Yuan High Tech Development Announce that the shareholders’ meeting of the company has lifted the restriction on the non-compete of directors.

 Announce that the shareholders' meeting
of the company has lifted the restriction on the
non-compete of directors.

1.Date of the shareholders' meeting resolution:2022/06/14
2.Name and title of the managerial officer with permission
 to engage in competitive conduct:
(1)Director Zhao,Xi-Zheng
(2)Director Li,Yao-Kui
(3)Representative of Corporate Director  Wei Sheng Investmemt Co.,Ltd.
   Representative:Sun,Sheng
(4)Director Lin,Hong-Pei
(5)Director Yang,Shi-Huai
(6)Director Chen,Li-Min
(7)Independent Director Guo,Dong-Long
(8)Independent Director Lin,Hao-Sheng
(9)Independent Director Nian,Xiao-Jing
3.Items of competitive conduct in which the officer is
permitted to engage:Permitted to engage in non-compete projects
 serve as a director or investors of other profit undertaking.
4.Period of permission to engage in the competitive conduct:
Engage in the period of service as director of the company
5.Circumstances of the resolution (please describe the
results of voting in accordance with Article 209 of the
Company Act):After voting, pass the amendment to the Company's
 newly elected directors on 2022
6.If the permitted competitive conduct belongs to the
operator of a mainland China enterprise, the name and
title of the directors (if it is not the operator of
a mainland China enterprise, please enter "N/A" below):N/A
7.Company name of the mainland China enterprise and the
officer's position in the enterprise:N/A
8.Address of the mainland China enterprise:N/A
9.Operations of the mainland China enterprise:N/A
10.Impact on the company's finance and business:N/A
11.If the directors have invested in the mainland China
enterprise, the monetary amount of the investment and
their shareholding ratio:N/A
12.Any other matters that need to be specified:None.