♦ Set up the chief corporate governance officer
1. On August 11, 2011, the Board of Directors of the company approved the appointment of Mr. Danny Tsou, the chief financial officer, as the director of corporate governance.
Mr. Danny Tsou has more than 10 years of working experience of governance work as financial executive of public company, in charge of relevant matters of corporation governance.
The main duties are as follows：
(1) Handling matters relating to the Board Meetings and Shareholders’ Meetings according to the regulations.
(2) Producing minutes of the Board and Shareholders’ Meetings.
(3) Assisting in on boarding and continuing education of Directors and Supervisors.
(4) Furnishing information required for business execution by Directors and Supervisors.
(5) Assisting Directors and Supervisors with legal compliance.
2. 2020 operating supervisor education situation is as follows：
3. Execution of the current year：
(1) Assist directors to perform their duties, and arrange training courses for directors. The relevant information of the training has been announced on the market observation post system.
(2) Assist the board of directors and shareholders in the procedures and resolutions of legal compliance matters, and disclose relevant information on the market observation post system after the meeting to ensure the equivalence of investor transaction information.
(3) Draft the agenda of the board of directors and notify the directors 7 days in advance, convene the meeting and provide meeting materials, and complete the minutes of the board of directors within 20 days after the meeting. If there is conflict of interest, the directors will be reminded.
(4) Handle the prior registration of the shareholders' meeting according to law, and prepare the meeting notice, discussion manual, minutes and other matters within the legal period.
♦ Corporate Governance Evaluation
The Financial Supervisory Commission issued a five-year "Corporate Governance Roadmap 2013" in December 2013, which listed the handling of corporate governance evaluation as a key work item. The reason for its promotion is to help investors and enterprises understand the effectiveness of corporate governance through the comparison of corporate governance in the overall market. In the "2019 Annual Corporate Governance Evaluation of Listed and OTC Companies," there were 901 listed companies and 699 OTC companies, with a total of 1600 companies being evaluated. The publication of the evaluation results will help enterprises to compete healthily and strengthen the level of corporate governance, and spontaneously shape corporate governance into an enterprise organizational culture.
The evaluation indicators are divided into four categories: safeguarding the rights and interests of shareholders and treating shareholders equally, strengthening the structure and operation of the board of directors, improving information transparency, and implementing corporate social responsibility：
| Indicator category |
Number of indicators |
Allocation percentage |
| Safeguard the rights and interests of shareholders and treat them equally |
16 |
19% |
| Strengthen the structure and operation of the board of directors |
28 |
34% |
| Enhance information transparency |
21 |
26% |
| Implement corporate social responsibility |
17 |
21% |
| Total |
82 |
100% |
♦ The company's evaluation results
2020 (7th) evaluation ranking 21%~35%- 2019 (6th) evaluation ranking 21%~35%
- 2018 (5th) evaluation ranking 6%~20%
- 2017 (4th) evaluation ranking 6%~20%
- 2016 (3rd) evaluation ranking 6%~20%