Corporate Governance
Corporate Governance
To enhance the supervisory functions and strengthen the management mechanism, CLC established two non- statutory functional committees (Corporate Sustainability Committee, Risk Management Committee) and two statutory functional committees (Audit Committee, Compensation Committee) under our BoD.
Corporate Sustainability Committee
To implement and facilitate corporate sustainability, the BoD of CLC established “Corporate Sustainability Committee” with six committee members on December 21, 2023, with President as the chair.
The Corporate Sustainability Committee holds at least two committee meetings each year and executes the following responsibilities:
1. Establish the sustainable development policies, goals and implementation plans
2. Promote and develop ESG-related matters
3. Supervise other sustainable development-related tasks as resolved by the BoD
the Operation of Corporate Sustainability Committee
| Members (Position at CLC) |
Name | Date Elected | The First Meeting of the Second Session (July 22th, 2025) |
The Second Meeting of the Second Session (August 12th, 2025) |
Member Attendance (%) (including delegated attendance) |
| Chair Director/ President |
Ching-Biao Chang | July 22th, 2025 | V | V | 100% |
| Director/ Vice President | Mu-Siang Peng | July 22th, 2025 | V | V | 100% |
| Vice President | Zeng-Fu Hou | July 22th, 2025 | V | V | 100% |
| Independent Director | Fu-Hsing Chang | July 22th, 2025 | V | V | 100% |
| Independent Director | Feng-Chih Huang | July 22th, 2025 | V | V | 100% |
| Independent Director | Chung-Lin Chou | July 22th, 2025 | V | V | 100% |
Risk Management Committee
To enhance the risk assessment and strengthen the management mechanism, the BoD of CLC established “Risk Management Committee” with six committee members on December 21, 2023, with President as the chair.
The Risk Management Committee holds at least two committee meetings each year and executes the following responsibilities:
1. Review the risk management policies, procedures, and frameworks
2. Strengthen risk management and urge the implementation status of various risk management measures
3. Supervise other risk management-related tasks as resolved by the BoD
the Operation of Risk Management Committee
| Members (Position at CLC) |
Name | Date Elected | The First Meeting of the Second Session (July 22th, 2025) |
The Second Meeting of the Second Session (August 12th, 2025) |
Member Attendance (%) (including delegated attendance) |
| Chair Director/ President |
Ching-Biao Chang | July 22th, 2025 | V | V | 100% |
| Director/ Vice President | Mu-Siang Peng | July 22th, 2025 | V | V | 100% |
| Vice President | Zeng-Fu Hou | July 22th, 2025 | V | V | 100% |
| Independent Director | Fu-Hsing Chang | July 22th, 2025 | V | V | 100% |
| Independent Director | Feng-Chih Huang | July 22th, 2025 | V | V | 100% |
| Independent Director | Chung-Lin Chou | July 22th, 2025 | V | V | 100% |
Audit Committee
CLC’s Audit Committee supervises the fair presentation of CLC’s financial statements; the appointment (dismissal), independence, and performance of certified public accountants; the effective implementation of CLC’s internal control; the adequacy of internal compliance, procedures, and programs; and control over existing or latent risks.
The Audit Committee holds at least one committee meeting each quarter. In 2024, the Audit Committee held a total of six meetings, with 100% member attendances. Please refer to the CLC Annual Report for more information regarding the committee meetings and member attendance.
| Title | Name | Gender | Education and Experience | Position at CLC | Date Elected |
| Convener | Fu-Hsing Chang | M | Ph.D. in Accounting, National Chengchi University Associate Professor, Chihlee University of Technology Independent Director, YuFo Electronics Co., Ltd. Independent Director, SynCore Biotechnology Co., Ltd. Associate Professor, National Yunlin University of Science and Technology |
Independent Director | 2022.6.10 |
| Member | Feng-Chih Huang | M | Masters in Business Administration, State University of New York Chairperson, AZI Consulting Company Ltd. Independent Director, T-Conn Precision Corporation Executive Vice President, Office of CEO.IB of CTBC Bank Co., Ltd. Senior Manager Corporate Banking, HSBC Bank (China) Company Limited |
Independent Director | 2022.6.10 |
| Member | Chung-Lin Chou | M | Masters in Business Administration, Ming Chuan University Assistant Vice President, Cheng Loong Corp. |
Compensation Committee
CLC’s Compensation Committee establishes, reviews, and assesses the policy, system, standard, and structure regarding the performance evaluation of and compensation for directors and managers and reviews their compensation; and makes recommendations to the board of directors for discussions. The Compensation Committee holds at least two committee meetings each year. In response to the board's re-election, the board appointed three independent directors to be members of the 5th Compensation Committee on June 24, 2022, with Mr. Yung-Chi Wang as the chair. In 2024, the Compensation Committee held two committee meetings, with 100% member attendances. Please refer to the CLC Annual Report for more information regarding the committee meetings and member attendance.
| Title | Name | Gender | Education and Experience | Position at CLC | Date Elected |
| Convener | Fu-Hsing Chang | M | Ph.D. in Accounting, National Chengchi University Associate Professor, Chihlee University of Technology Independent Director, YuFo Electronics Co., Ltd. Independent Director, SynCore Biotechnology Co., Ltd. Associate Professor, National Yunlin University of Science and Technology |
Independent Director | 2022.6.24 |
| Member | Feng-Chih Huang | M | Masters in Business Administration, State University of New York Chairperson, AZI Consulting Company Ltd. Independent Director, T-Conn Precision Corporation Executive Vice President, Office of CEO.IB of CTBC Bank Co., Ltd. Senior Manager Corporate Banking, HSBC Bank (China) Company Limited |
Independent Director | 2022.6.24 |
| Member | Chung-Lin Chou | M | Masters in Business Administration, Ming Chuan University Assistant Vice President, Cheng Loong Corp. |