Is Ling Chie's approval of competitive activities legally compliant?

Yes, it follows Article 209 of the Company Act and was approved by shareholders.

Why do multiple independent directors hold positions elsewhere?

To leverage expertise and contribute to broader industry innovation and governance.

Is this decision positive for investors?

Yes, transparent governance and expertise utilization support long-term value.

What is the duration of the permitted competitive activities?

From 115.08.24 to 118.08.23, aligning with their directorship term.

Does this involve any Mainland China-based businesses?

No, the filing explicitly states 'Not Applicable' for all related items.

Ling Chie Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Directors (Including Independent Directors) at 115th Extraordinary General Meeting

Published Aug 24, 2026 9:00 AM ・ Updated Aug 25, 2026 5:18 PM ・ 4 min read ・ Source: PR Times

Ling Chie announced that its 115th First Extraordinary Shareholders' Meeting resolved to permit certain directors and independent directors to engage in competitive business activities during their tenure, with no impact on the company's financial or operational performance.

1. Date of Shareholders' Meeting Resolution: 115/08/24

2. Names and Titles of Directors Permitted to Engage in Competitive Activities: (1) Director: Hsiang Fu-Chi (2) Independent Director: Chu Jih-Chuan (3) Independent Director: Chang Shuo-Wei (4) Independent Director: Lai Ming-Yang

3. Specific Competitive Activities Permitted: (1) Director: Hsiang Fu-Chi (a) Independent Director, Mingda Medical Technology Co., Ltd. (b) Advisor, Shenguang Chip Co., Ltd. (c) Special Assistant, Sungta Optoelectronics Technology Co., Ltd.

(2) Independent Director: Chu Jih-Chuan (a) Independent Director, Southeast Industrial Co., Ltd.

(3) Independent Director: Chang Shuo-Wei (a) CEO, Wei-De Technology Co., Ltd.

(4) Independent Director: Lai Ming-Yang (a) Independent Director, Taiwan United Telecommunications Co., Ltd. (b) Independent Director, Hsieh Hsi Electric Co., Ltd. (c) Independent Director, Full Transport Co., Ltd. (d) Director, Cheng Chuang Management Consulting Co., Ltd.

4. Duration of Permission for Competitive Activities: During the term of office as director and independent director of the company (from 115.08.24 to 118.08.23)

5. Resolution Outcome (Voting Results under Article 209 of the Company Act): The proposal was approved as submitted by shareholder vote at the extraordinary general meeting.

6. Directors Engaging in Competitive Activities Related to Mainland China-Based Businesses (Enter 'Not Applicable' if none): Not Applicable

7. Name and Position Held in Such Mainland China-Based Business: Not Applicable

8. Address of Such Mainland China-Based Business: Not Applicable

9. Business Scope of Such Mainland China-Based Business: Not Applicable

10. Impact on the Company's Financial and Operational Performance: None

11. If Directors Have Invested in Such Mainland China-Based Businesses, Investment Amount and Shareholding Ratio: Not Applicable

12. Other Matters to Be Disclosed: None

FACT BOX

Source: PR Times
Category: News

Ling Chie Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Directors (Including Independent Directors) at 115th Extraordinary General Meeting

⚡ Key Points

FACT BOX

Editorial & Verification Standards

FAQ

Cite this article — HOW TO CITE

AI CRAWLER ACTIVITY