Business of the Group Companies. Except for holding the interest in the applicable Subsidiaries, neither the Company nor the HK Subsidiary shall engage in any business or operations without the consent of the Majority Shareholders. The business of each other Group Companies shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 11.
Appears in 2 contracts
Samples: Shareholder Agreement (Dada Nexus LTD), Shareholder Agreement (Dada Nexus LTD)
Business of the Group Companies. Except for holding the interest in the applicable their respective Subsidiaries, neither the Company nor the HK Subsidiary shall engage in any business or operations without the consent of the Majority ShareholdersRequisite Preferred Holders. The business of each other Group Companies shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 1110.
Appears in 2 contracts
Samples: Shareholder Agreements, Shareholder Agreement (LaShou Group Inc.)
Business of the Group Companies. Except for holding the interest in the applicable its Subsidiaries, neither each of the Company nor and the HK Subsidiary Company shall not engage in any business or operations without except with the consent approval of the Majority ShareholdersBoard and any required approvals under Section 10. The business of each other Group Companies Company shall be restricted to the Business, except with the approval of the Board and any required approvals under Section 1110.
Appears in 2 contracts
Samples: Shareholder Agreement (Cango Inc.), Shareholders Agreement (Cango Inc.)
