2527 Hong Jing: Announcement of Subsidiary Lu Zhu Company's Shareholders' Approval to Lift Non-Competition Restrictions on Directors
Key facts
- 2527 Hong Jing: Announcement of Subsidiary Lu Zhu Company's Shareholders' Approval to Lift Non-Competition Restrictions on Directors
- Hong Jing's key subsidiary, Lu Zhu Company, announced that its 115th annual shareholders' meeting approved the lifting of non-competition restrictions for several directors, allowing them to serve in companies with similar business scopes under conditions that do not harm the company's interests.
- Source: PR Times
- Date: June 27, 2026
Direct answer
Hong Jing's key subsidiary, Lu Zhu Company, announced that its 115th annual shareholders' meeting approved the lifting of non-competition restrictions for several directors, allowing them to serve in companies with similar business scopes under conditions that do not harm the company's interests.
- Citation
- 2527 Hong Jing: Announcement of Subsidiary Lu Zhu Company's Shareholders' Approval to Lift Non-Competition Restrictions on Directors (June 27, 2026), PR Times
- Source
- PR Times
- Date
- June 27, 2026
Hong Jing's key subsidiary, Lu Zhu Company, announced that its 115th annual shareholders' meeting approved the lifting of non-competition restrictions for several directors, allowing them to serve in companies with similar business scopes under conditions that do not harm the company's interests.
📋 Article Processing Timeline
- 📰 Published: June 27, 2026 at 09:00
- 🔍 Collected: June 27, 2026 at 23:43 (14h 43m after Published)
- 🤖 AI Analyzed: June 27, 2026 at 23:46 (2 min after Collected)
Release Date: 1150627
Statement Date: 1150626
Statement Time: 185713
Company Code: 2527
Company Name: Hong Jing
Subject: Announcement on behalf of important subsidiary Lu Zhu Company regarding the resolution passed at the 115th annual shareholders' meeting to lift non-competition restrictions on directors
Relevant Clause: Clause 21
Event Date: 1150626
Details:
1. Shareholders' Meeting Resolution Date: 115/06/26
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
- Representative of Hong Jing Construction Co., Ltd.: Zhou Jia-Pei
- Representative of Hong Jing Construction Co., Ltd.: Chen Fang-Ying
- Representative of Hong Jing Construction Co., Ltd.: Pan Shun-Wan
- Lei Shu-Yan
- Gong ?-Lian
3. Permitted Competitive Activities:
Directors are permitted to invest in or operate other companies with business scopes identical or similar to the company’s, and to serve as directors of such companies, provided that such activities do not harm the company's interests.
4. Duration of Permitted Competitive Activities:
During the period in which the directors serve in their positions at the company.
5. Voting Outcome (as per Article 209 of the Company Act):
The proposal was presented by the chairperson at the shareholders' meeting held on June 26, 115, and was approved without objection after consulting all attending shareholders.
6. Directors Engaging in Competitive Activities in Mainland China-Based Enterprises (Enter 'Not Applicable' if not applicable):
Director: Zhou Jia-Pei
7. Mainland China-Based Companies and Positions Held:
- Shanghai Youhong Electronic Engineering Technology Consulting Co., Ltd.: Supervisor (Zhou Jia-Pei)
- Shanghai Hongrong Property Management Co., Ltd.: Supervisor (Zhou Jia-Pei)
- Shanghai Youchang Property Management Co., Ltd.: Executive Director (Zhou Jia-Pei)
8. Addresses of Mainland China-Based Companies:
- Shanghai Youhong Electronic: Room 1201, No. 2, Lane 2288, Zu? Road, Zhangjiang High-Tech Park, Shanghai, China
- Shanghai Hongrong Property Management: Room 1202, No. 2, Lane 2288, Zu? Road, Zhangjiang High-Tech Park, Shanghai, China
- Shanghai Youchang Property Management: Room 1119, No. 2, Lane 2288, Zu? Road, Zhangjiang High-Tech Park, Shanghai, China
9. Business Activities of Mainland China-Based Companies:
- Shanghai Youhong Electronic: Engineering technology consulting, construction engineering technology consulting
- Shanghai Hongrong Property Management: Property management consulting, construction engineering and technical consulting
- Shanghai Youchang Property Management: Property management consulting, construction engineering and technical consulting
10. Impact on the Company's Financial and Business Operations: Not Applicable
11. If any director has invested in the aforementioned mainland enterprises, state investment amount and shareholding ratio: Not Applicable
12. Other Matters to be Disclosed: None
Statement Date: 1150626
Statement Time: 185713
Company Code: 2527
Company Name: Hong Jing
Subject: Announcement on behalf of important subsidiary Lu Zhu Company regarding the resolution passed at the 115th annual shareholders' meeting to lift non-competition restrictions on directors
Relevant Clause: Clause 21
Event Date: 1150626
Details:
1. Shareholders' Meeting Resolution Date: 115/06/26
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
- Representative of Hong Jing Construction Co., Ltd.: Zhou Jia-Pei
- Representative of Hong Jing Construction Co., Ltd.: Chen Fang-Ying
- Representative of Hong Jing Construction Co., Ltd.: Pan Shun-Wan
- Lei Shu-Yan
- Gong ?-Lian
3. Permitted Competitive Activities:
Directors are permitted to invest in or operate other companies with business scopes identical or similar to the company’s, and to serve as directors of such companies, provided that such activities do not harm the company's interests.
4. Duration of Permitted Competitive Activities:
During the period in which the directors serve in their positions at the company.
5. Voting Outcome (as per Article 209 of the Company Act):
The proposal was presented by the chairperson at the shareholders' meeting held on June 26, 115, and was approved without objection after consulting all attending shareholders.
6. Directors Engaging in Competitive Activities in Mainland China-Based Enterprises (Enter 'Not Applicable' if not applicable):
Director: Zhou Jia-Pei
7. Mainland China-Based Companies and Positions Held:
- Shanghai Youhong Electronic Engineering Technology Consulting Co., Ltd.: Supervisor (Zhou Jia-Pei)
- Shanghai Hongrong Property Management Co., Ltd.: Supervisor (Zhou Jia-Pei)
- Shanghai Youchang Property Management Co., Ltd.: Executive Director (Zhou Jia-Pei)
8. Addresses of Mainland China-Based Companies:
- Shanghai Youhong Electronic: Room 1201, No. 2, Lane 2288, Zu? Road, Zhangjiang High-Tech Park, Shanghai, China
- Shanghai Hongrong Property Management: Room 1202, No. 2, Lane 2288, Zu? Road, Zhangjiang High-Tech Park, Shanghai, China
- Shanghai Youchang Property Management: Room 1119, No. 2, Lane 2288, Zu? Road, Zhangjiang High-Tech Park, Shanghai, China
9. Business Activities of Mainland China-Based Companies:
- Shanghai Youhong Electronic: Engineering technology consulting, construction engineering technology consulting
- Shanghai Hongrong Property Management: Property management consulting, construction engineering and technical consulting
- Shanghai Youchang Property Management: Property management consulting, construction engineering and technical consulting
10. Impact on the Company's Financial and Business Operations: Not Applicable
11. If any director has invested in the aforementioned mainland enterprises, state investment amount and shareholding ratio: Not Applicable
12. Other Matters to be Disclosed: None
FAQ
Why did Hong Jing's subsidiary lift the non-compete restrictions?
To enhance strategic flexibility by allowing directors to leverage their expertise in external firms without conflicting interests.
What roles do the directors hold in mainland China companies?
Zhou Jia-Pei serves as supervisor or executive director in three Shanghai-based property and engineering firms.
Will this decision affect Hong Jing's financial performance?
The impact is deemed 'not applicable' as activities are permitted only when they do not harm company interests.
Which directors are appointed by Hong Jing Construction?
Zhou Jia-Pei, Chen Fang-Ying, and Pan Shun-Wan represent Hong Jing Construction on Lu Zhu's board.
When was Lu Zhu Company's shareholders' meeting held?
The meeting was held on June 26, 115 (Minguo calendar), where the resolution passed unanimously.