Diversity

In order to implement the diversity of board members, the company clearly stated in Article 19 of the "Code of Practice on Corporate Governance" that the composition of the board of directors should consider diversity, and formulated an appropriate diversity policy based on its own operation, operation type and long-term development needs. Board members should also possess the knowledge, skills and qualities necessary to perform their duties.

In order to achieve the ideal goals of corporate governance, the board of directors as a whole should have the following capabilities:

1. Operational judgment ability.

2. Accounting and financial analysis ability.

3. Operation and management ability.

4. Crisis handling capability.

5. Industrial knowledge.

6. The international market view.

7. Leadership.

8. Decision-making ability.

The Company also pays attention to the selection of board members according to the principle of meritocracy, with reference to gender, age, nationality and cultural diversity. 

Independency

The current board of directors consists of 7 directors, including 3 independent directors, accounting for more than 1/3 of the seats on the board of directors. The number of directors with employee status does not exceed 1/3 of the number of directors. All directors and independent directors do not have the family relationship stipulated in Article 26-3, Paragraph 3 of the Securities and Exchange Law. All independent directors have issued a "Declaration of Independent Directors" when they are elected, confirming that they meet the independence qualifications stipulated by laws and regulations. Later, due to the introduction of strategic investors in the company's private placement, Shen Yuan Chen’s independent director's independence was insufficient, and he was naturally dismissed from the position.