Corporate Governance

Members of the board

Job title
Name
Legal Representative
Chairman of the Board
Donald Huang
 
Director
Huang Bai-jian
CHAO YANG INVESTMENT CO., LTD.
Director
Liu Zu-ying
 HAO CHI INVESTMENT CO., LTD.
Director
Liu Guang-hong
HSING YIN INVESTMENT CO., LTD.
Indipendent director
Li Xian-yuan
 
Indipendent director
Cai Yu-xiu
 
Indipendent director
Huang Ming-zhan
 


Policy of diversification of board members

The person appointed as director should consider and discuss the overall configuration of the Board of Director. The members of the Board should consider the importance of diversification, thus formulate appropriate operational and development-related policies which are to be diversified. These policies include but are not limited to the following two criteria:

1. Basic conditions and values: gender, age, nationality and culture.

2. Professional know-how and skills: professional background (such as legal, accounting, industry, finance, marketing or technology), professional skills and industry experience.


The members of the board should generally have the knowledge, skills and literacy necessary to carry out their duties. The overall abilities of the members should be as follows:

1. Operational judgment.
2. Accounting and financial analysis ability
3. Management ability
4. Crisis handling ability
5. Knowledge of the industry
6. International market concept.
7. Leadership ability.
8. Decision-making ability.


There should be more than half of the seats between the directors and there should be no kinship relatedness.

The Board of Directors of the Company shall consider the composition of the Board of Directors in accordance with the results of the performance evaluation.

Members of the Board of Directors have business, production, finance and other professional backgrounds to meet the relevant provisions.

Audit Committee

Job title
Name
Convener
Li Xian-yuan
Memebrs of the Committee
Cai Yu-xiu
Memebrs of the Committee
Huang Ming-zhan

Salaries and Remuneration Commission

Job title
Name
Convener
Cai Yu-xiu
Memebrs of the Committee
Li Xian-yuan
Memebrs of the Committee
Huang Ming-zhan

The communication between the independent director, the internal audit manager, and the accountant should include major matters, methods and results regarding the company's financial and business conditions.

The independent directors communicate at regular or irregular intervals with the company's certified public accountants, accounting executives, and internal audit supervisors by telephone, e-mail or conference.

Corporate Governance