investors

Corporate Governance

In order to strengthen the governance, SAI established Compensation Committee in 2011 and Audit Committee in 2017.

Board of Directors

The Board of Directors (BOD) is the top management and highest decision-making body of the company. Its duties and functions include: appoint and supervise the upper management of the company, supervise operational performance, prevent conflicts of interest and assure legal compliance of the company, establish the articles of incorporation or carry out resolutions made by the general meeting of shareholders, and maximize the rights and benefits of shareholders.

Currently, the BOD holds at least one board meeting each quarter for the upper management to report operational performance. The BOD also resolves the future operational direction and important policies of the company.

Position

Name

Highest Education & Other Significant Position

Chairman

Mr. Tsung-jung, Huang

Department of International Business, Feng Chia University
Vice President of Sanhosun Industry

Director

Mr. Lung-cheng, Wei

Lien Ho Industrial and Technological Junior College
President of PVI Chemical Co., Ltd.
Supervisor of IV Technologies Co., Ltd.

Independent Director

Mr. Ding-wang, Jeng

Ph.D. in Accounting, University of Missouri, USA
NCCU former president
Independent Director of TECO Electric & Machinery Co., Ltd.
Managing Director and Independent Director of Asia Pacific Telecom Co.,Ltd.

Independent Director

Mr. Morley Shih

Bachelor of Law of National Taiwan University
Prosecutor, judge and Minister of Justice of the Republic of China
Professor of Department of Financial and Economic Law of Asia University

Independent Director

Mr. Fen-ren, Chien

Ph.D. in Materials Engineering, Brown University, USA
President of U-Neuron Corporation
President of Revasgen Biomedical Inc.
Independent Director of Global Lighting Technologies Inc.
Independent Director of Coretek Opto Corporation
Director of China Crystal New Material Holdings Co., Ltd.
Director of Taiwan Aulisa Medical Devices & Technologies, Inc.

Corporate Director

Jeng-Yi Business Management Concuiltant Co. Ltd.
Rep: Mr. Chang-lin, Lin

Master of Electrical Engineering, Southern California
Vice President of First International Computer
.                                                                                       

Corporate Director

Yung-Ming Investment Co., Ltd.
Rep: Mr. Chi-hsiang, Chang

Computer Science and Information Engineering, Da-Yeh University
Web Director of Multimedia Engineering of Skylink Inc.

Corporate Director

Guang Li Car Co., Ltd.
Rep: Mr. Te-Hsing, Chen

Da-Jia Industrial Senior High School
CEO of Guang Li Car Co., Ltd

Corporate Director

Huei-Chuang Investment Co., Ltd.
Rep: Mr. Chein-Chung, Chu

Doctor of Electrical Engineering of NTU
Technical Advisor of Hong Da Development & Investment Holding Co. Ltd.
Assistant Professor of Graduate Institute of Technology, Innovation &Intellectual Property Management
Assistant Professor of MS Program in Technology Management


Audit Committee

In order to strengthen the governance, SAI established Audit Committee in 2017. The membership of Audit Committee consists of no fewer than three independent directors of the Board.
The Committee meets at least once every quarter. Please consult SAI’s Annual Report and the market observation post system for the relevant year for the number of meetings convened.
The Audit Committee is responsible to review the following major matters:

Tenor: October 19, 2017 to October 18, 2020 

Position

Name

Highest Education & Other Significant Position

Independent Director

Mr. Ding-wang, Jeng

Ph.D. in Accounting, University of Missouri, USA
NCCU former president
Independent Director of TECO Electric & Machinery Co., Ltd.
Managing Director and Independent Director of Asia Pacific Telecom Co.,Ltd.

Independent Director

Mr. Morley Shih

Bachelor of Law of National Taiwan University
Prosecutor, judge and Minister of Justice of the Republic of China
Professor of Department of Financial and Economic Law of Asia University

Independent Director

Mr. Fen-ren, Chien

Ph.D. in Materials Engineering, Brown University, USA
President of U-Neuron Corporation
President of Revasgen Biomedical Inc.
Independent Director of Global Lighting Technologies Inc.
Independent Director of Coretek Opto Corporation
Director of China Crystal New Material Holdings Co., Ltd.
Director of Taiwan Aulisa Medical Devices & Technologies, Inc.
 


Compensation Committee

In order to strengthen the governance, the Board of Directors of SAI decided to establish Compensation Committee in 2011, and appoint the members of Compensation Committee. The membership of Audit Committee consists of three independent directors of the Board.
The Committee meets at least twice a year. Please consult SAI’s Annual Report and the market observation post system for the relevant year for the number of meetings convened.
The Compensation Committee assists the Board in discharging its responsibilities related to compensation and benefits policies, plans and programs, and in the evaluation of SAI’s directors of the Board and executives.

Tenor: June 15, 2016 to June 14, 2019

Position

Name

Highest Education & Other Significant Position

Independent Director

Mr. Ding-wang, Jeng

Ph.D. in Accounting, University of Missouri, USA
NCCU former president
Independent Director of TECO Electric & Machinery Co., Ltd.
Managing Director and Independent Director of Asia Pacific Telecom Co.,Ltd.

Independent Director

Mr. Morley Shih

Bachelor of Law of National Taiwan University
Prosecutor, judge and Minister of Justice of the Republic of China
Professor of Department of Financial and Economic Law of Asia University

Independent Director

Mr. Fen-ren, Chien

Ph.D. in Materials Engineering, Brown University, USA
President of U-Neuron Corporation
President of Revasgen Biomedical Inc.
Independent Director of Global Lighting Technologies Inc.
Independent Director of Coretek Opto Corporation
Director of China Crystal New Material Holdings Co., Ltd.
Director of Taiwan Aulisa Medical Devices & Technologies, Inc.
 


Executives

Position

Name

Highest Education & Other Significant Position

President

Mr. Tsung-jung, Huang

Department of International Business, Feng Chia University
Vice President of Sanhosun Industry

CEO

Mr. Chang-lin, Lin

Master of Electrical Engineering, Southern California
Vice President of First International Computer

Vice President

Mr. Tung-sheng, Chou

Ph.D. in Materials Science and Metallurgy, University of Cambridge, UK
Associate Researcher, China Steel Corporation

Vice President

Mr. Ching-Hai, Kao

Doctor of Materials Engineering, Tsinghua University
CEO of S-Tech Corporation

Vice President

Mr. Guan-bin, Huang

Department of Finance, National Chung Hsing University

 

 


Internal Audit

SAI’s Internal Audit function is an independent unit that reports directly to the Board of Directors. Besides reporting the schedule and outcome of the audit every month, it briefs the Board of Directors during its ordinary meetings.

Functions of Internal Audit

The duty of the Audit Office is to investigate and assess the internal control system and the suitability of operation, effectiveness, and efficiency and make timely recommendations for improvements to ensure that the internal control system is continuously and effectively implemented. The Audit Office also assists the BOD and the management in carrying out their duties.

 Self-inspection Procedures of Internal Control

Apart from the audit description, indication of materiality levels, and proposal of recommendations, a responsible unit will be requested to submit an action plan with an estimated date of improvement completion in the audit report. After the date of improvement completion is due, the improvement will be traced with reference to the action plan.

 Operation of Internal Audit

An internal audit system is planned and designed with reference to the internal control system of individual departments. Based on this internal audit system, the internal control of each process is reviewed, and the suitability of the design, practice, effectiveness, and efficiency of such control are reported. In accordance with regulatory requirements, an internal audit shall be implemented every year to review the self-inspection of the internal control system of individual departments. The scope of audit covers the internal control of the effectiveness and efficiency of operations, the reliability of financial statements, compliance with related laws and regulations, etc.; and assessment of the risk level of operations of individual departments. Based on the audit outcomes, the Audit Office will plan the audit program for the next year and implement the audit with BOD approval.


Important Regulations Download 

Articles of Incorporation

Rules Governing the Conduct of Shareholders’ Meetings
The Procedures for the Election of Directors
Rules and Procedures of Board of Directors Meetings
Rule of Audit Committee
Remuneration Committee Charter
Management of Assets


Management of Endorsement and Guarantees
Procedures for Preventing Insider Trading
Management Operating Evaluation of Manager Performance
Corporate Social Responsibility Best Practice Principles
Corporate Governance Best Practice Principles
Ethical Corporate Management Best Practice Principles

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