Xiang Yao Announces Shareholder Meeting Resolution to Lift Non-Compete Restrictions for New Directors of Key Subsidiary Jinyun Technology Co., Ltd.
Xiang Yao Industry announced that its subsidiary, Jinyun Technology Co., Ltd., held a shareholder meeting on April 30, 2026, and passed a resolution to lift the non-compete clause for three newly appointed directors: Lin Yishan, Guo Jingsong, and Chen Ruiqi. This measure allows them to engage in businesses similar to Jinyun Technology's scope during their tenure.
📋 Article Processing Timeline
- 📰 Published: April 30, 2026 at 09:00
- 🔍 Collected: May 1, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 1, 2026 at 09:33 (1h 33m after Collected)
1. Date of Shareholder Meeting Resolution: 115/04/30
2. Names and titles of directors permitted to engage in competitive activities:
Director Lin Yishan, Director Guo Jingsong, Director Chen Ruiqi
3. Scope of permitted competitive activities: Businesses that are the same as or similar to the business scope of Jinyun Technology Co., Ltd.
4. Period of permitted competitive activities: During the term of office as a director of Jinyun Technology Co., Ltd.
5. Resolution details (explain voting results according to Article 209 of the Company Act): This proposal was passed by the shareholders' meeting, with shareholders representing more than two-thirds of the issued share capital attending, and a majority of the voting rights of the attending shareholders agreeing to approve the proposal as is.
6. If the permitted competitive activities involve businesses in mainland China, names and titles of directors (for businesses not in mainland China, please enter 'Not Applicable'): Not Applicable
7. Company name and position in the mainland China business: Not Applicable
8. Address of the mainland China business: Not Applicable
9. Business items of the mainland China business: Not Applicable
10. Impact on the company's financial and business operations: Not Applicable
11. If directors have investments in the mainland China business, their investment amount and shareholding ratio: Not Applicable
12. Other matters to be stated: None
2. Names and titles of directors permitted to engage in competitive activities:
Director Lin Yishan, Director Guo Jingsong, Director Chen Ruiqi
3. Scope of permitted competitive activities: Businesses that are the same as or similar to the business scope of Jinyun Technology Co., Ltd.
4. Period of permitted competitive activities: During the term of office as a director of Jinyun Technology Co., Ltd.
5. Resolution details (explain voting results according to Article 209 of the Company Act): This proposal was passed by the shareholders' meeting, with shareholders representing more than two-thirds of the issued share capital attending, and a majority of the voting rights of the attending shareholders agreeing to approve the proposal as is.
6. If the permitted competitive activities involve businesses in mainland China, names and titles of directors (for businesses not in mainland China, please enter 'Not Applicable'): Not Applicable
7. Company name and position in the mainland China business: Not Applicable
8. Address of the mainland China business: Not Applicable
9. Business items of the mainland China business: Not Applicable
10. Impact on the company's financial and business operations: Not Applicable
11. If directors have investments in the mainland China business, their investment amount and shareholding ratio: Not Applicable
12. Other matters to be stated: None