Issue Date:November 21, 2019
 

In addition to following the “Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies” in governance operation, we abide by related laws and regulations in governance and internal management; ensure transparency of operations and financial information; emphasize the rights and interests of shareholders; and enhance operational supervision and management through the board of directors. Furthermore, we have established an audit committee and a compensation committee to facilitate the board of directors to carry out their duties.

o ensure the rights and interests of shareholders, apart from disclosing financial, sales, and governance information on the corporate website and the Market Observation Post System (MOPS), we have assigned spokespersons and deputy spokespersons to handle shareholder recommendations or disputes to practice the spokesperson system. We have also designated staff to gather and disclose organizational information to perform our information disclosure duty and obligation.
 

Organization

Organization

Business Scope for Main Department

Department Business
Chairman Office Establish operational strategies and goals.
Internal Audit The management of internal audit and operating procedures.
Environmental Safety Division The management of the environment and safety.
Visual Solution Business Group The management of R&D, manufacturing, sales, and customer service of Projection system and Optical module.
Energy-saving Solution Business Group The management of R&D, manufacturing, sales, and customer service of backlight module and panel module.
CFO Office The management of finance, accounting, asset, investor relations, human development, legal, intellectual property rights, etc.
CTO Office Critical Technology Road-mapping and Plan the Development and Investment of New Technology
CIMO Office Intelligent Manufacturing, Intelligent Factory Planning and Co-ordination of Automated Equipment, Mechatronics Systems and Advanced Manufacturing Integration Projects.

Corporate Governance Team

The Board of Directors resolved the appointment of chief financial officer Ho Hsin-Pin as the corporate governance director on April 29, 2019, to safeguard shareholders' rights and benefits and enhance the functional capability of the Board of Directors; in addition, the office of the chief financial officer will also be responsible for matters regarding corporate governance. To provide directors with the data required for carrying out their duties and the information regarding the latest legal developments related to organizational operations to help directors achieve legal compliance are the main missions of the governance team. The following describes the 2018 performance of the governance team:


1. Assist directors in carrying out their duties, provide directors with the required data, and arrange extended education for directors.
  • Inform board members from time to time of the latest amendments to laws and regulations related to organizational operations and corporate governance.
  • Provide directors with the required information and maintain smooth communication and exchange among directors and all higher-level officers.
  • Independent directors communicate with the chief internal auditor or certified public accountants to understand organization’s financial performance.
  • Arrange annual extended educational courses for directors based on their education, background and up-to-date laws and regulations.
     
2. Assist functional committees, the board of directors and the annual general meeting of shareholders in establishing the rules of procedure and fulfilling legal compliance.
  • Prepare the agenda for meetings; inform directors to convene meetings seven days in advance; provide directors with meeting-related data and issues; remind directors of the avoidance of conflicts of interest, where necessary; and issue the minutes of meetings within 20 days after each meeting.
  • Assist directors to make resolutions in a board meeting and remind them of the legal requirements to be complied with.
  • Announce the material information of important resolutions made in a board meeting to ensure the legitimacy and accuracy of information contents, in order to protect the transaction information equality of investors.
  • Proceed with registration before the AGM date; and produce documents including the meeting notice, AGM handbook, meeting minutes and annual report for the reference of investors.
     
3. Maintaining investor relations
  • Exchange and communicate with investors through the quarterly investor conference and AGM; and update the corporate website from time to time for investors to understand the financial, sales and governance conditions of the company to ensure and maintain the rights and interests of shareholders.