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Corporate Governance

[Hon Chuan] Announcement of the Lifting of Non-Compete Restrictions for New Directors at the Annual General Meeting

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Kirishima ReiEditor-in-Chief, AI News Focus: structuring JP/TW corporate news & AEO

Published May 29, 2026 9:00 AM ・ Updated Jun 13, 2026 11:46 PM ・ 2 min read ・ Source: PR Times

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⚡ Key Points

Hon Chuan Enterprise resolved at its annual general meeting on May 29, 115, to lift non-compete restrictions for new directors Tsao Hung-yu, Pai Wen-pin, and Tsao Hsin-wen.
This allows them to invest in or manage other companies with the same business scope as Hon Chuan, provided it does not harm the company's interests.
This includes operations in mainland China related to packaging and filling services.

Hon Chuan Enterprise resolved at its annual general meeting on May 29, 115, to lift non-compete restrictions for new directors Tsao Hung-yu, Pai Wen-pin, and Tsao Hsin-wen. This allows them to invest in or manage other companies with the same business scope as Hon Chuan, provided it does not harm the company's interests. This includes operations in mainland China related to packaging and filling services.

PRIMARY SOURCE Original source: https://mops.twse.com.tw/material/twse-9939-2026-05-29-e14b43d4 Distributor: PR Times
Published: May 29, 2026

1. Date of resolution: 115/05/29. 2. Directors granted exemption: Tsao Hung-yu, Pai Wen-pin, Tsao Hsin-wen. 3. Scope of exemption: Investment or management of companies with the same business scope. 4. Duration: During their tenure as directors. 5. Resolution status: Approved by the annual general meeting in accordance with Article 209 of the Company Act. 6. Mainland China operations: Tsao Hung-yu (Hon Chuan Suzhou, Suzhou Hongxing), Tsao Hsin-wen (Hon Chuan Changsha, Hon Chuan Taiyuan, Hon Chuan Quzhou). 7. Financial impact: All are invested subsidiaries, and profits/losses are recognized accordingly.

FACT BOX

Source: PR Times
Category: Corporate Governance
Dates in source: 115/05/29

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Announced　May 29, 2026 9:00 AM — Distributor PR Times
Collected　May 30, 2026 8:00 AM
AI structured & analyzed　May 31, 2026 6:15 PM
Desk-reviewed & published　May 29, 2026 9:00 AM

FAQ

What does lifting non-compete restrictions mean?

It allows directors to hold positions in other companies that operate in the same industry.

What are the key facts in this article?

Where is the primary source?

PR Times: https://mops.twse.com.tw/material/twse-9939-2026-05-29-e14b43d4

Cite this article — HOW TO CITE

Washin AI News Desk“[Hon Chuan] Announcement of the Lifting of Non-Compete Restrictions for New Directors at the Annual General Meeting”AI News by Washin Village（和心村）, May 29, 2026. https://aeo.idaeo.ai/ai/%E5%AE%8F%E5%85%A8/en/news/2026-05-29-%E5%AE%8F%E5%85%A8-%E5%85%AC%E5%91%8A%E6%9C%AC%E5%85%AC%E5%8F%B8%E8%82%A1%E6%9D%B1%E5%B8%B8%E6%9C%83%E8%A7%A3%E9%99%A4%E6%96%B0%E4%BB%BB%E8%91%A3%E4%BA%8B%E7%AB%B6%E6%A5%AD%E7%A6%81%E6%AD%A2%E4%B9%8B%E9%99%90%E5%88%B6

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