Hanryu Holdings (HRYU) Terminates CEO for Cause

On February 26, 2024, the board of directors (the “Board”) of Hanryu Holdings, Inc. (NASDAQ: HRYU) terminated the employment of Changhuyk Kang as the Chief Executive Officer of the Company for cause, effective immediately. On the same date, the Board appointed TaeHoon Kim, who serves as the Chief Technology Officer and Vice President of the Company, as the interim Chief Executive Officer of the Company, effective immediately.

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