Committees of the Board


Home > Investor Relations > Corporate Governance > Committees of the Board
  • Convener
    Lan-Feng Kao

    Major Education and Current Position

    Ph.D. in Accounting, National Cheng Kung University

    Professor, Department of Finance, National University of Kaohsiung

    Remark

    Independent Director

  • Committee Member
    Shyue-Bin Chang

    Major Education and Current Position

    Ph.D.in Mechanical and Aerospace Engineering, Cornell University, U.S.A.

    Independent director of HIWIN MIKROSYSTEM Corporation

    Remark

    Independent Director

  • Committee Member
    Min-Hsiung Hon

    Major Education and Current Position

    Ph.D. in Materials Science and Engineering, North Carolina State University, Raleigh, U.S.A.

    Emeritus Chair Professor, Department of Materials Science and Engineering, National Cheng Kung University

    Remark

    Independent Director

The main responsibility is to assist the board in overseeing the following:

  • 1
    Integrity of the Company's financial statements
  • 2
    Independent auditors' appointment (termination) and integrity/performance
  • 3
    Internal risk controls
  • 4
    The Company's compliance with legal and regulatory requirements
  • 5
    The Company's existing and potential risks

Operations of the Audit Committee

The Audit Committee is composed of all Independent Directors. The Committee shall convene at least once quarterly, and may call a meeting at its discretion whenever necessary. Following the establishment of the Audit Committee, the Supervisory mechanism was abolished starting from the re-election of Board of Directors on 23rd June, 2016.
The Audit Committee convened six meetings in 2024. The Independent Directors’ attendance status is as follows.

(2024.01~2024.12)
Title Name Attendance in Person By Proxy Attendance Rate in Person (%)
Convener Lan-Feng Kao 6 0 100%
Committee Member Shyue-Bin Chang 6 0 100%
Committee Member Min-Hsiung Hon 6 0 100%

Communications between the Independent Directors, Chief Auditor, and CPAs

1.Apart from attending the Board Meetings and the Audit Committee meetings, the Company’s Chief Auditor also communicates with Independent Directors individually and fully through interviews in respect of the implementation of internal audit work, including audit content, internal control deficiencies found, and the improvement and follow-up on anomalies. The Internal Audit Office submits audit reports and follow-up reports to Independent Directors on a monthly and quarterly basis, and Chief Internal Auditor also directly communicates with Independent Directors via e-mails, phone calls, or meetings in person as needed.
>> 2023 Communication with Chief Auditor
>> 2022 Communication with Chief Auditor

2.The CPAs of the Company sit in on regular Audit Committee meetings and Board Meetings each quarter to communicate and discuss matters related to financial statements. Based on their professional judgement, the CPAs of the Company may request to communicate through Audit Committee meetings or one-on-one meetings with Independent Directors.
>> 2023 Communication with CPAs
>> 2022 Communication with CPAs
>> 2021 Communication with CPAs