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[Hon Chuan] Announcement of the Lifting of Non-Compete Restrictions for New Directors at the Annual General Meeting

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AI Summary (NQ-processed)

Hon Chuan Enterprise resolved at its annual general meeting on May 29, 115, to lift non-compete restrictions for new directors Tsao Hung-yu, Pai Wen-pin, and Tsao Hsin-wen. This allows them to invest in or manage other companies with the same business scope as Hon Chuan, provided it does not harm the company's interests. This includes operations in mainland China related to packaging and filling services.

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Frequently Asked Questions

Q: What does lifting non-compete restrictions mean?
A: It allows directors to hold positions in other companies that operate in the same industry.