1305 China General Plastics: Removal of Non-Compete Restrictions for Directors

China General Plastics (1305) announced that its 2026 Annual General Meeting, held on May 26, 2026, approved the removal of non-compete restrictions for directors Hu Ji-hong and Tong Han-lin. The authorization is valid from May 26, 2026, to May 26, 2028. Tong Han-lin serves as Chairman and General Manager of several companies in mainland China, including Shun Chang Advanced Trading (Kunshan) Co., Ltd., Shun Chang Plastic (Kunshan) Co., Ltd., Shun Chang Plastic (Tianjin) Co., Ltd., and Shun An Coating Technology (Kunshan) Co., Ltd. This resolution was passed in accordance with Article 209 of the Company Act. As the company holds no shares in these entities, this decision has no impact on the company's financial or business operations.