2491 Jixiangquan: Lifting of Non-Compete Restrictions for Subsidiary Directors
Jixiangquan (2491) announced that its subsidiary, Dayou International Optoelectronics, passed a resolution at its annual general meeting on May 22, 115, to lift non-compete restrictions for its newly appointed directors and their representatives.
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- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 31, 2026 at 21:05 (206h 33m after Collected)
Jixiangquan announced that its subsidiary, Dayou International Optoelectronics, passed a resolution at its annual general meeting on May 22, 115, to lift non-compete restrictions for its newly appointed directors and their representatives. The directors involved are Chen Bihua, Luo Guangwei, and Luo Guangli, all representing Jixiang Global Industry. The permitted competitive activities are those within the same business scope as the company, effective during their tenure. This resolution was made in accordance with Article 209 of the Company Act, ensuring no harm to the company's interests.
FAQ
What does lifting the non-compete restriction mean?
It allows directors to hold concurrent positions in competing companies with the firm's approval.