Grape King Company Announces Board Resolution to Lift Manager's Non-Compete Restriction
Grape King Company's board of directors has resolved to lift the non-compete restriction for manager Zhou Hongyi, allowing him to concurrently serve as Chairman of Shanghai Puxun Supply Chain Management Co., Ltd. This role is similar to the company's business scope but has no significant impact on the company's financial operations.
📋 Article Processing Timeline
- 📰 Published: May 11, 2026 at 09:00
- 🔍 Collected: May 12, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 13, 2026 at 00:12 (16h 12m after Collected)
1. Date of Board Resolution: 115/05/11
2. Name of Manager Permitted to Engage in Competitive Activities and Title: Zhou Hongyi, Head of Supply Chain Department
3. Items Permitted for Competitive Activities: Chairman of Shanghai Puxun Supply Chain Management Co., Ltd., in which this group holds a 67% stake. This position, previously held by Lin Yuansong, Deputy General Manager of the Business Department, will now be concurrently held by Zhou Hongyi, Head of the Supply Chain Department.
4. Period for Permitted Competitive Activities: During the tenure of the manager in companies whose business scope is similar to this company.
5. Resolution Details (Please explain the voting result according to Article 32 of the Company Act): Unanimous approval by all attending directors.
6. If the permitted competitive activity involves operating in mainland China, name and title of the manager (if not operating in mainland China, please enter 'Not Applicable' below): Zhou Hongyi, Head of Supply Chain Department
7. Name and position in the mainland China enterprise: Shanghai Puxun Supply Chain Management Co., Ltd., Chairman
8. Address of the mainland China enterprise: 1st Floor, Building 3, No. 518 Chexin Road, Songjiang District, Shanghai City.
9. Business scope of the mainland China enterprise: Supply chain management services, domestic freight forwarding, etc.
10. Impact on the Company's Financial and Business Operations: None
11. If the manager has invested in the mainland China enterprise, the investment amount and shareholding ratio: None
12. Other Matters to be Noted: None
2. Name of Manager Permitted to Engage in Competitive Activities and Title: Zhou Hongyi, Head of Supply Chain Department
3. Items Permitted for Competitive Activities: Chairman of Shanghai Puxun Supply Chain Management Co., Ltd., in which this group holds a 67% stake. This position, previously held by Lin Yuansong, Deputy General Manager of the Business Department, will now be concurrently held by Zhou Hongyi, Head of the Supply Chain Department.
4. Period for Permitted Competitive Activities: During the tenure of the manager in companies whose business scope is similar to this company.
5. Resolution Details (Please explain the voting result according to Article 32 of the Company Act): Unanimous approval by all attending directors.
6. If the permitted competitive activity involves operating in mainland China, name and title of the manager (if not operating in mainland China, please enter 'Not Applicable' below): Zhou Hongyi, Head of Supply Chain Department
7. Name and position in the mainland China enterprise: Shanghai Puxun Supply Chain Management Co., Ltd., Chairman
8. Address of the mainland China enterprise: 1st Floor, Building 3, No. 518 Chexin Road, Songjiang District, Shanghai City.
9. Business scope of the mainland China enterprise: Supply chain management services, domestic freight forwarding, etc.
10. Impact on the Company's Financial and Business Operations: None
11. If the manager has invested in the mainland China enterprise, the investment amount and shareholding ratio: None
12. Other Matters to be Noted: None