Why did Advantech-Innocore waive the non-compete restriction for its director?

To promote efficient group-wide management and share leadership experience and resources between entities.

Where does Mr. Guo Jian-Cheng hold concurrent positions?

He serves as Chairman or Director at several Acer-related companies, including Acer Computer (Shanghai) and Acer (Chongqing).

Is this resolution legally binding?

Yes, it was formally approved by a majority vote at the shareholder meeting in accordance with Article 209 of the Company Act.

Advantech-Innocore Approves Non-Compete Waiver for Portwell Director

Published May 20, 2026 6:31 AM ・ Updated Jun 14, 2026 12:00 AM ・ 3 min read ・ Source: PR Times

Advantech-Innocore (8114) approved the waiver of non-compete restrictions for Portwell director Mr. Guo Jian-Cheng during its shareholder meeting. This allows him to hold concurrent executive positions within the Acer Group.

Announcement: Waiver of Non-Compete Restriction for Director of Subsidiary Portwell Inc.

Advantech-Innocore Co., Ltd. announced that at the annual general meeting held on May 19, 2025, the resolution to waive non-compete restrictions for a director of its subsidiary, Portwell Inc., was approved.

### Details - Approved for: Director, Representative of Advantech-Innocore Co., Ltd.: Guo Jian-Cheng - Scope: Concurrent service as a director or manager of companies with similar or same business nature as the company. - Duration: From today until the end of tenure. - Vote Result: Approved by more than two-thirds of shareholders in attendance, with a majority vote from the attended shares.

### Concurrent Positions in Mainland China Entities Mr. Guo Jian-Cheng holds the following concurrent positions in China-based entities: 1. Acer Computer (Shanghai) Co., Ltd. / Chairman 2. Acer (Chongqing) Co., Ltd. / Chairman 3. Acer Smart (Chongqing) Co., Ltd. / Chairman 4. Third Wave Software (Beijing) Co., Ltd. / Director 5. Acer Information (Zhongshan) Co., Ltd. / Director

There is no significant impact on the financial or operational status of Advantech-Innocore, and there are no relevant investment stakes to disclose.

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Source: PR Times
Category: 人事

Advantech-Innocore Approves Non-Compete Waiver for Portwell Director

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Announcement: Waiver of Non-Compete Restriction for Director of Subsidiary Portwell Inc.

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