[New World] Announcement Regarding Resolution at 2026 Shareholders' Meeting to Lift Non-Compete Restrictions for Directors
New World announced that at its 2026 shareholders' meeting, it resolved to lift the non-compete restrictions for directors Ou Zhenghong and Ouyang Wei. This allows the directors to engage in business activities identical or similar to the company's scope during their tenure.
📋 Article Processing Timeline
- 📰 Published: April 14, 2026 at 09:00
- 🔍 Collected: April 15, 2026 at 11:00 (26h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 02:49 (87h 49m after Collected)
1. Shareholders' Meeting Resolution Date: April 14, 2026
2. Directors Permitted to Engage in Competing Business: Ou Zhenghong (Director), Ouyang Wei (Director)
3. Scope of Permitted Competing Business: Projects identical or similar to the company's business scope.
4. Duration of Permitted Competing Business: During their tenure as directors of this company.
5. Resolution Details (Explain voting results according to Article 209 of the Company Act):
Unanimously approved by all attending shareholders after consultation by the chairman.
6. Directors Permitted to Engage in Competing Business in Mainland China (if applicable, otherwise state 'Not Applicable'): Not applicable.
7. Name and Position in such Mainland China Business: Not applicable.
8. Address of such Mainland China Business: Not applicable.
9. Business Items of such Mainland China Business: Not applicable.
10. Impact on the Company's Financial and Business Operations: None.
11. Investment Amount and Shareholding Ratio if Directors Invest in Mainland China Business: None.
12. Other Statements: None
2. Directors Permitted to Engage in Competing Business: Ou Zhenghong (Director), Ouyang Wei (Director)
3. Scope of Permitted Competing Business: Projects identical or similar to the company's business scope.
4. Duration of Permitted Competing Business: During their tenure as directors of this company.
5. Resolution Details (Explain voting results according to Article 209 of the Company Act):
Unanimously approved by all attending shareholders after consultation by the chairman.
6. Directors Permitted to Engage in Competing Business in Mainland China (if applicable, otherwise state 'Not Applicable'): Not applicable.
7. Name and Position in such Mainland China Business: Not applicable.
8. Address of such Mainland China Business: Not applicable.
9. Business Items of such Mainland China Business: Not applicable.
10. Impact on the Company's Financial and Business Operations: None.
11. Investment Amount and Shareholding Ratio if Directors Invest in Mainland China Business: None.
12. Other Statements: None