7610 Lianyu Metal: Announcement on Lifting Non-Compete Restrictions for Directors
Lianyu Metal (7610) held its annual shareholders' meeting on May 26, 115, and resolved to lift non-compete restrictions for newly appointed directors, including Wu Yong-zhong, Yan Yong-cheng, Satoshi Fukuda, and others, for the duration of their tenure.
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- 📰 Published: May 27, 2026 at 06:31
- 🔍 Collected: May 27, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: June 1, 2026 at 23:38 (137h 6m after Collected)
On May 26, 115, Lianyu Metal (7610) announced that its shareholders' meeting resolved to lift non-compete restrictions for its directors. The directors involved include Wu Yong-zhong (Chairman of Lianyu Advanced Materials and Deheng Investment), Yan Yong-cheng (Chairman of Yongfeng Investment), Satoshi Fukuda (President of Advanced Material Japan), Chen Chu-wen (Chairman of Qingtian Construction), and independent directors Huang Xiao-xin, Li Qin-cheng, Lin Pei-hua, and Su Yi-yuan. The scope of permitted competitive activities is limited to business areas identical to the company's operations, effective for the duration of their tenure. The resolution was passed as proposed.
FAQ
What is non-compete waiver?
It allows directors to hold positions in competing companies.