Corporate Governance

Board of Directors

CSCC’s 12th Board of Directors is composed of nine directors (including three independent directors). The term of office for the members of the Board begins on June 23, 2023 and ends on June 22, 2025. The primary duties and responsibilities of the Board of Directors include deliberating on major affairs and financial decisions at CSCC, formulating important rules and regulations for CSCC, handling matters related to the appointment and dismissal of managers and CPAs, as well as reviewing the effectiveness of the operation of various functional committees and drawing up strategic directions and implementation approaches accordingly.

CSCC has a diverse membership in the Board of Directors. In general, the age of our directors ranges between 40 and 70 years old. Our non-independent directors have been elected by our corporate shareholders while currently holding or having held the position of senior executives at various listed companies. With a professional background in various areas such as business management, chemical engineering, and factory management, they are able to leverage their strengths and expertise in business management and guide our management team to formulate business strategies. On the other hand, the three independent directors (including a female independent director) are specialists in their own areas as they are made up of an accountant, a lawyer, and an economic research analyst, who can make further contributions to CSCC’s operations.

The Board of Directors meets at least once a quarter. In 2023, a total of six meetings were convened by the Board of Directors, with a 98% attendance rate recorded. Each director has completed the number of training hours required by law. The total remuneration for both directors and managers accounted for 3.33% of our net profit after tax in 2023. The members of our Board of Directors are listed as follows:

CSCC's 12th Board of Directors