[Fong Da Science] Shareholder Meeting Resolves to Lift Restrictions on Directors' Competitive Behavior
Key facts
- [Fong Da Science] Shareholder Meeting Resolves to Lift Restrictions on Directors' Competitive Behavior
- Fong Da Science has made a shareholder meeting resolution to lift the restriction on competitive behavior for multiple directors, including Cai Fengci. This decision is intended to advance business expansion in mainland China and is seen as part of the company's international strategy.
- Source: PR Times
- Date: June 9, 2026
Direct answer
Fong Da Science has made a shareholder meeting resolution to lift the restriction on competitive behavior for multiple directors, including Cai Fengci. This decision is intended to advance business expansion in mainland China and is seen as part of the company's international strategy.
- Citation
- [Fong Da Science] Shareholder Meeting Resolves to Lift Restrictions on Directors' Competitive Behavior (June 9, 2026), PR Times
- Source
- PR Times
- Date
- June 9, 2026
Fong Da Science has made a shareholder meeting resolution to lift the restriction on competitive behavior for multiple directors, including Cai Fengci. This decision is intended to advance business expansion in mainland China and is seen as part of the company's international strategy.
📋 Article Processing Timeline
- 📰 Published: June 9, 2026 at 09:00
- 🔍 Collected: June 10, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 13, 2026 at 05:17 (69h 17m after Collected)
1. Shareholder Meeting Resolution Date: June 9, 2024
2. Names and Titles of Directors Permitted to Engage in Competitive Behavior:
Director: Cai Fengci
Director: Miaohua Bin (Representative of Shenji Holdings (Inc.))
Director: Shenji Holdings (Inc.)
Director: National Development Fund Management Office
Director: Lianjie Er Investment (Inc.)
Independent Director: Wen Wanshou
Independent Director: Zhao Xinzhe
3. Items Permitted for Competitive Behavior:
Companies with the same or similar business scope as the company.
4. Period Permitted for Competitive Behavior:
During the term of office as a director of the company.
5. Resolution Situation (Please explain the voting result based on Article 209 of the Company Act):
The case was passed as per the voting result.
6. Names and Titles of Directors if the Competitive Behavior Permitted Pertains to Mainland China Businesses
(If it does not pertain to Mainland China Businesses, please enter 'Not Applicable' below):
Director: Cai Fengci
7. Names and Positions of Mainland China Businesses Served:
(1) Director: Cai Fengci
Kunshan Huafu Precision Metal Limited Company Director
Huafu Precision Technology (Ma'anshan) Limited Company President
Huazhong Precision Technology (Ma'anshan) Limited Company President
Huayi Precision Technology (Hanshan) Limited Company President
8. Addresses of Mainland China Businesses:
(1) Kunshan Huafu Precision Metal Limited Company
No. 207, Kongque Road, Kunshan Development Zone, Jiangsu Province
(2) Huafu Precision Technology (Ma'anshan) Limited Company
Address: No. 1430, Huxinan Road, Ma'anshan Economic and Technological Development Zone, Ma'anshan City, Anhui Province
(3) Huazhong Precision Technology (Ma'anshan) Limited Company
Address: No. 6, Yangzhou Road, Ma'anshan Economic and Technological Development Zone, Ma'anshan City, Anhui Province
(4) Huayi Precision Technology (Hanshan) Limited Company
Address: No. 001, Hanshan Economic Development Zone (Qingxi Industrial Park), Qingxi Town, Hanshan County, Ma'anshan City, Anhui Province
9. Business Items of Mainland China Businesses:
(1) Kunshan Huafu Precision Metal Limited Company
Business Items: Production and sale of magnesium-aluminum alloy formed products and molds
(2) Huafu Precision Technology (Ma'anshan) Limited Company
Business Items: Production and sale of magnesium-aluminum alloy formed products
(3) Huazhong Precision Technology (Ma'anshan) Limited Company
Business Items: Production and sale of magnesium-aluminum alloy formed products
(4) Huayi Precision Technology (Hanshan) Limited Company
Business Items: Production and sale of magnesium-aluminum alloy formed products
10. Degree of Impact on the Company's Financial and Business Operations: None
11. If Directors Have Invested in Mainland China Businesses, the Amount of Investment and Shareholding Ratio: None
12. Other Matters to be Stated: None
2. Names and Titles of Directors Permitted to Engage in Competitive Behavior:
Director: Cai Fengci
Director: Miaohua Bin (Representative of Shenji Holdings (Inc.))
Director: Shenji Holdings (Inc.)
Director: National Development Fund Management Office
Director: Lianjie Er Investment (Inc.)
Independent Director: Wen Wanshou
Independent Director: Zhao Xinzhe
3. Items Permitted for Competitive Behavior:
Companies with the same or similar business scope as the company.
4. Period Permitted for Competitive Behavior:
During the term of office as a director of the company.
5. Resolution Situation (Please explain the voting result based on Article 209 of the Company Act):
The case was passed as per the voting result.
6. Names and Titles of Directors if the Competitive Behavior Permitted Pertains to Mainland China Businesses
(If it does not pertain to Mainland China Businesses, please enter 'Not Applicable' below):
Director: Cai Fengci
7. Names and Positions of Mainland China Businesses Served:
(1) Director: Cai Fengci
Kunshan Huafu Precision Metal Limited Company Director
Huafu Precision Technology (Ma'anshan) Limited Company President
Huazhong Precision Technology (Ma'anshan) Limited Company President
Huayi Precision Technology (Hanshan) Limited Company President
8. Addresses of Mainland China Businesses:
(1) Kunshan Huafu Precision Metal Limited Company
No. 207, Kongque Road, Kunshan Development Zone, Jiangsu Province
(2) Huafu Precision Technology (Ma'anshan) Limited Company
Address: No. 1430, Huxinan Road, Ma'anshan Economic and Technological Development Zone, Ma'anshan City, Anhui Province
(3) Huazhong Precision Technology (Ma'anshan) Limited Company
Address: No. 6, Yangzhou Road, Ma'anshan Economic and Technological Development Zone, Ma'anshan City, Anhui Province
(4) Huayi Precision Technology (Hanshan) Limited Company
Address: No. 001, Hanshan Economic Development Zone (Qingxi Industrial Park), Qingxi Town, Hanshan County, Ma'anshan City, Anhui Province
9. Business Items of Mainland China Businesses:
(1) Kunshan Huafu Precision Metal Limited Company
Business Items: Production and sale of magnesium-aluminum alloy formed products and molds
(2) Huafu Precision Technology (Ma'anshan) Limited Company
Business Items: Production and sale of magnesium-aluminum alloy formed products
(3) Huazhong Precision Technology (Ma'anshan) Limited Company
Business Items: Production and sale of magnesium-aluminum alloy formed products
(4) Huayi Precision Technology (Hanshan) Limited Company
Business Items: Production and sale of magnesium-aluminum alloy formed products
10. Degree of Impact on the Company's Financial and Business Operations: None
11. If Directors Have Invested in Mainland China Businesses, the Amount of Investment and Shareholding Ratio: None
12. Other Matters to be Stated: None
FAQ
What resolution was made at Fong Da Science's shareholder meeting?
A resolution was made to lift the restriction on competitive behavior for multiple directors, including Cai Fengci.
What is the purpose of this resolution?
It is intended to advance business expansion in mainland China and is seen as part of the company's international strategy.
Which directors are affected by this resolution?
Seven individuals, including Cai Fengci, Miaohua Bin, Shenji Holdings (Inc.), National Development Fund Management Office, Lianjie Er Investment (Inc.), Wen Wanshou, and Zhao Xinzhe, are affected.