Why lift the non-compete restriction for a director?

To enable faster decision-making and tighter integration across the corporate group.

What impact does this have on investors?

Minimal financial impact, but may signal improved governance efficiency.

What businesses are involved in the affiliated companies?

Primarily investment holding and capital management; specific operations undisclosed.

Yi Tai's 115th Shareholders' Meeting Approves Removal of Non-Competition Restriction for Newly Appointed Director

Published Jun 15, 2026 9:00 AM ・ Updated Jun 16, 2026 5:15 PM ・ 3 min read ・ Source: PR Times

At its 115th shareholders' meeting, Yi Tai approved the lifting of non-competition restrictions for Director Chang Cheng-Huang, allowing him to concurrently serve in affiliated companies. The move is limited to internal corporate governance and has minimal financial impact.

1. Shareholders' Meeting Resolution Date: 115/06/15

2. Name and Title of Director Permitted to Engage in Competitive Activities: Director: Chang Cheng-Huang

3. Specific Competitive Activities Permitted: Director Chang Cheng-Huang is permitted to concurrently serve in the following positions: - Director of Yi Tai (BVI) - Director of Ming Hao Investment - Supervisor of Yi Zhan Investment - Supervisor of Yi Feng Investment

4. Duration of Permission for Competitive Activities: During the term of office

5. Resolution Outcome (as per Article 209 of the Company Act): The resolution was approved as proposed, including votes exercised electronically.

6. Director's Name and Title if the Permitted Competitive Activity Involves Businesses in Mainland China (Enter "Not Applicable" if not applicable): Not Applicable

7. Company Name and Position Held in the Mainland China Business: Not Applicable

8. Address of the Mainland China Business: Not Applicable

9. Business Scope of the Mainland China Business: Not Applicable

10. Impact on the Company's Financial and Operational Status: Yi Tai (BVI) is a wholly-owned subsidiary (100%) of the company; all other concurrent positions have no material impact on financial or operational performance.

11. If the Director has Invested in the Mainland China Business, the Investment Amount and Shareholding Ratio: Not Applicable

12. Other Matters to be Disclosed: None

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Source: PR Times
Category: News
Dates in source: 115/06/15

Yi Tai's 115th Shareholders' Meeting Approves Removal of Non-Competition Restriction for Newly Appointed Director

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