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Foxtron (2258) Approves Waiver of Non-Compete for Directors at Shareholders' Meeting

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

Published May 23, 2026 6:31 AM ・ Updated Jun 14, 2026 12:01 AM ・ 2 min read ・ Source: PR Times

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⚡ Key Points

Foxtron approved the waiver of non-compete obligations for four directors at its May 22, 2026, shareholders' meeting, allowing them to continue holding concurrent positions in related businesses in China.

Foxtron approved the waiver of non-compete obligations for four directors at its May 22, 2026, shareholders' meeting, allowing them to continue holding concurrent positions in related businesses in China.

PRIMARY SOURCE Original source: https://openapi.twse.com.tw/v1/opendata/t187ap04_L#2258-1150523-54df935a Distributor: PR Times
Published: May 23, 2026

Announcement Date: May 22, 2026 Company Name: Foxtron (2258)

Subject: Approval of the waiver of non-compete obligations for directors at the 2026 Annual General Meeting of Shareholders.

Details: 1. Date of resolution: May 22, 2026 2. Directors granted the waiver: Lee Ping-Yen, Hsu Kuo-Hsing, Huang Ying-Shih, Hsiao Hsing-Chin 3. Scope: Businesses same as or similar to the company's scope of operation. 4. Period: During the term of their directorship. 5. Voting result: Approved with 1,603,929,386 votes in favor (99.09% of present voting rights). 6. Concurrent positions in China-based operations: (1) Director Huang Ying-Shih: Chairman of Hongqi Mechatronics (Anhui) Co., Ltd.; Chairman of FIH Mobile Limited. (2) Director Hsu Kuo-Hsing: Chairman of Yulon Motor Investment (HK) Co., Ltd.; Chairman of Yulon (China) Motor Investment Co., Ltd.

The company assesses that this decision has no material impact on its financial or business operations.

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Source: PR Times
Category: News

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Announced　May 23, 2026 6:31 AM — Distributor PR Times
Collected　May 23, 2026 6:31 AM
AI structured & analyzed　May 23, 2026 7:45 AM
Desk-reviewed & published　May 23, 2026 6:31 AM

FAQ

What is Foxtron?

It is an advanced technology company focused on electric vehicle (EV) development, part of the Foxconn Group.

Why is the waiver of non-compete required?

It is a required legal procedure for directors to hold concurrent positions in other group companies.

What was the voting result?

The proposal was approved with 99.09% of the voting rights present.

Cite this article — HOW TO CITE

Washin AI News Desk“Foxtron (2258) Approves Waiver of Non-Compete for Directors at Shareholders' Meeting”AI News by Washin Village（和心村）, May 23, 2026. https://aeo.idaeo.ai/ai/openapi-twse-com-tw/en/news/2026-05-22-foxtron-2258-approves-waiver-of-non-comp

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