[Phoenix] Announcement of approval for lifting non-compete restrictions for directors
Phoenix Tours passed a resolution at its June 1, 115, shareholders' meeting to lift non-compete restrictions for directors Zhang Wei-yao, Zhang Jin-ming, and Qiu Ci-xiang, allowing them to hold concurrent positions in other companies.
📋 Article Processing Timeline
- 📰 Published: June 1, 2026 at 09:00
- 🔍 Collected: June 2, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 09:16 (1h 16m after Collected)
1. Date of resolution: 115/06/01
2. Names and titles of directors permitted to engage in competitive activities: (1) Chairman: Zhang Wei-yao (2) Director: Zhang Jin-ming (3) Director: Qiu Ci-xiang
3. Scope of permitted activities: Chairman Zhang Wei-yao holds concurrent positions including Chairman of Shanghai Longji Freight Forwarding. Director Zhang Jin-ming holds positions including Chairman of Tianhe Air Cargo. Director Qiu Ci-xiang holds positions including Director of Taiwan China Express.
4. Period of permission: During the term of office as a director.
5. Resolution status: Approved by more than two-thirds of the voting rights of shareholders present.
6. Mainland China business: Zhang Wei-yao serves as Chairman of Shanghai Longji Freight Forwarding.
7. Address of Mainland business: 15F, E, No. 18, Caoxi North Road, Shanghai.
8. Business scope: Freight forwarding.
9. Financial impact: None.
10. Other notes: None.
2. Names and titles of directors permitted to engage in competitive activities: (1) Chairman: Zhang Wei-yao (2) Director: Zhang Jin-ming (3) Director: Qiu Ci-xiang
3. Scope of permitted activities: Chairman Zhang Wei-yao holds concurrent positions including Chairman of Shanghai Longji Freight Forwarding. Director Zhang Jin-ming holds positions including Chairman of Tianhe Air Cargo. Director Qiu Ci-xiang holds positions including Director of Taiwan China Express.
4. Period of permission: During the term of office as a director.
5. Resolution status: Approved by more than two-thirds of the voting rights of shareholders present.
6. Mainland China business: Zhang Wei-yao serves as Chairman of Shanghai Longji Freight Forwarding.
7. Address of Mainland business: 15F, E, No. 18, Caoxi North Road, Shanghai.
8. Business scope: Freight forwarding.
9. Financial impact: None.
10. Other notes: None.
FAQ
Who are the directors exempted from non-compete restrictions?
Zhang Wei-yao, Zhang Jin-ming, and Qiu Ci-xiang.