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Juyi Corporation Announces Shareholder Meeting of Key Subsidiary Juye Technology Co., Ltd. - Resolution to Lift Non-Compete Restrictions on Newly Appointed Directors

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AI Summary (NQ-processed)

On June 18, 2026, Juye Technology Co., Ltd., a key subsidiary of Juyi Corporation, held its annual shareholder meeting and passed a resolution to lift non-compete restrictions on two directors, allowing them to serve in similar businesses. The company stated there will be no impact on its financial or operational performance.

AI Analysis

Frequently Asked Questions

Q: What was decided at Juye Technology's shareholder meeting?
A: The resolution lifted non-compete restrictions on two directors, allowing them to serve in similar businesses.
Q: Why lift non-compete restrictions?
A: To legally enable management overlap with mainland subsidiaries, supporting integrated operations.
Q: What does Kunshan Juida Electronics do?
A: It manufactures and sells transformers and metal heat sink substrates.