guo Jin (representative of Zhiyuan Investment), He Lian-xun (representative of Ningyuan Investment), Li Jian-jin (representative of Xianyue Investment), and independent directors Wang Chin-yen, Lin Jung-le, and Chen Shu-han. The authorization allows them to engage in business within the company's scope for themselves or others during their tenure. This includes roles in mainland Chinese entities such as Shuo Da Electronics (Shenzhen), Shuo Qing Energy Technology (Shenzhen), Dongguan Shuo Qing Energy Technology, CyberPower (Shenzhen), and Guang Sheng Electronics (Shenzhen). There is no impact on the company's finances.
FAQ
Why remove non-compete clauses?
To legally authorize concurrent roles in subsidiaries and streamline management decision-making.