Dahua Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Newly Appointed Directors
Key facts
- Dahua Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Newly Appointed Directors
- Dahua's shareholders have approved the lifting of non-competition restrictions for several directors, allowing them to serve in companies with similar business scopes in mainland China. The decision aligns with corporate governance regulations and has limited financial impact.
- Source: PR Times
- Date: June 16, 2026
Direct answer
Dahua's shareholders have approved the lifting of non-competition restrictions for several directors, allowing them to serve in companies with similar business scopes in mainland China. The decision aligns with corporate governance regulations and has limited financial impact.
- Citation
- Dahua Announces Shareholders' Resolution to Lift Non-Competition Restrictions for Newly Appointed Directors (June 16, 2026), PR Times
- Source
- PR Times
- Date
- June 16, 2026
Dahua's shareholders have approved the lifting of non-competition restrictions for several directors, allowing them to serve in companies with similar business scopes in mainland China. The decision aligns with corporate governance regulations and has limited financial impact.
📋 Article Processing Timeline
- 📰 Published: June 16, 2026 at 09:00
- 🔍 Collected: June 17, 2026 at 17:00 (32h 0m after Published)
- 🤖 AI Analyzed: June 18, 2026 at 17:11 (24h 11m after Collected)
1. Shareholders' Meeting Resolution Date: June 16, 2026
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
- Jiang Ming-Li, Director (Representative of Chengda Investment Co., Ltd.)
- Jiang Jia-Jun, Director (Representative of Kangning Investment Co., Ltd.)
- Jiang Kang-Ming, Director (Representative of Yongzhen Investment Co., Ltd.)
- Zhao Jun-Man, Director (Representative of Songling Investment Co., Ltd.)
- Jiang Shou-Zheng, Director (Representative of Hongda Investment Co., Ltd.)
3. Approved Competitive Activities: Companies with business scopes identical or similar to that of the Company.
4. Duration of Approved Competitive Activities: During their tenure as directors of the Company.
5. Resolution Outcome (Voting Results per Article 209 of the Company Act):
The proposal was approved as submitted.
6. Directors Engaging in Competitive Activities with Mainland China-Based Enterprises (Enter 'Not Applicable' if none):
- Jiang Ming-Li, Director (Representative of Chengda Investment Co., Ltd.)
- Jiang Jia-Jun, Director (Representative of Kangning Investment Co., Ltd.)
- Zhao Jun-Man, Director (Representative of Songling Investment Co., Ltd.)
- Jiang Shou-Zheng, Director (Representative of Hongda Investment Co., Ltd.)
7. Mainland China-Based Enterprises and Positions Held:
Jiang Ming-Li (Chengda Investment Co., Ltd.):
- Chairman, Huatong United (Nantong) Plastic Industry Co., Ltd.
- Chairman, Foshan Sanshui Qiangli United Container Co., Ltd.
- Director, Shanghai United Can Manufacturing Co., Ltd.
- Director, Chongqing United Can Manufacturing Co., Ltd.
- Director, Jinan United Can Manufacturing Co., Ltd.
Jiang Jia-Jun (Kangning Investment Co., Ltd.):
- Director, Shanghai United Can Manufacturing Co., Ltd.
- Director, Chongqing United Can Manufacturing Co., Ltd.
- Director, Jinan United Can Manufacturing Co., Ltd.
- Director, Huatong United (Nantong) Plastic Industry Co., Ltd.
Zhao Jun-Man (Songling Investment Co., Ltd.):
- Director, Jinan United Can Manufacturing Co., Ltd.
Jiang Shou-Zheng (Hongda Investment Co., Ltd.):
- Chairman, Jinan United Can Manufacturing Co., Ltd.
- Chairman and General Manager, Shanghai United Can Manufacturing Co., Ltd.
- Chairman and General Manager, Chongqing United Can Manufacturing Co., Ltd.
- Director, Huatong United (Nantong) Plastic Industry Co., Ltd.
- Director, Foshan Sanshui Qiangli United Container Co., Ltd.
- Director, Huadong United Can Manufacturing Co., Ltd.
8. Addresses of Mainland China-Based Enterprises:
- Huatong United (Nantong) Plastic Industry Co., Ltd.: No. 895, Xiushan East Road, Haimen Subdistrict, Haimen District, Nantong City, Jiangsu Province
- Foshan Sanshui Qiangli United Container Co., Ltd.: Building 1, No. 5, Jinze Road, Xinan Subdistrict, Sanshui District, Foshan City, Guangdong Province
- Shanghai United Can Manufacturing Co., Ltd.: No. 89, Chexin Highway, Chedun Town, Songjiang District, Shanghai
- Chongqing United Can Manufacturing Co., Ltd.: No. 78, Lücheng Avenue, Xipeng Town, Jiulongpo District, Chongqing
- Jinan United Can Manufacturing Co., Ltd.: No. 27399, Panwang Road, Zhangqiu District, Jinan City, Shandong Province
- Huadong United Can Manufacturing Co., Ltd.: No. 128, Weiyi Road, Dingmao High-Tech Development Zone, Xinqu District, Zhenjiang City, Jiangsu Province
9. Business Activities of Mainland China-Based Enterprises:
- Huatong United (Nantong) Plastic Industry Co., Ltd.: Industrial plastic film
- Foshan Sanshui Qiangli United Container Co., Ltd.: Industrial plastic film
- Shanghai United Can Manufacturing Co., Ltd.: Aluminum beverage cans
- Chongqing United Can Manufacturing Co., Ltd.: Aluminum beverage cans
- Jinan United Can Manufacturing Co., Ltd.: Aluminum beverage cans
- Huadong United Can Manufacturing Co., Ltd.: Aluminum beverage cans
10. Impact on the Company's Financial and Business Operations:
Shanghai United Can, Chongqing United Can, Jinan United Can, Huatong United (Nantong) Plastic Industry, and Foshan Sanshui Qiangli United Container are all indirect subsidiaries of the Company and are accounted for using the equity method. Huadong United Can Manufacturing Co., Ltd. operates independently in both financial and operational aspects, with regional differentiation minimizing any significant impact.
11. Directors' Investment Amounts and Shareholding Ratios in Mainland China-Based Enterprises:
None.
12. Other Matters to be Disclosed: None.
2. Names and Titles of Directors Permitted to Engage in Competitive Activities:
- Jiang Ming-Li, Director (Representative of Chengda Investment Co., Ltd.)
- Jiang Jia-Jun, Director (Representative of Kangning Investment Co., Ltd.)
- Jiang Kang-Ming, Director (Representative of Yongzhen Investment Co., Ltd.)
- Zhao Jun-Man, Director (Representative of Songling Investment Co., Ltd.)
- Jiang Shou-Zheng, Director (Representative of Hongda Investment Co., Ltd.)
3. Approved Competitive Activities: Companies with business scopes identical or similar to that of the Company.
4. Duration of Approved Competitive Activities: During their tenure as directors of the Company.
5. Resolution Outcome (Voting Results per Article 209 of the Company Act):
The proposal was approved as submitted.
6. Directors Engaging in Competitive Activities with Mainland China-Based Enterprises (Enter 'Not Applicable' if none):
- Jiang Ming-Li, Director (Representative of Chengda Investment Co., Ltd.)
- Jiang Jia-Jun, Director (Representative of Kangning Investment Co., Ltd.)
- Zhao Jun-Man, Director (Representative of Songling Investment Co., Ltd.)
- Jiang Shou-Zheng, Director (Representative of Hongda Investment Co., Ltd.)
7. Mainland China-Based Enterprises and Positions Held:
Jiang Ming-Li (Chengda Investment Co., Ltd.):
- Chairman, Huatong United (Nantong) Plastic Industry Co., Ltd.
- Chairman, Foshan Sanshui Qiangli United Container Co., Ltd.
- Director, Shanghai United Can Manufacturing Co., Ltd.
- Director, Chongqing United Can Manufacturing Co., Ltd.
- Director, Jinan United Can Manufacturing Co., Ltd.
Jiang Jia-Jun (Kangning Investment Co., Ltd.):
- Director, Shanghai United Can Manufacturing Co., Ltd.
- Director, Chongqing United Can Manufacturing Co., Ltd.
- Director, Jinan United Can Manufacturing Co., Ltd.
- Director, Huatong United (Nantong) Plastic Industry Co., Ltd.
Zhao Jun-Man (Songling Investment Co., Ltd.):
- Director, Jinan United Can Manufacturing Co., Ltd.
Jiang Shou-Zheng (Hongda Investment Co., Ltd.):
- Chairman, Jinan United Can Manufacturing Co., Ltd.
- Chairman and General Manager, Shanghai United Can Manufacturing Co., Ltd.
- Chairman and General Manager, Chongqing United Can Manufacturing Co., Ltd.
- Director, Huatong United (Nantong) Plastic Industry Co., Ltd.
- Director, Foshan Sanshui Qiangli United Container Co., Ltd.
- Director, Huadong United Can Manufacturing Co., Ltd.
8. Addresses of Mainland China-Based Enterprises:
- Huatong United (Nantong) Plastic Industry Co., Ltd.: No. 895, Xiushan East Road, Haimen Subdistrict, Haimen District, Nantong City, Jiangsu Province
- Foshan Sanshui Qiangli United Container Co., Ltd.: Building 1, No. 5, Jinze Road, Xinan Subdistrict, Sanshui District, Foshan City, Guangdong Province
- Shanghai United Can Manufacturing Co., Ltd.: No. 89, Chexin Highway, Chedun Town, Songjiang District, Shanghai
- Chongqing United Can Manufacturing Co., Ltd.: No. 78, Lücheng Avenue, Xipeng Town, Jiulongpo District, Chongqing
- Jinan United Can Manufacturing Co., Ltd.: No. 27399, Panwang Road, Zhangqiu District, Jinan City, Shandong Province
- Huadong United Can Manufacturing Co., Ltd.: No. 128, Weiyi Road, Dingmao High-Tech Development Zone, Xinqu District, Zhenjiang City, Jiangsu Province
9. Business Activities of Mainland China-Based Enterprises:
- Huatong United (Nantong) Plastic Industry Co., Ltd.: Industrial plastic film
- Foshan Sanshui Qiangli United Container Co., Ltd.: Industrial plastic film
- Shanghai United Can Manufacturing Co., Ltd.: Aluminum beverage cans
- Chongqing United Can Manufacturing Co., Ltd.: Aluminum beverage cans
- Jinan United Can Manufacturing Co., Ltd.: Aluminum beverage cans
- Huadong United Can Manufacturing Co., Ltd.: Aluminum beverage cans
10. Impact on the Company's Financial and Business Operations:
Shanghai United Can, Chongqing United Can, Jinan United Can, Huatong United (Nantong) Plastic Industry, and Foshan Sanshui Qiangli United Container are all indirect subsidiaries of the Company and are accounted for using the equity method. Huadong United Can Manufacturing Co., Ltd. operates independently in both financial and operational aspects, with regional differentiation minimizing any significant impact.
11. Directors' Investment Amounts and Shareholding Ratios in Mainland China-Based Enterprises:
None.
12. Other Matters to be Disclosed: None.
FAQ
What does Dahua's lifting of non-compete mean?
It allows directors to hold positions in affiliated firms, supporting group-wide management integration.
Does this decision affect financials?
The firms are indirect subsidiaries under equity accounting, so impacts are already reflected and minimal.
Where are the mainland companies located?
Production sites are in Shanghai, Chongqing, Nantong, Foshan, Jinan, and Zhenjiang, making cans and films.