Jing City Approves Directors to Engage in Competing Businesses at Shareholders' Meeting
AI Summary (NQ-processed)
Jing City has approved its directors to engage in competing businesses at the shareholders' meeting. The approved businesses include construction development, construction, and investment, and the approval is valid for the current term of the directors. The resolution was passed with an overwhelming majority.
AI Analysis
Frequently Asked Questions
Q: What resolution was made at Jing City's shareholders' meeting?
A: Jing City's shareholders' meeting resolved to allow directors to engage in competing businesses. The approved businesses include construction development, construction, and investment, and the approval is valid for the current term of the directors.
Q: Which directors were approved to engage in competing businesses?
A: The directors approved to engage in competing businesses are Cai Tianzan, Cai Xueyun Mei, Li Shixiong, Chen Jinxing, and a director from Tianlai Investment Co., Ltd.
Q: What was the voting result of the resolution?
A: The resolution was passed with 99.88% of the votes cast in favor, and the number of shares present represents 91.63% of the total issued shares of the company, exceeding the two-thirds required by the Company Law.