Highwealth Announces on behalf of Subsidiary Haiyu International Co., Ltd. the Lifting of Non-Compete Restrictions for New Directors and Their Representatives
Highwealth announced that its subsidiary, Haiyu International Co., Ltd., has lifted the non-compete restrictions for its new directors and their representatives, allowing them to engage in activities within the company's business scope during their term. This decision aims to enhance management flexibility and maximize business opportunities.
📋 Article Processing Timeline
- 📰 Published: May 5, 2026 at 09:00
- 🔍 Collected: May 6, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 6, 2026 at 08:33 (33 min after Collected)
1. Date of shareholder meeting resolution: 115/05/05
2. Names and titles of directors permitted to engage in competitive activities:
Corporate Directors:
Xuan Yu Investment Co., Ltd., Haiyue International Development Co., Ltd.
Representatives of Corporate Directors:
Zhou Shikai, Wang Junjie, Zeng Junsheng
3. Scope of competitive activities permitted: Engaging in activities within the company's business scope, for oneself or others.
4. Period of permitted competitive activities: During their tenure as directors of the company.
5. Resolution status (Please explain the voting result in accordance with Article 209 of the Company Act):
The resolution to lift the non-compete restrictions for new directors was passed without objection from all attending shareholders after consultation by the chairman.
6. If the permitted competitive activities involve businesses in mainland China, the director's name and title (If not related to mainland China businesses, please enter "Not applicable" below):
Not applicable.
7. Name of the company and position held in the mainland China business:
Not applicable.
8. Address of the mainland China business:
Not applicable.
9. Business scope of the mainland China business:
Not applicable.
10. Impact on the company's financial and business operations: Not applicable.
11. If directors have invested in the mainland China business, their investment amount and shareholding ratio: Not applicable.
12. Other matters to be specified: None.
2. Names and titles of directors permitted to engage in competitive activities:
Corporate Directors:
Xuan Yu Investment Co., Ltd., Haiyue International Development Co., Ltd.
Representatives of Corporate Directors:
Zhou Shikai, Wang Junjie, Zeng Junsheng
3. Scope of competitive activities permitted: Engaging in activities within the company's business scope, for oneself or others.
4. Period of permitted competitive activities: During their tenure as directors of the company.
5. Resolution status (Please explain the voting result in accordance with Article 209 of the Company Act):
The resolution to lift the non-compete restrictions for new directors was passed without objection from all attending shareholders after consultation by the chairman.
6. If the permitted competitive activities involve businesses in mainland China, the director's name and title (If not related to mainland China businesses, please enter "Not applicable" below):
Not applicable.
7. Name of the company and position held in the mainland China business:
Not applicable.
8. Address of the mainland China business:
Not applicable.
9. Business scope of the mainland China business:
Not applicable.
10. Impact on the company's financial and business operations: Not applicable.
11. If directors have invested in the mainland China business, their investment amount and shareholding ratio: Not applicable.
12. Other matters to be specified: None.