Yong Feng Real Estate Announces Shareholders' Approval to Lift Non-Competition Restrictions for New Directors
Key facts
- Yong Feng Real Estate Announces Shareholders' Approval to Lift Non-Competition Restrictions for New Directors
- Yong Feng Real Estate Co., Ltd. announced that its 2026 annual general meeting approved the lifting of non-competition restrictions for newly appointed directors and their representing legal entities, allowing them to serve on boards of companies with similar business scopes.
- Source: PR Times
- Date: June 25, 2026
Direct answer
Yong Feng Real Estate Co., Ltd. announced that its 2026 annual general meeting approved the lifting of non-competition restrictions for newly appointed directors and their representing legal entities, allowing them to serve on boards of companies with similar business scopes.
- Citation
- Yong Feng Real Estate Announces Shareholders' Approval to Lift Non-Competition Restrictions for New Directors (June 25, 2026), PR Times
- Source
- PR Times
- Date
- June 25, 2026
Yong Feng Real Estate Co., Ltd. announced that its 2026 annual general meeting approved the lifting of non-competition restrictions for newly appointed directors and their representing legal entities, allowing them to serve on boards of companies with similar business scopes.
📋 Article Processing Timeline
- 📰 Published: June 25, 2026 at 09:00
- 🔍 Collected: June 25, 2026 at 13:29 (4h 29m after Published)
- 🤖 AI Analyzed: June 25, 2026 at 13:32 (2 min after Collected)
Release Date: June 25, 2026
Statement Date: June 24, 2026
Statement Time: 14:19:32
Company Code: 6790
Company Name: Yong Feng Real Estate Co., Ltd.
Subject: Announcement of the resolution passed at the 2026 annual general meeting to lift non-competition restrictions for newly appointed directors and their representing legal entities.
Applicable Clause: Clause 21
Event 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:
- Yong Feng Yu Investment Holding Co., Ltd. / Corporate Director
- Yong Feng Yu Construction & Development Co., Ltd. / Corporate Director
- Ho Yi-Da / Director
- Chen Ting-Zhen / Director
- Chen Pei-Wen / Director
- Hsieh Hsiang-Ying / Director
- Su Mei-Li / Independent Director
- Lin Chih-Chien / Independent Director
- Hsieh Wan-Chuan / Independent Director
3. Permitted Competitive Activities: Serving as a director in companies with business scopes identical or similar to that of the company
4. Duration of Permitted Competitive Activities: Throughout the term of serving as a director of the company
5. Resolution Outcome (Voting Results per Article 209 of the Company Act): Approved by voting
6. Directors Engaging in Competitive Activities Related to Mainland China-Based Businesses (Enter 'Not Applicable' if not applicable):
- Ho Yi-Da / Director
- Chen Pei-Wen / Director
- Hsieh Hsiang-Ying / Director
7. Company Names and Positions Held in Mainland China-Based Businesses:
- Ho Yi-Da:
- Chairman, Yong Feng Yu Investment Co., Ltd.
- Chen Pei-Wen:
- Director, Yong Feng Yu Investment Co., Ltd.
- Chairman, Yong Feng Yu Household Products (Kunshan) Co., Ltd.
- Chairman, Yong Feng Yu Tissue Paper (Yangzhou) Co., Ltd.
- Hsieh Hsiang-Ying:
- Director, Yong Feng Yu Investment Co., Ltd.
- Director, Yong Feng Yu Household Products (Kunshan) Co., Ltd.
- Director, Yong Feng Yu Tissue Paper (Yangzhou) Co., Ltd.
8. Addresses of Mainland China-Based Businesses:
- Yong Feng Yu Investment Co., Ltd.:
- Room 301, 3rd Floor, Honghui Xinhui Garden, No. 4718-6 Gonghexin Road, Jing'an District, Shanghai
- Yong Feng Yu Household Products (Kunshan) Co., Ltd.:
- No. 999 Yongfengyu Road, Yushan Town, Kunshan City, Jiangsu Province
- Yong Feng Yu Tissue Paper (Yangzhou) Co., Ltd.:
- No. 168 Chunjiang Road, Yangzhou Economic Development Zone, Jiangsu Province
9. Business Activities of Mainland China-Based Entities:
- Yong Feng Yu Investment Co., Ltd.: General investment and paper product trading
- Yong Feng Yu Household Products (Kunshan) Co., Ltd.: Manufacturing and sales of toilet paper, paper towels, and paper napkins
- Yong Feng Yu Tissue Paper (Yangzhou) Co., Ltd.: Manufacturing and sales of toilet paper, paper towels, and paper napkins
10. Impact on the Company's Financial and Business Operations: None
11. If any director has invested in the said Mainland China-based businesses, the investment amount and shareholding ratio: None
12. Other Matters to be Disclosed: None
Statement Date: June 24, 2026
Statement Time: 14:19:32
Company Code: 6790
Company Name: Yong Feng Real Estate Co., Ltd.
Subject: Announcement of the resolution passed at the 2026 annual general meeting to lift non-competition restrictions for newly appointed directors and their representing legal entities.
Applicable Clause: Clause 21
Event 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:
- Yong Feng Yu Investment Holding Co., Ltd. / Corporate Director
- Yong Feng Yu Construction & Development Co., Ltd. / Corporate Director
- Ho Yi-Da / Director
- Chen Ting-Zhen / Director
- Chen Pei-Wen / Director
- Hsieh Hsiang-Ying / Director
- Su Mei-Li / Independent Director
- Lin Chih-Chien / Independent Director
- Hsieh Wan-Chuan / Independent Director
3. Permitted Competitive Activities: Serving as a director in companies with business scopes identical or similar to that of the company
4. Duration of Permitted Competitive Activities: Throughout the term of serving as a director of the company
5. Resolution Outcome (Voting Results per Article 209 of the Company Act): Approved by voting
6. Directors Engaging in Competitive Activities Related to Mainland China-Based Businesses (Enter 'Not Applicable' if not applicable):
- Ho Yi-Da / Director
- Chen Pei-Wen / Director
- Hsieh Hsiang-Ying / Director
7. Company Names and Positions Held in Mainland China-Based Businesses:
- Ho Yi-Da:
- Chairman, Yong Feng Yu Investment Co., Ltd.
- Chen Pei-Wen:
- Director, Yong Feng Yu Investment Co., Ltd.
- Chairman, Yong Feng Yu Household Products (Kunshan) Co., Ltd.
- Chairman, Yong Feng Yu Tissue Paper (Yangzhou) Co., Ltd.
- Hsieh Hsiang-Ying:
- Director, Yong Feng Yu Investment Co., Ltd.
- Director, Yong Feng Yu Household Products (Kunshan) Co., Ltd.
- Director, Yong Feng Yu Tissue Paper (Yangzhou) Co., Ltd.
8. Addresses of Mainland China-Based Businesses:
- Yong Feng Yu Investment Co., Ltd.:
- Room 301, 3rd Floor, Honghui Xinhui Garden, No. 4718-6 Gonghexin Road, Jing'an District, Shanghai
- Yong Feng Yu Household Products (Kunshan) Co., Ltd.:
- No. 999 Yongfengyu Road, Yushan Town, Kunshan City, Jiangsu Province
- Yong Feng Yu Tissue Paper (Yangzhou) Co., Ltd.:
- No. 168 Chunjiang Road, Yangzhou Economic Development Zone, Jiangsu Province
9. Business Activities of Mainland China-Based Entities:
- Yong Feng Yu Investment Co., Ltd.: General investment and paper product trading
- Yong Feng Yu Household Products (Kunshan) Co., Ltd.: Manufacturing and sales of toilet paper, paper towels, and paper napkins
- Yong Feng Yu Tissue Paper (Yangzhou) Co., Ltd.: Manufacturing and sales of toilet paper, paper towels, and paper napkins
10. Impact on the Company's Financial and Business Operations: None
11. If any director has invested in the said Mainland China-based businesses, the investment amount and shareholding ratio: None
12. Other Matters to be Disclosed: None
FAQ
What is the purpose of lifting non-compete restrictions at Yong Feng Real Estate?
To integrate management resources within the Yong Feng Yu Group and enhance decision-making efficiency.
Which directors are involved in Mainland China operations?
Ho Yi-Da, Chen Pei-Wen, and Hsieh Hsiang-Ying hold key roles in Shanghai, Kunshan, and Yangzhou subsidiaries.
What does this resolution mean for investors?
It signals stronger group governance and potential for improved operational synergy.