Audit Committee
The Audit Committee, Compensation Committee, Sustainable Development Committee, and Nominating Committee of the Company are all composed of independent directors in accordance with relevant regulations, with the aim of implementing sound corporate governance and strengthening the supervisory functions of the Board of Directors.
The duties and rights of the Audit Committee are as follows:
- To establish or amend the internal control system in accordance with Article 14-1 of the Securities and Exchange Act.
- To assess the effectiveness of the internal control system.
- To establish or amend procedures for handling significant financial transactions involving the acquisition or disposal of assets, derivative transactions, lending of funds to others, or endorsement or guarantee of others in accordance with the Article 36-1 of the Securities and Exchange Act.
- To deal with matters in which the directors have an interest.
- To trade significant assets or derivative transactions.
- To lend funds, endorse or provide guarantee for major assets.
- Raising, issuing or private placement of marketable securities with an equity nature.
- The appointment, dismissal or compensation of a certified public accountant.
- Appointment and removal of the head of finance, accounting or internal audit.
- To prepare annual financial reports and semi-annual financial reports.
- Other significant matters stipulated by the Company or the competent authorities.
Members
| Title | Name | Current Position | Education (Experience) |
| Independent Director (Convener) | Chu-Sheng Lee |
Chairman and CEO, fm Capital Investment Corp. Ltd. Supervisor, Taiwan Top Technology Corp. Director, Global Channel Consulting Co., Ltd. |
Master’s Degree in Department of Chemical Engineering, National Taiwan University Department of Chemical Engineering, National Taiwan University CEO, Taiwan Top Technology Corp. Manager, Sensortek Technology Corporation Innovation Sensing Business Division Manager, Sitronix Technology Corp. |
| Independent Director | Jeng-Chun, Chen | Director, CDIB Capital Innovation Accelerator Co., Ltd. |
EMBA, National Taiwan University Electrical & Computer Engineering, University of Michigan Ann Arbor Department of Electrical Engineering, National Taiwan University Chairman, Waystorm Co., Ltd. Chief Technology Officer, Accton Technology Corporation Chief Technology Officer, Arcadyan Technology Corporation |
| Independent Director | Tsai-Chen Hsu | Independent Director, Azion Corporation |
Ph.D. in Economics, Nankai University MS in Finance, George Washington University Accounting and Management Decision Group, EMBA, National Taiwan University Executive Director, Julius Bär Bank, Asia-Pacific Region Director, Standard Chartered Bank, Hong Kong Branch |
| Independent Director | Yu-Min Yang | Independent Director, Lotus Pharmaceutical Co., Ltd. |
Accounting and Management Decision Group, EMBA, National Taiwan University
Department of Accounting, National Cheng Kung University Chief Financial Officer, DBS (Taiwan) Commercial Bank Chief Accountant, Citibank (Taiwan) Commercial Bank |
2024 Operation of the Audit Committee
The Audit Committee held 6 meetings in 2024 with 100% member attendance rate.
| Title | Name | Attendance in Person | By Proxy | Attendance Rate in Person (%) |
|---|---|---|---|---|
|
Independent Director
(Convener) |
Tsai-Chen Hsu |
6 |
0 |
100% |
|
Independent Director |
Jeng-Chun, Chen |
6 |
0 |
100% |
|
Independent Director |
Tsai-Chen Hsu |
6 |
0 |
100% |
|
Independent Director |
Yu-Min Yang |
6 |
0 |
100% |