Stakeholders

Deliver company's operation and finance communication

Governance

1. Communication policy between independent directors (audit committee) and internal audit supervisors and accountants

  • On June 8, 1987, the company's shareholders' meeting elected three independent directors and established an audit committee.
  • In addition to sending audit reports to independent directors for review by the internal audit department every month, the audit supervisor conducts audits and reports on the implementation of independent directors during audit committee meetings on a quarterly basis, and immediately discusses and communicates with the committee members for questions; the accountant attends the audit committee at least once a year and communicates with independent directors for financial report review. Independent directors may also convene meetings at any time if necessary.
  • Audit manager and accountant can always contact independent directors anytime to keep the communicating loop closely!
  • We will publish the independent directors, internal audit manager, and accountants status in our website.

2. The key communicating excerpts among independent directors (audit committee) and accountants in the past

Date Communicating key points
2019/02/22 Audit Committee Audit the 4th quarter financial report of year of 2018:
1. Audited the responsibility of auditor audited financial statements.
2. Auditing area.
3. Discovery.
4. Independence.
5. Update policies.
2019/11/05 Audit Committee Audit the 3th quarter financial report of year of 2018:
1. Audited the responsibility of auditor audited financial statements.
2. Auditing area.
3. Discovery.
4. Independence.
5. Yearly auditing plan.
6. Update policies.

3. The key communicating excerpts between independent directors and internal audit manager

Audit Committee Date Communicating Items
2019/02/22 1. Execution status report of audit the 4th quarter of year of 2018.
2. Draft “Statement of internal controlling system”
108/04/09 Audit Jan. and Feb. of year 2018 executive report.
108/09/27 Audit Months of March to August of year 2018 executive report.
108/11/05 1. Audit Sept. of year 2018 executive report.
2. Draft “ Plan of auditing schedule and items in 2020.