Audit Committee
The Audit Committee helps to supervise the following items:
- 1. Appropriate description of the financial report of the company
- 2. New appointment, conge, qualification, independence and credit of CPA
- 3. Effective implementation of the internal control
- 4. Abidance of relevant laws and regulations
- 5. Existing and potential risks management
Committee list
| Position | Name |
|---|---|
| Independent Director | Huang, Hui-Chu (Chair) |
| Independent Director | Gan, Feng-Yuan |
| Independent Director | Wang, Wai |
- For the resumes of Audit Committee members, please refer to the Board of Directors Profile
Communication among Internal and External Auditors
| Document Title | Download |
|---|---|
| Communication among Internal and External Auditors-2023 | Document |
Remuneration Committee
The Remuneration Committee helps the Board to execute and evaluate overall remuneration and welfare policies, as well as remunerations of directors and managers.
Three independent directors constitute Remuneration Committee and convene at least two meetings a year.
Committee list
| Position | Name |
|---|---|
| Independent Director | Huang, Hui-Chu (Chair) |
| Independent Director | Gan, Feng-Yuan |
| Independent Director | Wang, Wai |
- For the resumes of the members of the Remuneration Committee, please refer to the information of the members of the Board of Directors
Remuneration and Shareholding Policy for Managers
1. Remuneration for Managers:
The remuneration of the company’s managers is linked to performance and is determined based on the company’s performance evaluation processes, the achievement rate of the company’s operational KPI targets (85% performance weight), and the goal performance related to the commitment to Environmental, Social, and Governance (ESG) sustainability principles (15% performance weight). The remuneration plan is approved by the Chairman and subsequently submitted to the Compensation Committee and the Board of Directors for review and final
approval.
2. Shareholding Policy for Managers:
To strengthen the alignment between Xing Innovation Technology managers and shareholders in terms of value creation and to reinforce the company’s commitment to sustainable operations, the company revised the Regulations on Directors’ and Managers’ Compensation and Remuneration in 2024. Under the revised policy, managers are required to hold a certain multiple of their annual base salary in company shares during their tenure. They must achieve the required shareholding amount within five years of being appointed as a manager, thereby establishing a long-term shareholding mechanism for managers.
