Committee

Corporate Governance

Committee

Remuneration Committee
Duties:
1.Periodically reviewing this Charter and making recommendations for amendments.
2.Establishing and periodically reviewing the annual and long-term performance goals for the directors and managerial officers of this Corporation and the policies, systems, standards, and structure for their compensation.
3.Periodically assessing the degree to which performance goals for the directors and managerial officers of this Corporation have been achieved, and setting the types and amounts of their individual compensation.
 
Name Title Education / Experience Current Position
Chih-Yi Chi Convener
  • Ph.D., Harvard University Economics Department
  • National Taiwan University Master in Economics
  • National Cheng chi University Bachelor of Public Finance
  • Associate Professor, National Chung Hsing University Department of Finance and Taxation
  • Director, National Chung Hsing University Accounting Department
  • Associate Professor, National Chung Cheng University Department of Economics
  • Professor, National Chung Hsing University Department of Finance and Taxation
  • Independent Director/ Audit Committee Member/ Remuneration Committee Member, Gourmet Master Co. Ltd.
Sheng-Yung Yang Member
  • Ph.D., Drexel University Finance Department
  • Dean of College of Management, Asia University
  • Head of Finance Department, National Chung Hsing University
  • CEO, National Chung Hsing University EMBA
  • Adjunct Professor of International Business, National Taiwan University
  • Vice President for International Affairs & Dean of International College, Providence University
  • Distinguished Professor, National Chung Hsing University Department of Finance and Taxation
  • Director/ Audit Committee Member/ Remuneration Committee Member, JMicron Technology Corp.
  • Director/ Audit Committee Member/ Remuneration Committee Member/Nominating Committee Member / Risk Management Committee Member,/Corporate Sustainability Committee Member,CTBC Financial Holding Co., LTD.
  • Director/ Audit Committee Member/ Remuneration Committee Member / Risk Management Committee Member, CTBC Bank Co., Ltd.
  • Supervisor, Financial Engineering Association if Taiwan
  • Director, Chinese Robo-Advisor Association Strategic Mentor
  • New Generation College, National Association of Small & Medium Enterprises
  • Supervisor, Taiwan Association of Board Governance
Cheng Li Member
  • Ph.D., Tulane University
  • Associate Professor,Tunghai University Department of Law
  • Attorney, U.S. Federal and New York State
  • Attorney, Lee & Tsai. Attorney at Law
  • Chair of Tunghai University Department of Law and Director of Graduate Institute of Law
  • Advisor of Trade Investigation Commission of the Ministry of Economic Affairs
  • Consultant, International Patent Trademark & Law Office
  • Associate Professor, Tunghai University EMBA Department
  • Associate Professor, Feng Chia University EMBA Department
  • Independent Director/ Audit Committee Member/ Remuneration Committee Member, Rexon Industrial Corp., LTD.
  • Independent Director/ Audit Committee Member/ Remuneration Committee Member,Topkey Corporation
Hui-Yin Chiu Member
  • National Taiwan University Master in Accounting
  • National Chengchi University Bachelor of Accounting
  • Partner CPA, Deloitte & Touche
  • Assurance department manager, Deloitte & Touche
  • Partner CPA, Everwell & Co., CPAs.
  • Partner CPA, F. K. Lin Co., CPAs.
  • Director of Weiyu United Accounting Firm
  • Representative, Li Jung Investment Co., Ltd

Operatioons:
The tenure of the remuneration committee is from May 24,2022 to May 23,2025.As of 2023,4 mettings have held.
Title Name Attendance in Person  By Proxy Attendance Rate (%)
Independent Director Chih-Yi Chi 4 0 100
Independent Director Sheng-Yung Yang 4 0 100
Independent Director Cheng Li 4 0 100
Independent Director Hui-Yin Chiu 4 0 100


Audit Committee

Integrity is Novatech business principle. If you discover any Novatech employees or any representative of Novatech against the principle, please report us via email directly.
Audit Committee MailBox:Audit_Committee@novatech.com.tw


Duties:
1.The adoption of or amendments to the internal control system pursuant to Article 14-1 of the Securities and Exchange Act.
2.Assessment of the effectiveness of the internal control system.
3.The adoption or amendment, pursuant to Article 36-1 of the Securities and Exchange Act, of the procedures for handling financial or business activities of a material nature, such as acquisition or disposal of assets, derivatives trading, loaning of funds to others, and endorsements or guarantees for others.
4.Matters in which a director is an interested party.
5.Asset transactions or derivatives trading of a material nature.
6.Loans of funds, endorsements, or provision of guarantees of a material nature.
7.The offering, issuance, or private placement of equity-type securities.
8.The hiring or dismissal of a certified public accountant, or their compensation.
9.The appointment or discharge of a financial, accounting, or internal audit officer.
10.Annual financial reports signed or sealed by the chairman, a manager or an accounting chief, and financial reports for the second quarter audited and attested by a certified public accountant.
11.Develop a risk management policy and procedures and monitor the operational status of risk.
 
Name Title Education / Experience Current Position
Hui Yin Chiu Convener
  • Education / Experience Current Position Hui Yin Chiu (Convener)
  • National Taiwan University Master in Accounting
  • National Chengchi University Bachelor of Accounting
  • Partner CPA, Deloitte & Touche  Assurance department manager, Deloitte & Touche
  • Partner CPA, Everwell & Co., CPAs.
  • Partner CPA, F. K. Lin Co., CPAs.
  • Director of Weiyu United Accounting Firm
  • Representative, Li Jung Investment Co., Ltd.
Sheng-Yung Yang Member
  • Ph.D., Drexel University Finance Department
  • Dean of College of Management, Asia University
  • Head of Finance Department, National Chung Hsing University
  • CEO, National Chung Hsing University EMBA.
  • Adjunct Professor of International Business, National Taiwan University
  • Vice President for International Affairs & Dean of International College, Providence University
  • Distinguished Professor, National Chung Hsing University Department of Finance and Taxation
  • Director/ Audit Committee Member/ Remuneration Committee Member, JMicron Technology Corp.
  • Director/ Audit Committee Member/ Remuneration Committee Member /Nominating Committee Member / Risk Management Committee Member, /Corporate Sustainability Committee Member,CTBC Financial Holding Co., LTD.
  • Director/ Audit Committee Member/ Remuneration Committee Member / Risk Management Committee Member, CTBC Bank Co., Ltd.
  • Supervisor, Financial Engineering Association if Taiwan
  • Director, Chinese Robo-Advisor Association Strategic Mentor
  • New Generation College, National Association of Small & Medium Enterprises
  • Supervisor, Taiwan Association of Board Governance
Chih-Yi Chi Member
  • Ph.D., Harvard University Economics Department
  • National Taiwan University Master in Economics
  • National Cheng chi University Bachelor of Public Finance
  • Associate Professor, National Chung Hsing University Department of Finance and Taxation
  • Director, National Chung Hsing University Accounting Department
  • Associate Professor, National Chung Cheng University Department of Economics
  • Professor, National Chung Hsing University Department of Finance and Taxation
  • Independent Director/ Audit Committee Member/ Remuneration Committee Member, Gourmet Master Co. Ltd.
Cheng Li Member
  • Ph.D., Tulane University
  • Associate Professor,Tunghai University Department of Law
  • Attorney, U.S. Federal and New York State
  • Attorney, Lee & Tsai. Attorney at Law
  • Chair of Tunghai University Department of Law and Director of Graduate Institute of Law
  • Advisor of Trade Investigation Commission of the Ministry of Economic Affairs
  • Consultant, International Patent Trademark & Law Office
  • Associate Professor, Tunghai University EMBA Department
  • Associate Professor, Feng Chia University EMBA Department
  • Independent Director/ Audit Committee Member/ Remuneration Committee Member, Rexon Industrial Corp., LTD.
  • Independent Director/ Audit Committee Member/ Remuneration Committee Member,Topkey Corporation

Operatioons:
The tenure of the remuneration committee is from May 24,2022 to May 23,2025.As of 2023,11 mettings have held.
Title Name Attendance in Person  By Proxy Attendance Rate (%)
Independent Director Chih-Yi Chi 11 0 100
Independent Director Sheng-Yung Yang 11 0 100
Independent Director Cheng Li 11 0 100
Independent Director Hui-Yin Chiu 11 0 100

Nomitating Committee
Duties:
1.Laying down the standards of independence and a diversified background covering the expertise, skills, experience, gender, etc. of members of the board and finding, reviewing, and nominating candidates for directors based on such standards.
2.Establishing and developing the organizational structure of the board and each committee, and evaluating the performance of the board and the independence of the independent directors.
3.Establishing and reviewing on a regular basis programs for director continuing education.
4.Reviewing corporate governance guidelines of the Company.
 
Name Title Education / Experience Current Position
Sheng-Yung Yang Convener
  • Ph.D., Drexel University Finance Department
  • Dean of College of Management, Asia University
  • Head of Finance Department, National Chung Hsing University
  • CEO, National Chung Hsing University EMBA
  • Adjunct Professor of International Business, National Taiwan University
  • Vice President for International Affairs & Dean of International College, Providence University
  • Distinguished Professor, National Chung Hsing University Department of Finance and Taxation
  • Director/ Audit Committee Member/ Remuneration Committee Member, JMicron Technology Corp.
  • Director/ Audit Committee Member/ Remuneration Committee Member / Risk Management Committee Member,/Corporate Sustainability Committee Member,CTBC Financial Holding Co., LTD.
  • Director/ Audit Committee Member/ Remuneration Committee Member /Nominating Committee Member / Risk Management Committee Member, CTBC Bank Co., Ltd.
  • Supervisor, Financial Engineering Association if Taiwan
  • Director, Chinese Robo-Advisor Association Strategic Mentor.
  • New Generation College, National Association of Small & Medium Enterprises.
  • Supervisor, Taiwan Association of Board Governance
Chin-Li Liang Member
  • EMBA, National Chiao Tung University
  • Department of Electrical Engineering – Refrigerating and Air-conditioning, Taipei Tech
  • Manager, Engineering Department, Gongshan Airconditioning and Refrigerating Co., Ltd
  • Chairman/CEO, Acter Co., Ltd.
  • Chairman, Nova Technology Corp.
  • Chairman, Her Suo Eng.,Co., Ltd.
  • Chairman, Acter Technology Integration Group Co., Ltd
  • Director, Sheng Huei (Shenzhen) Engineering.,Co., Ltd.
  • Director, Shenzhen Dingmao Trade Co., Ltd.
  • Director, Sheng Huei International Co., Ltd. Corporate
  • Director, Acter International Limited Corporate
  • Director, New Point Group Limited Corporate
  • Director, Acter Technology Singapore Pte., Ltd
  • Director, Acter Technology Malaysia Sdn. Bhd.
  • Chairman, Winmax Technology Corporation
  • Director/President, Fengze Engineering Co., Ltd.
  • Chairman, Winmega Technology Corp.
  • Chairman, Suzhou Winmax Technology Corporation
  • Director, Novatech Engineering & Construction Pte Ltd.
  • Director, Sheng Huei (Vietnam) Engineering Co., Ltd.
  • Chairman, Acter Technology Co., Ltd.
  • Director, Waste Recovery Technology Inc.
  • Chairman, Rayzher Industrial Co., Ltd.
Bi-Hui Wu Member
  • National Chung Hsing University College of Management Master Program
  • Feng Chia University Department of International Busienss
  • General manager, Long King Leather Products Co., Ltd.
  • General manager, Linglu Composite Building Material (shanghai) Co., Ltd.
Wei Ma Member
  • Lunghwa Vocational Institute-Department of Mechanical Engineering 
  • Chairman, Winmax Technology Corp.
  • Chairman, Suzhou Winmax Technology Corp.
  • Supervisor, Winmega Technology Corp. 
  • President/ Director/ Nominating Committee Member, Nova Technology Corp.
  • Director, Fengze Engineering Co., Ltd.
  • Director, Rayzher Industrial Co., Ltd.
  • Chairman, Dadewin Technology Corp.
Chih-Yi Chi Member
  • Ph.D., Harvard University Economics Department
  • National Taiwan University Master in Economics
  • National Cheng chi University Bachelor of Public Finance
  • Associate Professor, National Chung Hsing University Department of Finance and Taxation
  • Director, National Chung Hsing University Accounting Department
  • Associate Professor, National Chung Cheng University
  • Professor, National Chung Hsing University Department of Finance and Taxation
  • Independent Director/ Audit Committee Member/ Remuneration Committee Member, Gourmet Master Co. Ltd.
Cheng Li Member
  • Ph.D., Tulane University
  • Associate Professor,Tunghai University Department of Law
  • Attorney, U.S. Federal and New York State
  • Attorney, Lee & Tsai. Attorney at Law
  • Chair of Tunghai University Department of Law and Director of Graduate Institute of Law
  • Advisor of Trade Investigation Commission of the Ministry of Economic Affairs
  • Consultant, International Patent Trademark & Law Office
  • Associate Professor, Tunghai University EMBA Department
  • Associate Professor, Feng Chia University EMBA Department
  • Independent Director/ Audit Committee Member/ Remuneration Committee Member, Rexon Industrial Corp., LTD.
  • Independent Director/ Audit Committee Member/ Remuneration Committee Member,Topkey Corporation
Hui Yin Chiu Member
  • National Taiwan University Master in Accounting
  • National Chengchi University Bachelor of Accounting
  • Partner CPA, Deloitte & Touche
  • Assurance department manager, Deloitte & Touche
  • Partner CPA, Everwell & Co., CPAs.
  • Partner CPA, F. K. Lin Co., CPAs.
  • Director of Weiyu United Accounting Firm
  • Representative, Li Jung Investment Co., Ltd

Operatioons:
The tenure of the remuneration committee is from May 24,2022 to May 23,2025.As of 2023,1 mettings have held.
Title Name Attendance in Person  By Proxy Attendance Rate (%)
Independent Director Chih-Yi Chi 1 0 100
Independent Director Sheng-Yung Yang 1 0 100
Independent Director Cheng Li 1 0 100
Independent Director Hui-Yin Chiu 1 0 100
Director Chin-Li Liang 1 0 100
Director Bi-Hui Wu 1 0 100
Director Wei Ma (note) 0 0 0

note.On May 31, 2023,Acter Co., Ltd., a legal entity director, reassigned Ma Wei as a director.
Title Download
Remuneration Committee Charter
Remuneration Committee Resolutions
Audit Committee Charter
Audit Committee Resolutions
Nominating Committee Charter
Nominate Committee Resolutions

Contact Information

Spokesman
Acting Spokesperson
Stock Agency
  • KGI Securities
  • 5/F, No. 2 Chung Ching South Road, Section 1, Taipei, Taiwan, ROC
  • Tel: +886-2-23892999
  • Fax: +886-2-23891878
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