Corporate Governance
Corporate Governance Structure
The Board of Directors is the Company’s highest governing body. Under the Board, two major functional
committees have been established, namely the Audit Committee and the Compensation Committee.
The Board of Directors is responsible for guiding corporate strategy, supervising management, and
being accountable to the Company and the shareholders’ meeting. Its principal duties include:
Reviewing the Company’s business policies and short-term and long-term development plans; reviewing
and supervising the implementation of annual financial and business plans; reviewing budgets and
final accounts; establishing internal control systems and evaluating their effectiveness; appointing
and removing senior executives; convening shareholders’ meetings; and executing resolutions adopted
at shareholders’ meetings.
Insider Trading Prevention Policy
To protect shareholders’ rights and ensure equal treatment of shareholders, the Company has
established the “Procedures for Ethical Management and Code of Conduct” and the “Insider Trading
Prevention Management Policy.” Company personnel shall comply with the provisions of the Securities
and Exchange Act and shall not engage in insider trading using non-public information obtained
through their positions, nor disclose such information to others to prevent misuse of non-public
information for insider trading.
The Company prohibits insiders from trading securities using non-public information available in the
market. This includes, but is not limited to, prohibiting directors from trading the Company’s
listed shares or other equity-related securities during closed periods, namely thirty (30) days
prior to the announcement of annual financial reports and fifteen (15) days prior to the
announcement of quarterly financial reports.