【Li Ming】Announcement of Board Resolution to Lift Non-Compete Restriction on Manager
Li Ming Co. has resolved on May 6, 2026, to lift the non-compete restriction on its General Manager, Xiao Shengyuan. This decision allows Mr. Xiao to concurrently serve as the Chairman of Jingyan Lifestyle Creative Co., Ltd.
📋 Article Processing Timeline
- 📰 Published: May 6, 2026 at 09:00
- 🔍 Collected: May 7, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 7, 2026 at 08:02 (2 min after Collected)
1. Date of board resolution: 2026/05/06
2. Name and title of manager permitted to engage in competitive activities: General Manager Xiao Shengyuan
3. Items of competitive activities permitted: Chairman of Jingyan Lifestyle Creative Co., Ltd.
4. Period for competitive activities permitted: During his tenure as the company's manager.
5. Resolution (Please explain the voting results in accordance with Article 32 of the Company Act):
All attending directors unanimously approved the lifting of the non-compete restriction for the company's manager.
6. If the permitted competitive activity involves operations in Mainland China, name and title of manager (If not an operator in Mainland China, please enter "N/A" below): N/A
7. Company name and position in the Mainland China business: N/A
8. Address of the Mainland China business: N/A
9. Business scope of the Mainland China business: N/A
10. Degree of impact on the company's financial and business operations: N/A
11. If the manager has invested in the Mainland China business, the investment amount and shareholding ratio: N/A
12. Other matters to be stated: None
2. Name and title of manager permitted to engage in competitive activities: General Manager Xiao Shengyuan
3. Items of competitive activities permitted: Chairman of Jingyan Lifestyle Creative Co., Ltd.
4. Period for competitive activities permitted: During his tenure as the company's manager.
5. Resolution (Please explain the voting results in accordance with Article 32 of the Company Act):
All attending directors unanimously approved the lifting of the non-compete restriction for the company's manager.
6. If the permitted competitive activity involves operations in Mainland China, name and title of manager (If not an operator in Mainland China, please enter "N/A" below): N/A
7. Company name and position in the Mainland China business: N/A
8. Address of the Mainland China business: N/A
9. Business scope of the Mainland China business: N/A
10. Degree of impact on the company's financial and business operations: N/A
11. If the manager has invested in the Mainland China business, the investment amount and shareholding ratio: N/A
12. Other matters to be stated: None