Audit Committee

The Company’s Audit Committee was formed on October 8, 2010, to assist the board in fulfilling its oversight of the quality and integrity of the accounting, auditing, reporting, and financial control practices of the Company.

Term of the incumbent Audit Committee members

The Company’s 7th Audit Committee members serve a term between 2024/6/6, and 2027/6/6.

Powers of the Audit Committee

I. Formulate or revise the internal control system according to Article 14-1 of the Securities and Exchange Act.

II. Evaluate the effectiveness of the internal control system.

III. Formulate or revise the rules for the acquisition and disposal of assets, financial derivatives transactions, loaning of funds to others, endorsements or guarantees for others, and other major financial-related activities according to Article 36-1 of the Securities and Exchange Act.

IV. Matter where a director has a personal interest.

V. Material asset or derivatives transactions.

VI. Material monetary loans, endorsements, or provisions of guarantee.

VII. The offering, issuance, or private placement of any equity-type securities.

VIII. The hiring or dismissal of an attesting certified public accountant or the compensation given.

IX. The appointment or removal of a financial, accounting, or internal auditing executive.

X. Annual and semi-annual financial statements.

XI. Other matters so determined by the Company or required by any competent authority overseeing the Company.

Audit Committee members
Yi-Zhang Lin     Independent Director, member of Audit Committee, member of Remuneration Committee.
Current occupation

INED, Ton Yi Industrial Corp.

INED, Lasertek Taiwan Co.Ltd.


MBA, National Sun Yat-Sen University.

Bachelor degree, Dep of Accounting, Soochow University.


CPA, PWC Taiwan 

Partner, PWC Taiwan


Lecturer, Taiwan Corporate Governance Association

Lecturer, Securities & Futures Institute

Heng-Zhen Ho    Indepen dent Director
Current occupation

Attorneys-at-Law Min Wei Law Firm

Member of CMMT Remuneration Committee


Bachelor of Laws, National Chengchi University

Judicial education pre-job training No. 48


Prosecutor, Fuchien Lienchiiang District Prosecutors Office

Prosecutor, Tainan District Prosecutors Office

Yi-Liang Chen     Indepen dent Director
Current occupation

CPA, Yi Xiang& Co., CPAs

INED, Plotech Co., Ltd

INED, Promise Technology, Inc.


Bachelor degree, Dep of Accounting, Soochow University



CFO, Spring Tree Technology Co. Ltd.

Supervisor, Advance Echem Materials Company Limited

Supervisory, Fositeck Corp.

Audit Committee operations

The Company’s 7th Audit Committee operations as follow,

Job title Full name Actual attendance Attendance by proxy Attendance rate (%) Note
Major Resolutions made by Audit Committee
Item File download
2020 Major Resolutions of Audit Committee
2021 Major Resolutions of Audit Committee
Communication between the independent directors, internal auditing executive, and accountant

(1) Compile monthly “Audit Report Summary Table” and submit it together with photocopies of the audit report to various Audit Committee members for review.

(2) After reviewing the photocopies of the audit report, the Audit Committee members will call the auditing executive for any questions or instructions.

(3) Improvements made to the shortcomings in the internal control system and abnormalities must be followed up 3 months after each audit report; furthermore, the follow-up outcome must be compiled into a report and submitted to various Audit Committee members.

(4) The internal auditing executive must attend the Audit Committee meeting to present audit reports.

(5) The Company’s internal auditing executive has multiple open communication channels with the Audit Committee.

(6) The Company’s CPA will report the outcome of the annual financial statement audit during the Audit Committee meeting and board meeting, as well as communicate other relevant legal requirements. The Company’s Audit Committee members engage in open communication with the CPA.

(7) Independent directors can understand the Company’s operating conditions (including financial and sales conditions) through the board of directors, the Audit Committee, and the audit reports submitted by the audit unit. Moreover, they can engage in open communication with the accountant via various reports and channels (such as telephone or email).

Communication items between the independent directors, internal auditing executive, and the CPA
Item File download