Functional Committees

The Audit Committee and the Compensation Committee of the Company are composed of all independent directors to implement the corporate governance and strengthen the supervisory function of the Board of Directors.

Audit Committee

NAME CURRENT POSITION Major Education and Work Experience Professional Qualifications & Experience
Cheng-Chieh Dai • General Manager, Accuvision Technology Inc.
• Director, Accuvision Technology Inc.
• Independent Director, NEXCOM International Co., Ltd.
• Director, STL Technology Ltd.
• Director, Cheng Yu Investment Co., Ltd. 		• Institute of Electrical Engineering, State University of New York at Stony Brook
• Assistant General Manager, Accusys, Inc.
• Business Manager, Elitegroup Computer Systems Inc. 		1. Acquired work experience in business, technology, and operational decision making.

2. General Manager (for consecutive terms), Accuvision Technology Inc.; Director, Accuvision Technology Inc.; Independent Director, NEXCOM International Co., Ltd.; Director, STL Technology Ltd.; Director, Cheng Yu Investment Co., Ltd.
Yu-Nu Lin Financial Assistant General Manager, Chin-Poon Industrial Co., Ltd. • EMBA, Taiwan University
• Department of Accounting, Chengchi University
• Taiwan Securities Co., Ltd. Sales Deputy Manager
• KPMG Taiwan Intermediate auditor
• Passing the Accounting Entrance Exam 		1. Acquired work experience in accounting and operational decision making and passed the national exam required by certified accountant and obtained certification of the professionals and technologists examination.

2. Assistant Business Manager (for consecutive terms), Taiwan Securities Co., Ltd.; Financial Assistant General Manager, Chin-Poon Industrial Co., Ltd.
Jui-Hsiang Lo • Chairman, IC PLUS Corp.
• Director,Dadi Kid Education Co., Ltd.   		• MBA, National Chengchi University
• Department of Communications Engineering, National Chiao Tung University
• Manager, Consumer Communications Products Department, United Microelectronics Corporation 		1. Acquired work experience in business, technology, and operational decision making.

2. Chairman (for consecutive terms), IC PLUS Corp.; Director, Dadi Early-Childhood Education Group Ltd.; Independent Director and Remuneration Committee Member, Silicon Integrated Systems Corp.; Director, Cloudberry Consultant Corp.
Ching-Jung Hsu General Manager, Shin Hwa Clock Industry Co., Ltd. Accounting and Statistics Department of Aletheia University 1. Acquired work experience in business, technology, and operational decision making.

2. General Manager (for consecutive terms), Shin Hwa Clock Industry Co., Ltd.          

The Audit Committee of the Company consists of all independent directors and meets at least once a quarter and as often as necessary. The Audit Committee meets regularly on a quarterly basis and, within the scope of its duties, it may invite management, internal auditors, accountants appointed by the Company or others to attend the meetings to provide relevant information.
The duties and rights of the Audit Committee are as follows:

  1. To establish or amend the internal control system in accordance with Article 14-1 of the Securities and Exchange Act.
  2. To assess the effectiveness of the internal control system.
  3. 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.
  4. To deal with matters in which the directors have an interest.
  5. To trade significant assets or derivative transactions.
  6. To lend funds, endorse or provide guarantee for major assets.
  7. Raising, issuing or private placement of marketable securities with an equity nature.
  8. The appointment, dismissal or compensation of a certified public accountant.
  9. Appointment and removal of the head of finance, accounting or internal audit.
  10. To prepare annual financial reports and semi-annual financial reports.
  11. Other significant matters stipulated by the Company or the competent authorities.

2023 Operation of the Audit Committee