The company plans to purchase liability insurance for its directors and senior management. The insurance coverage amount is set at $8 million, with an annual premium not exceeding $300,000. The insurance period is 12 months, ensuring protection for relevant personnel against potential risks.
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This announcement is made by Meidi Group Co., Ltd. (hereinafter referred to as "the Company") regarding the purchase of liability insurance for the Company and its directors, senior management, and related personnel.
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