【CTCI】Shareholders Approve Non-Compete Waiver for Directors
CTCI held its annual general meeting on May 25, 2026, and approved a resolution allowing 9 directors, including Yang Zongxing, to serve as directors in companies with similar business scopes.
📋 Article Processing Timeline
- 📰 Published: May 25, 2026 at 09:00
- 🔍 Collected: May 26, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 20:12 (132h 12m after Collected)
1. Date of resolution: 05/25/2026. 2. Directors granted permission: Yang Zongxing, Yu Junyan, Wu Yigui, Xi Jiayi, Hai Yingjun, Pan Wenyan, Li Jianzhong, Chen Yifang, Yan Huihuang. 3. Scope of permission: Investing in or managing companies with similar business scopes and serving as directors. 4. Duration: During their tenure as directors of CTCI. 5. Resolution status: Approved by majority vote. 6. Mainland China business: N/A. 7. Other notes: None.
FAQ
Can CTCI directors work for competitors?
With shareholder approval, they may serve as directors for companies with similar business scopes.