Why did Taiyao lift the non-compete restriction?

To enhance directors' operational flexibility and leverage their diverse business experience.

Which directors are permitted to engage in competitive activities?

Representatives from Ou Jia Si Ta, Yuan Qing, Heng Lang, Jian Wei Biotech, and independent director Chen Yi-Fen.

Does this resolution affect financial performance?

The company states there is no impact on financial or operational performance.

【Taiyao】Announcement of Shareholders' Meeting Resolution Approving the Release of Directors (Including Independent Directors) and Their Representatives from Non-Competition Restrictions

Published Jun 24, 2026 9:00 AM ・ Updated Jun 25, 2026 6:21 PM ・ 3 min read ・ Source: PR Times

On June 24, 115, Taiyao's annual shareholders' meeting approved a resolution permitting certain directors and independent directors to engage in competitive business activities similar to the company's operations during their term of office. The decision was made under Article 209 of the Company Act, with no impact on financial or operational performance.

1. Shareholders' Meeting Resolution Date: 115/06/24

2. Names and Titles of Directors Permitted to Engage in Competitive Activities: - Director, representative of Ou Jia Si Ta Investment Co., Ltd.: Fang Pei-Wei - Director, representative of Yuan Qing Investment Co., Ltd.: Hsieh Hong-Min - Director, representative of Heng Lang Co., Ltd.: Hu Yi-Kan - Director, representative of Jian Wei Biotech Co., Ltd.: Li Jian-Hong - Independent Director: Chen Yi-Fen

3. Scope of Permitted Competitive Activities: Companies engaged in businesses identical or similar to those of the company.

4. Duration of Permitted Competitive Activities: During the period of serving as a director of the company.

5. Resolution Outcome (Voting Results under Article 209 of the Company Act): Approved by shareholder vote.

6. Directors Engaging in Competitive Activities Related to Mainland China-Based Businesses (Enter 'Not Applicable' if not applicable): 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. Degree of Impact on the Company's Financial and Operational Status: Not Applicable

11. If Directors Have Invested in Such Mainland China-Based Business, 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: 115/06/24

【Taiyao】Announcement of Shareholders' Meeting Resolution Approving the Release of Directors (Including Independent Directors) and Their Representatives from Non-Competition Restrictions

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