1709 Wo-Yi Announces Key Resolutions from 2026 Annual Shareholders' Meeting of Subsidiary Lian-Chao Industrial Co., Ltd.
Key facts
- 1709 Wo-Yi Announces Key Resolutions from 2026 Annual Shareholders' Meeting of Subsidiary Lian-Chao Industrial Co., Ltd.
- Wo-Yi's key subsidiary, Lian-Chao Industrial Co., Ltd., approved the 2025 financial allocation plan (no cash dividend) and the lifting of non-compete restrictions for directors during its 2026 annual shareholders' meeting.
- Source: PR Times
- Date: June 25, 2026
Direct answer
Wo-Yi's key subsidiary, Lian-Chao Industrial Co., Ltd., approved the 2025 financial allocation plan (no cash dividend) and the lifting of non-compete restrictions for directors during its 2026 annual shareholders' meeting.
- Citation
- 1709 Wo-Yi Announces Key Resolutions from 2026 Annual Shareholders' Meeting of Subsidiary Lian-Chao Industrial Co., Ltd. (June 25, 2026), PR Times
- Source
- PR Times
- Date
- June 25, 2026
Wo-Yi's key subsidiary, Lian-Chao Industrial Co., Ltd., approved the 2025 financial allocation plan (no cash dividend) and the lifting of non-compete restrictions for directors during its 2026 annual shareholders' meeting.
📋 Article Processing Timeline
- 📰 Published: June 25, 2026 at 09:00
- 🔍 Collected: June 25, 2026 at 16:49 (7h 49m after Published)
- 🤖 AI Analyzed: June 25, 2026 at 16:51 (2 min after Collected)
Date of Announcement: June 25, 2026
Date of Statement: June 24, 2026
Time of Statement: 15:26:30
Company Code: 1709
Company Name: Wo-Yi
Subject: Announcement of Key Resolutions from the 2026 Annual Shareholders' Meeting of Key Subsidiary Lian-Chao Industrial Co., Ltd.
Applicable Clause: Clause 18
Factual Date: June 24, 2026
Details:
1. Date of Annual Shareholders' Meeting: June 24, 2026
2. Key Resolution Item 1 – Profit Distribution or Loss Allocation:
Approved the 2025 financial allocation plan (no cash dividend distribution).
3. Key Resolution Item 2 – Amendments to Articles of Incorporation: None.
4. Key Resolution Item 3 – Business Report and Financial Statements:
Approved the 2025 financial settlement documents.
5. Key Resolution Item 4 – Election of Directors and Supervisors: None.
6. Key Resolution Item 5 – Other Matters:
Approved the resolution to lift non-compete restrictions for the company's directors and their representatives.
7. Other Matters to be Disclosed: None.
Date of Statement: June 24, 2026
Time of Statement: 15:26:30
Company Code: 1709
Company Name: Wo-Yi
Subject: Announcement of Key Resolutions from the 2026 Annual Shareholders' Meeting of Key Subsidiary Lian-Chao Industrial Co., Ltd.
Applicable Clause: Clause 18
Factual Date: June 24, 2026
Details:
1. Date of Annual Shareholders' Meeting: June 24, 2026
2. Key Resolution Item 1 – Profit Distribution or Loss Allocation:
Approved the 2025 financial allocation plan (no cash dividend distribution).
3. Key Resolution Item 2 – Amendments to Articles of Incorporation: None.
4. Key Resolution Item 3 – Business Report and Financial Statements:
Approved the 2025 financial settlement documents.
5. Key Resolution Item 4 – Election of Directors and Supervisors: None.
6. Key Resolution Item 5 – Other Matters:
Approved the resolution to lift non-compete restrictions for the company's directors and their representatives.
7. Other Matters to be Disclosed: None.
FAQ
What resolutions were made at Lian-Chao Industrial's 2026 annual meeting?
The meeting approved the 2025 financial allocation without cash dividends and lifted non-compete restrictions for directors.
Will Wo-Yi pay dividends in the future?
Lian-Chao Industrial withheld dividends for 2025, but Wo-Yi's own dividend policy remains unclear.
What impact does lifting non-compete have?
It allows directors to join other ventures, potentially expanding strategic partnerships and new business opportunities.
Is this resolution good for investors?
Short-term returns are limited due to no dividend, but long-term value growth is possible.
What business does Lian-Chao Industrial operate?
Likely in manufacturing or trading, though specific details are not publicly disclosed.