ENE Technology

Audit Committee

In order to strengthen corporate governance and the professional functions of the board of directors, the company established an audit committee in 2019. All committee members faithfully perform their duties as stipulated in the rules of the organization with the attention of good managers.

Responsible to the board of directors, and submit the proposed proposals to the board of directors for resolution.

Committee Member Name Attendenance 

Independent Director (Chair)

Yi Fong Lin
100%
Independent Director
Ming Kuan Hou
100%
Independent Director
Shen Yuan Chen

(Dismissed on 2022.02.18)

100%

 

The main purpose of the operation of the Audit Committee is to supervise the following matters:
1. Fair representation of the company's financial statements.
2. Selection (dismissal), independence and performance of certified accountants.
3. Effective implementation of the company's internal control.
4. The company follows relevant laws and regulations.
5. Management and control of existing or potential risks of the company.

 

Contents of the Audit Committee's Proposal:

 

 

Audit committee

Agenda

Items approved by 2/3 of BOD but not yet approved by Audit Committee

2021/03/11

1st Committee 8th meeting

 

1. 2020 Internal Audit Report

2. 2020 Business report, independent and   consolidated financial reports

3. Proposal for CPA remunerations

NA

     

2021/04/21

1st Committee 9th meeting

1. Proposal for capital reduction to offset accumulated losses

2. Proposal for issuance of restricted employee shares

3. Proposal for private placement

NA

     

2021/08/03

1st Committee 11th meeting

 1. 2021 Q2 consolidated financial report

NA
     

2021/10/12

1st Committee 12th  meeting

 1. Proposal for issuance and pricing of 1st stage ordinary shares by private placement

2. Proposal for issuance and pricing of 2nd stage ordinary shares by private placement

NA
     

2021/11/02

1st Committee 13th  meeting

 1. Proposal for amendments on internal audit regulation

 2. Remunerations of CPA

 3. Invite private placement subscribers to attend the BOD

NA
     

Resolution: approved unanimously

Subsequent action towards opionions of independent directors: approved unanimously

 

 

 

Mr Shen Yuan Chen has excused himself when BOD proceeded the following agenda as Mr. Chen has expressed his concern of conflict of interests from the following discussion:

Audit committee

Agenda

2021/10/12

1st Committee 12th  meeting

 1. Proposal for issuance and pricing of 1st stage ordinary shares by private placement

2. Proposal for issuance and pricing of 2nd stage ordinary shares by private placement

   

2021/11/02

1st Committee 13th  meeting

 1. Invite private placement subscribers to attend the BOD