Lide Corporation Approves Removal of Non-Compete Restrictions for New Directors at 115th Annual Shareholders' Meeting

1. Date of shareholders' meeting resolution: June 23, 115

2. Names and titles of directors permitted to engage in competitive activities: Director and representative of Lidefu Investment Co., Ltd. Bao Zhongyi, Director Bao Xiaoji, Director Xie Qiuqin, Independent Director Yang Ming-szu

3. Scope of permitted competitive activities: Limited to activities that do not harm the company's interests

4. Duration of permitted competitive activities: June 23, 115 to June 22, 118

5. Resolution outcome (voting results under Article 209 of the Company Act): In accordance with Article 209 of the Company Act, the 115th annual shareholders' meeting held on June 23, 115 approved the removal of competitive activity restrictions for the aforementioned directors and their representatives, provided that such activities do not impair the company's interests.

6. Directors permitted in competitive activities related to businesses in mainland China (enter 'Not applicable' if not applicable): Director and representative of Lidefu Investment Co., Ltd. Bao Zhongyi, Director Bao Xiaoji, Director Xie Qiuqin

7. Mainland China-based companies where directors hold positions: ----------------------------------------------------------------- Director and representative of Lidefu Investment Co., Ltd. Bao Zhongyi: Dongguan Lide Electronics Co., Ltd. Director (Representative of LEI Industries (H.K.) Limited) Jiangsu Leading Electronics Co., Ltd. Director (Representative of LEI Industries (H.K.) Limited) ----------------------------------------------------------------- Director Bao Xiaoji: Dongguan Lide Electronics Co., Ltd. Director (Representative of LEI Industries (H.K.) Limited) Zhenjiang Wanyi Tools Co., Ltd. Director (Representative of Jiangsu Leading Electronics Co., Ltd.) Dongguan Linghang Electronics Co., Ltd. Director (Representative of LEI Industries (H.K.) Limited) ----------------------------------------------------------------- Director Xie Qiuqin: Dongguan Lide Electronics Co., Ltd. Director (Representative of LEI Industries (H.K.) Limited) Jiangsu Leading Electronics Co., Ltd. Supervisor (Representative of LEI Industries (H.K.) Limited) -----------------------------------------------------------------

8. Addresses of the mainland China-based companies: Dongguan Lide Electronics Co., Ltd.: Dongguan City Jiangsu Leading Electronics Co., Ltd.: Zhenjiang City Zhenjiang Wanyi Tools Co., Ltd.: Zhenjiang City Dongguan Linghang Electronics Co., Ltd.: Dongguan City

9. Business operations of the mainland China-based companies: Dongguan Lide Electronics Co., Ltd.: Manufacturing and sales of transformers, power converters, etc. Jiangsu Leading Electronics Co., Ltd.: Manufacturing and sales of transformers, power converters, etc. Zhenjiang Wanyi Tools Co., Ltd.: Wholesale, retail, and manufacturing of hardware products Dongguan Linghang Electronics Co., Ltd.: Manufacturing and sales of transformers, power converters, etc.

10. Impact on the company's financial and business operations: The aforementioned companies are all subsidiaries of the company; therefore, there is no significant impact on the company's financial or business operations.

11. If any director has invested in the mainland China-based companies, investment amount and shareholding ratio: None

12. Other matters to be disclosed: None