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[Taiwan Elite] Announcement of Shareholder Approval for Waiving Non-Compete Restrictions

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Taiwan Elite Tech announced that the annual general meeting held on May 29, 115, approved the waiver of non-compete restrictions for directors. Seven directors, including Zhang Chongxing, are now permitted to serve as directors of companies with similar business scopes during their tenure.

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Frequently Asked Questions

Q: What is a non-compete clause?
A: A restriction preventing directors from engaging in businesses that compete with the company.