HTC Investors

Audit Committee

This Committee is established from June 21, 2019. The Committee shall compose of the entire independent directors.

The main function of the Audit Committee is to oversee the following matters:

  • Fair financial reporting of this Corporation.
  • The hiring (and dismissal), independence, and performance of external certified public accountants of this Corporation.
  • The effective implementation of the internal control of this Corporation.
  • Regulatory compliance by this Corporation.
  • The existing or potential risks management of this Corporation.

The powers of the Committee are as follows:

  • The adoption of or amendments of the internal control system pursuant to Article 14-1 of the Securities and Exchange Act.
  • Assessment of the effectiveness of the internal control system.
  • 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 providing endorsements or guarantees to others.
  • Matters in which a director is an interested party.
  • Asset transactions or derivatives trading of a material nature.
  • Loans of funds, endorsements, or provision of guarantees of a material nature.
  • The offering, issuance, or private placement of equity-type securities.
  • The hiring or dismissal of a CPA, or the compensation given thereto.
  • The appointment or discharge of a financial, accounting, or internal audit officer.
  • Annual and semi-annual financial reports.
  • Other material matters as required by this Corporation or by the competent authority.
Chen-Kuo Lin Josef Felder Vincent Thai
  • Member
  • Chair
  • Financial Expert
  • Independent Director