2024/06/17 By Huang Quanxing of Business Times

The Taiwan Stock Exchange held the 10th "Corporate Governance Assessment" award ceremony for listed companies on the 13th. Radiant Opto-Electronics Corporation was selected into the top 5% of listed companies in the corporate governance assessment and listed in the electronics category with a market value of more than 10 billion yuan. It ranks among the top 10% of cabinet companies and has outstanding performance in the four major aspects of evaluation and about 80 indicators.

This time, 952 listed companies and 754 listed companies were evaluated, a total of 1,706 companies were evaluated, and a total of 48 listed companies won the top 5% honor. The data evaluation period is 2023, mainly from the four major aspects of "maintaining shareholders' rights and treating shareholders equally", "strengthening the structure and operation of the board of directors", "improving information transparency" and "promoting sustainable development", through approximately 80 indicators Examine the governance aspects of each company, and the evaluation results will help companies to compete healthily and strengthen corporate governance levels, and spontaneously shape corporate governance into corporate organizational culture.

In terms of safeguarding shareholders' rights and interests, Radiant reports directors' individual remuneration at regular shareholders' meetings and establishes written standards for financial business-related operations with related parties. In terms of strengthening the structure and operation of the board of directors, more than one-third of the seats are independent directors. There is a sustainable development committee with more than half of the members being independent directors. Risk management is also supervised through functional committees and risk management policies approved by the board of directors are formulated. Policies and procedures have been introduced into ISO 27001, Taiwan Intellectual Property Management System (TIPS), ISO 50001 and ISO 14001, all of which have obtained third-party verification.

In terms of information transparency, the annual financial report that has been verified and certified by accountants shall be published within two months after the end of the fiscal year, and the English version of the financial report shall be disclosed. The individual remuneration of directors shall be voluntarily disclosed in the annual report, and each quarter's operating status shall be held. Corporate briefing session.

In terms of promoting sustainable development, the sustainability report discloses ESG information in accordance with the SASB standards, discloses relevant information on the company's governance of climate-related risks and opportunities, strategies, risk management, indicators and goals according to the TCFD framework, and discloses greenhouse gases. emissions and obtain external verification, and regularly report the status of communication with various stakeholders to the board of directors.

In addition, Radiant Opto-Electronics Corporation has performed well in various sustainability evaluations at home and abroad. The CDP climate change questionnaire received B-level recognition, won the 16th "Arts & Business Awards" of the Ministry of Culture─"Permanent Award-Bronze Award" & "Special Award-Corporate Culture Award", and won the TCSA Sustainability Report for 7 consecutive years, included in the Taiwan Index Company's "High Salary 100 Index" constituent stocks for five consecutive years, won the Ministry of Economic Affairs' Export Processing Zone's "Public Welfare Contribution Award" for five consecutive years, and won the TCSA "Taiwan's Top 100 Model Enterprises Award" for four consecutive years. Selected as one of the "Top 100 Carbon Competitiveness Companies" by Business Week for 2 years, ranked among the top 100 corporate invention patent applications by the Intellectual Property Bureau for 3 consecutive years, continuously obtained Class A certification of the Intellectual Property Management System (TIPS), and obtained the "Sports Enterprise Certification" from the Ministry of Education. ⋯ and other honors and recognitions, Radiant will continue to strengthen corporate governance capabilities and corporate sustainable development, spontaneously promote sustainable development, make this the DNA of corporate organizational culture, and continue to pursue maximizing benefits for shareholders.




NEWS source：https://www.ctee.com.tw/news/20240617701095-431202