Board Of Directors

Chairman  
LU, SHAO-PIN

• Master of Business Administration,
• National Chiao Tung University
  Department of Electrical Engineering,
• National Taiwan University
  General Manager of Tong Hsing Electronic Industries, Ltd.
  CEO of Tong Hsing Electronic Industries, Ltd

 

Director and General Manager 
LIU, WEN-LIANG

• Chairman and General Manager, RALEC ELECTRONIC CORPORATION
• Institute of Chemical Engineering, Tunghai University
  Deputy General Manager of Yageo Corp.
  Deputy General Manager of RALEC ELECTRONIC CORPORATION

 

Director and Head of Product Manufacturing Center
Wei-Tsu Chang

• Director representative of Teapo Electronic (H.K.) Limited
  Chairperson of Teapo Holding (Bermuda) Ltd.
  Director representative of Dongguan Wisdom Electronic Co., Ltd.
  Executive Director of RALEC Trading (Kunshan) Co., Ltd.
  Executive Director of Ralec Technology (Kunshan) Co., Ltd.
  Executive Director of Hunan Ralec Electronic Technology Co., Ltd.

Director

Zhong (Gavin), Zhong
Business Analytics & Management of Yageo Corp.

• 
  
  
  
  Independent Director

  Tsai, Cheng Hsien

• Chairperson of Bionet Corp.,
• CEO of Genetics Generation Advancement Corp.,
• Director of Sunrise Scientific Company Limited,
• Chairperson of Crown Star Alliance Limited,
• Chairperson of Star Ford (Samoa) Limited,
• Independent Director/Audit Committee Member/Remuneration Committee Member of Les Enphants Co., Ltd.,
• Director of Sanho Chemical Co., Ltd.

 

Independent Director

WU, HUO-SHENG

• Master in Finance, Tamkang University
  Department of Economy, National Taiwan University
  Chairman, Taishin Securities Investment Trust Co., Ltd.
  Chairman, Taishin Securities Consultant Trust Co., Ltd.
  Executive Deputy General Manager, Fubon Asset Management Company Limited

Independent Director
LIN, YU-CHENG

Chairman of United Fiber Optic Communication Inc.,
Director of Lianguangtong Investment Co., Ltd.,
Independent Director of Taiwan Styrene Monomer Corp.,
ndependent Director of Jiajie Healthcare Co., Ltd.,
Independent Director of Cameo Communications Co., Ltd.
Deputy General Manager of MasterLink Securities Corp.
Independent Director of Kaimei Electronic Corp.
Member of the Taiwan Stock Affairs Association
Member of the Taiwan Securities Association

Director diversification policy and implementation thereof

The Company's board of directors is structured in such a way that the size of the Company's operation and development, the shareholdings of its major shareholders, the practical needs of the Company, and the industry elites and experts in various fields are considered to constitute the board of directors.
In accordance with Article 20 of the Company's Code of Corporate Governance, the composition of the Board of Directors shall take into consideration diversity, except that the number of directors who are also managers of the Company shall not exceed one-third of the total number of directors, and appropriate diversity guidelines shall be formulated with respect to the Company's operation, business model and development needs.
Members of the Board of Directors of the Company shall have expertise in the fields of finance and investment, operation and management, business and information, etc. More than half of the Directors have experience in the passive component industry. At least one director in the areas of corporate governance, compensation management, information security, risk management, and sustainable development necessary to carry out his or her duties.
To achieve the ideal goal of corporate governance, the Board of Directors shall have the following abilities:

•  

The ability to make judgments about operations.

1. Accounting and financial analysis ability.
2. Business management ability.
3. Crisis management ability.
4. Industrial Knowledge.
5. An international market perspective.
6. Leadership.
7. Decision-making ability.

Our Chairman, Mr. LU, SHAO-PING, has an international perspective and is good at using information operation management, mastering the business development of the industry and judging the ability to handle crises, and has an open leadership style and is able to accept suggestions.  Mr. CHANG, WEI-TSU has extensive management experience in the electronics industry. Director LIU, WEN-LIANG has extensive corporate governance and intelligent production control planning skills, and is familiar with the Company's organization and business operations as well as accounting and financial analysis skills.
The Company's three independent directors, who comprise the Audit Committee, have expertise in accounting and finance, legal practice, corporate governance, chemicals and materials, biotechnology and medical industry operators, securities, compensation management, and operations management, respectively, which will be of great benefit to the Company's future development.

 

Operations of the Board of Directors

1. 1.The Board of Directors held 4 meetings (A). The attendance and appearance of Directors were as follows:

 

Title	Name	Times of actual attendance (attendance as nonvoting delegate) (B)	Times of Attendance by Proxy	Actual attendance (appearance) rate (%) [B / A]
Chairman	Hung Tai Investment Ltd. Representative: LU, SHAO-PING	4	4	100
Director	Yageo Co., Ltd Representative: WANG, PAO-YUAN	4	3	75
Director and General Manager	Hung Tai Investment Ltd. Representative: LIU, WEN-LIANG	4	4	100
Director and Head of Product Manufacturing Center	Hung Tai Investment Ltd. Representative: CHANG, WEI-TSU	4	4	100
Independent Director	TSAI, CHENG-HSIEN	4	4	100
Independent Director	WU, HUO-SHENG	4	4	100
Independent Director	YU-CHANG LIN	4	4	100

 

 

2.Execution of evaluation of the Board of Directors and Functional Committee:

Evaluation Cycle	Period	Scope	Evaluation Method	Content	Result
Once a year	From 2022/01/01 To 2022/12/31	Board of Directors	Self-evaluation by the Board	Note 1(1):	The Board's performance evaluation scored 5 out of 5 and the self-assessment questionnaire scored 4.87. The performance evaluation result is "excellent" and the overall operation is good. Future improvement plans or actions: I. The director's further studies and planning for the year under review are in good condition The company will continue providing professional training courses for directors in accordance with the characteristics of the industry, changes in laws and overall development direction, to assist the performance of directors' functions. II. Pre-determine the board of directors' meeting schedule for the coming year and arrange effective video conferences, and reschedule them in advance to improve attendance if time changes occur.
Once a year	From 2022/01/01 To 2022/12/31	Board members	Self-evaluation by the directors	Note 1(2):	The self-assessment scores were 5 out of 5; the directors' self-assessment scores ranged from 4.87 to 5 respectively, and the performance evaluation results were all "excellent". Future improvement plans or actions: I. The director's further studies and planning for the year under review are in good condition The company will continue providing professional training courses for directors in accordance with the characteristics of the industry, changes in laws and overall development direction, to assist the performance of directors' functions. II. Pre-determine the board of directors' meeting schedule for the coming year and arrange effective video conferences, and reschedule them in advance to improve attendance if time changes occur.