Jye-Peng Resolves to Lift Non-Competition Restrictions on Directors at Shareholders' Meeting
Key facts
- Jye-Peng Resolves to Lift Non-Competition Restrictions on Directors at Shareholders' Meeting
- On June 24, 2026, Jye-Peng Industrial Co., Ltd. passed a resolution at its annual shareholders' meeting to lift non-competition restrictions for three directors, allowing them to serve in mainland China subsidiaries. The company stated there will be no financial or operational impact as these entities are fully indirectly owned subsidiaries.
- Source: PR Times
- Date: June 25, 2026
Direct answer
On June 24, 2026, Jye-Peng Industrial Co., Ltd. passed a resolution at its annual shareholders' meeting to lift non-competition restrictions for three directors, allowing them to serve in mainland China subsidiaries. The company stated there will be no financial or operational impact as these entities are fully indirectly owned subsidiaries.
- Citation
- Jye-Peng Resolves to Lift Non-Competition Restrictions on Directors at Shareholders' Meeting (June 25, 2026), PR Times
- Source
- PR Times
- Date
- June 25, 2026
On June 24, 2026, Jye-Peng Industrial Co., Ltd. passed a resolution at its annual shareholders' meeting to lift non-competition restrictions for three directors, allowing them to serve in mainland China subsidiaries. The company stated there will be no financial or operational impact as these entities are fully indirectly owned subsidiaries.
📋 Article Processing Timeline
- 📰 Published: June 25, 2026 at 09:00
- 🔍 Collected: June 25, 2026 at 16:39 (7h 39m after Published)
- 🤖 AI Analyzed: June 25, 2026 at 16:41 (2 min after Collected)
Release Date: June 25, 2026
Statement Date: June 24, 2026
Statement Time: 15:25:01
Company Code: 2355
Company Name: Jye-Peng
Subject: Shareholders' Meeting Resolves to Lift Directors' Non-Competition Restrictions
Applicable Clause: Item 21
Factual Date: June 24, 2026
Details:
1. Shareholders' Meeting Resolution Date: June 24, 2026
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
- Director / Lin, Pi-Ji
- Director / Tseng, Liu-Yu-Chih
- Director / Tong, Hsiao-Hung
3. Permitted Competitive Activities: Business operations identical to those of the company
4. Duration of Permitted Competitive Activities: During term of office
5. Resolution Outcome (Voting Result per Article 209 of the Company Act):
In accordance with Article 209 of the Company Act, the 2026 annual shareholders' meeting held on June 24 approved the lifting of non-competition restrictions for the aforementioned directors, provided that such activities do not harm the company's interests.
6. Directors Engaging in Competitive Activities Involving Mainland China-Based Enterprises (Enter 'Not Applicable' if none):
- Director / Lin, Pi-Ji
- Director / Tseng, Liu-Yu-Chih
- Director / Tong, Hsiao-Hung
7. Mainland China-Based Enterprises Where Directors Hold Positions:
- Lin, Pi-Ji: Director at Jye-Peng (Changshu) Electronics Co., Ltd.
- Tseng, Liu-Yu-Chih: Director at Jye-Peng (Changshu) Electronics Co., Ltd.
- Tseng, Liu-Yu-Chih: Director at Suzhou Haokang Import & Export Co., Ltd.
- Tong, Hsiao-Hung: Director at Jye-Peng (Changshu) Electronics Co., Ltd.
8. Addresses of Mainland China-Based Enterprises:
- Jye-Peng (Changshu) Electronics Co., Ltd.: No. 98 Huangpujiang Road, Changshu High-Tech Industrial Development Zone, Jiangsu Province
- Suzhou Haokang Import & Export Co., Ltd.: Room 201, 2nd Floor, No. 98 Huangpujiang Road, Changshu High-Tech Industrial Development Zone, Jiangsu Province
9. Business Activities of Mainland China-Based Enterprises:
- Jye-Peng (Changshu) Electronics Co., Ltd.: Printed Circuit Board Manufacturing
- Suzhou Haokang Import & Export Co., Ltd.: Import and Export Trading
10. Impact on Company's Financial and Operational Status: None. The enterprises involved are 100% indirectly owned subsidiaries of the company.
11. Directors' Investment Amounts and Shareholding Ratios in Mainland China-Based Enterprises: None
12. Other Matters to be Disclosed: None
Statement Date: June 24, 2026
Statement Time: 15:25:01
Company Code: 2355
Company Name: Jye-Peng
Subject: Shareholders' Meeting Resolves to Lift Directors' Non-Competition Restrictions
Applicable Clause: Item 21
Factual Date: June 24, 2026
Details:
1. Shareholders' Meeting Resolution Date: June 24, 2026
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
- Director / Lin, Pi-Ji
- Director / Tseng, Liu-Yu-Chih
- Director / Tong, Hsiao-Hung
3. Permitted Competitive Activities: Business operations identical to those of the company
4. Duration of Permitted Competitive Activities: During term of office
5. Resolution Outcome (Voting Result per Article 209 of the Company Act):
In accordance with Article 209 of the Company Act, the 2026 annual shareholders' meeting held on June 24 approved the lifting of non-competition restrictions for the aforementioned directors, provided that such activities do not harm the company's interests.
6. Directors Engaging in Competitive Activities Involving Mainland China-Based Enterprises (Enter 'Not Applicable' if none):
- Director / Lin, Pi-Ji
- Director / Tseng, Liu-Yu-Chih
- Director / Tong, Hsiao-Hung
7. Mainland China-Based Enterprises Where Directors Hold Positions:
- Lin, Pi-Ji: Director at Jye-Peng (Changshu) Electronics Co., Ltd.
- Tseng, Liu-Yu-Chih: Director at Jye-Peng (Changshu) Electronics Co., Ltd.
- Tseng, Liu-Yu-Chih: Director at Suzhou Haokang Import & Export Co., Ltd.
- Tong, Hsiao-Hung: Director at Jye-Peng (Changshu) Electronics Co., Ltd.
8. Addresses of Mainland China-Based Enterprises:
- Jye-Peng (Changshu) Electronics Co., Ltd.: No. 98 Huangpujiang Road, Changshu High-Tech Industrial Development Zone, Jiangsu Province
- Suzhou Haokang Import & Export Co., Ltd.: Room 201, 2nd Floor, No. 98 Huangpujiang Road, Changshu High-Tech Industrial Development Zone, Jiangsu Province
9. Business Activities of Mainland China-Based Enterprises:
- Jye-Peng (Changshu) Electronics Co., Ltd.: Printed Circuit Board Manufacturing
- Suzhou Haokang Import & Export Co., Ltd.: Import and Export Trading
10. Impact on Company's Financial and Operational Status: None. The enterprises involved are 100% indirectly owned subsidiaries of the company.
11. Directors' Investment Amounts and Shareholding Ratios in Mainland China-Based Enterprises: None
12. Other Matters to be Disclosed: None
FAQ
What was resolved at Jye-Peng's shareholders' meeting?
The board lifted non-compete restrictions for three directors.
Which directors are affected by the waiver?
Directors Lin Pi-Ji, Tseng Liu-Yu-Chih, and Tong Hsiao-Hung.
What competitive activities are permitted?
Serving in subsidiaries engaged in similar PCB manufacturing business.
Are there mainland China business connections?
Yes, all are directors at Jye-Peng (Changshu) Electronics Co., Ltd.
Financial impact of this decision?
None, as the entity is a 100% indirectly owned subsidiary.