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[Dayu] Announcement of Shareholders' Meeting Resolution on Lifting Non-Compete Restrictions for New Directors

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Dayu Textile announced that the shareholders' meeting on June 1, 115, approved the lifting of non-compete restrictions for new directors. Directors Li Li-sheng, Yu Chun-ping, and Yang Ren-kai are permitted to hold concurrent positions in companies with similar business scopes during their tenure.

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Frequently Asked Questions

Q: What is non-compete restriction?
A: A legal restriction preventing directors from engaging in businesses that compete with their current company.