[Riyou] Approval of Waiver of Non-Compete Restrictions for Directors at AGM

Key facts

  • [Riyou] Approval of Waiver of Non-Compete Restrictions for Directors at AGM
  • Riyou's annual general meeting on May 28, 115, approved the waiver of non-compete restrictions for several directors, including Zhang Fangzheng, Li Tianjie, Lin Jinsi, Zheng Mingyuan, Cai Meijun, and independent directors Lin Shiming and Wang Wenjie, allowing their involvement in environmental businesses in mainland China.
  • Source: PR Times
  • Date: May 28, 2026

Direct answer

Riyou's annual general meeting on May 28, 115, approved the waiver of non-compete restrictions for several directors, including Zhang Fangzheng, Li Tianjie, Lin Jinsi, Zheng Mingyuan, Cai Meijun, and independent directors Lin Shiming and Wang Wenjie, allowing their involvement in environmental businesses in mainland China.

Citation
[Riyou] Approval of Waiver of Non-Compete Restrictions for Directors at AGM (May 28, 2026), PR Times
Source
PR Times
Date
May 28, 2026
Riyou's annual general meeting on May 28, 115, approved the waiver of non-compete restrictions for several directors, including Zhang Fangzheng, Li Tianjie, Lin Jinsi, Zheng Mingyuan, Cai Meijun, and independent directors Lin Shiming and Wang Wenjie, allowing their involvement in environmental businesses in mainland China.
businessNQ 47/100出典：PR Times

📋 Article Processing Timeline

  • 📰 Published: May 28, 2026 at 09:00
  • 🔍 Collected: May 29, 2026 at 08:00 (23h 0m after Published)
  • 🤖 AI Analyzed: May 31, 2026 at 18:47 (58h 46m after Collected)
1. Date of resolution: 115/05/28. 2. Names and titles of directors permitted to engage in competitive activities: Zhang Fangzheng (Rep. of Renying Industrial), Li Tianjie (Rep. of Ruentex Development), Lin Jinsi (Rep. of Ruentex Development), Zheng Mingyuan (Rep. of Yuanting Investment), Cai Meijun (Rep. of Chengzhi Investment), Independent Directors: Lin Shiming, Wang Wenjie. 3. Scope of permitted activities: Companies with the same or similar business scope. 4. Duration: During the term of office as a director. 5. Resolution status: Approved at the AGM on 115/05/28 with over 50% attendance and over 66.7% of voting rights. 6. Involvement in mainland China: Zhang Fangzheng (Rep. of Renying Industrial). 7. Company names and positions in mainland China: (1) Chairman, Beijing Ruentex Environmental Technology Co., Ltd., (2) Chairman, Jiangsu Suqian Ruentex Environmental Technology Co., Ltd., (3) Chairman, Yuncheng Ruentex Environmental Technology Co., Ltd., (4) Chairman, Rizhao Panyue Environmental Technology Co., Ltd. 8. Locations: Beijing, Suqian (Jiangsu), Yuncheng (Shanxi), Rizhao (Shandong). 9. Business scope: Incineration, treatment, and landfill of medical and industrial waste, environmental engineering, and wholesale of environmental equipment. 10. Financial impact: None. 11. Investment amount and shareholding: None. 12. Other notes: None.

FAQ

What kind of business are Riyou's directors involved in in China?

Incineration of medical and industrial waste, and environmental engineering.

What are the key facts in this article?

Riyou's annual general meeting on May 28, 115, approved the waiver of non-compete restrictions for several directors, including Zhang Fangzheng, Li Tianjie, Lin Jinsi, Zheng Mingyuan, Cai Meijun, and independent directors Lin Shiming and Wang Wenjie, allowing their involvement in environmental businesses in mainland China.

What is the direct answer?

Riyou's annual general meeting on May 28, 115, approved the waiver of non-compete restrictions for several directors, including Zhang Fangzheng, Li Tianjie, Lin Jinsi, Zheng Mingyuan, Cai Meijun, and independent directors Lin Shiming and Wang Wenjie, allowing their involvement in environmental businesses in mainland China.

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