Corporate Governance
The Board of Directors
The company’s Board of Directors consists of seven directors (including four independent directors) with a term of three years. The fifth term of the Board of Directors runs from June 29, 2022, to June 28, 2025. The Board of Directors is responsible for guiding the company’s strategy, overseeing the management team, and being accountable to the company and shareholders. Its main duties include deliberating on the company’s operating policies and long-term development plans, reviewing and supervising the implementation of annual financial business plans, auditing budgets and financial statements, establishing internal control systems and assessing their effectiveness, appointing and dismissing senior executives, convening shareholder meetings, and implementing resolutions adopted by the shareholders’ meeting.
Information disclosure on the professional qualifications of the directors, and state of independence of the independent directors
Name |
Gender | Professional qualifications and experiences | State of independence | Number of public companies in which Independent Directors also hold positions |
Director
Fang, Jung-Hsi |
M | . Possesses work experience in commercial, legal, or other areas required by the company business.
. Masters, Department of Materials Science and Engineering, National Tsing Hua University . Previously served as Sales Director of Allied Material Technology Corp., Director of Innolux Corporation, GM of Advanced Optoelectronic Technology., . Is not under any of the circumstances as described in Article 30 of the Company Act. |
Not applicable | None |
Director
Chuang, Hong-Jen |
M | . Possesses work experience in commercial, legal, finance, accounting or other areas required by the company business.
. Masters, Department of Accounting, Soochow University . Previously served as Chairperson of Innolux Corporation, Chairperson of Advanced Optoelectronic Technology., Chairperson of GIS. . Is not under any of the circumstances as described in Article 30 of the Company Act. |
Not applicable | None |
Director
Chang, Deng-Kai |
M | . Possesses work experiences in commercial, legal or other areas required by the company business.
. Masters in Business Administration, Daito Bunka University in Japan. . Previously served as General Director of CEO Office, Chimei Innolux Corporation. Currently, is serving as Chairperson and President of Century Technology (shenzhen) Corporation limited. . Is not under any of the circumstances as described in Article 30 of the Company Act. |
Not applicable | None |
Independent Director
Liu, Shi-Heh |
M | . Possesses work experience in commercial, legal, finance, accounting or other areas required by the company business.
. Masters, Department of Finance, National Taiwan University. . Previously served as Specialist of Taiwan Stock Exchange Corporation, Bureau of Foreign Trade, Sales Vice President of Fubon Securities Co., Ltd., Chairperson of Empire Vision, Chairperson of Unicon Optical Co., Ltd. . Is not under any of the circumstances as described in Article 30 of the Company Act. |
. The Director, his/her spouse, and none of his/her relatives within the second degree of kinship are a Director, Supervisor or employee of the Company or of other affiliated enterprises.
. The Director, his/her spouse, and relatives within the second degree of kinship do not hold Company shares. . Does not hold position as a director, supervisor or employee of a designated company that has a specified relationship with the Company. . Has neither provided business, legal, financial, or accounting services to the Company or its affiliates nor has obtained compensation for the aforementioned services in the most recent two years. . The Independent Director Liu, Shi-Heh meets the independence status. |
None |
Independent Director
Yu, Hsiang-Tun |
M | . Possesses work experience in commercial, legal, finance, accounting or other areas required by the company business.
. Faculty of Business and Commerce, Keio University. . Previously served as Section Manager, Sales Department, Yamaichi Securities Co., Ltd., GM of Singapore Yamaichi Merchant Bank, Section Manager, Trust and Custody Department, Merrill Lynch Japan, Head of Legal Department, PGIM Japan, Deputy Head of International Management Department, Daiwa Securities Group Inc. . Is not under any of the circumstances as described in Article 30 of the Company Act. |
. The Director, his/her spouse, and none of his/her relatives within the second degree of kinship are a Director, Supervisor or employee of the Company or of other affiliated enterprises.
. Holds company shares for 4,000 shares, with shareholding at 0.003%. . Does not hold position as a director, supervisor or employee of a designated company that has a specified relationship with the Company. . Has neither provided business, legal, financial, or accounting services to the Company or its affiliates nor has obtained compensation for the aforementioned services in the most recent two years. . The Independent Director Yu, Hsiang-Tun meets the independence status. |
1 |
Independent Director Charles W. Tu | M | . An instructor or higher in a department related to the business needs of the company in a public or private junior college, college, or university.
. PhD, School of Engineering & Applied Science, Yale University, USA. . Previously served as Researcher, AT&T Bell Labs, Head of Computer Science & Engineering Department, University of California, San Diego. Currently serving as Honorary Professor, University of California, San Diego, Yushan Scholar, National Chung Hsing University. . Is not under any of the circumstances as described in Article 30 of the Company Act. |
. The Director, his/her spouse, and none of his/her relatives within the second degree of kinship are a Director, Supervisor or employee of the Company or of other affiliated enterprises.
. The Director, his/her spouse, and relatives within the second degree of kinship do not hold Company shares. . Does not hold position as a director, supervisor or employee of a designated company that has a specified relationship with the Company. . Has neither provided business, legal, financial, or accounting services to the Company or its affiliates nor has obtained compensation for the aforementioned services in the most recent two years. . The Independent Director Charles W. Tu meets the independence status. |
None |
Independent Director Wang, Shu-Lan | F | . Possesses work experiences in commercial, finance, accounting or other areas required by the company business.
. Master of Business Administration, California Miramar University. . Previously served as Special Assistant to Chairperson, Sunplus Technology Co., Ltd. . Is not under any of the circumstances as described in Article 30 of the Company Act. |
. The Director, his/her spouse, and none of his/her relatives within the second degree of kinship are a Director, Supervisor or employee of the Company or of other affiliated enterprises.
. The Director, his/her spouse, and relatives within the second degree of kinship do not hold Company shares. . Does not hold position as a director, supervisor or employee of a designated company that has a specified relationship with the Company. . Has neither provided business, legal, financial, or accounting services to the Company or its affiliates nor has obtained compensation for the aforementioned services in the most recent two years. . The Independent Director Wang, Shu-Lan meets the independence status. |
None |
Diversity policy of the Board, Specific management goals and State of implementation
Diversity policy of the Board of Directors:
To strengthen corporate governance and promote the sound development of board composition and structure, and to implement the policy of board member diversity, our company adheres to the guidelines on board member diversity policy outlined in the “Practical Guidelines for Corporate Governance.”
Each Board member shall have the necessary knowledge, skill, and experience to perform their duties. To achieve the ideal goals of corporate governance, the overall skills that the board shall possess are as below:
(A)Operation Judgment Skills.
(B)Accounting and Financial Analysis Skills.
(C)Management Administration Skills.
(D)Crisis Handling Skills.
(E)Industry Knowledge.
(F)International Market Perspectives.
(G)Leadership Skills.
(F)Strategic Decision Skills.
The current Board of Directors of our company consists of 7 directors, including 4 independent directors and 3 non-independent directors. All directors are distinguished professionals from industry and academia, possessing diverse and complementary industry experience as well as expertise in finance, accounting, law, and other professional capabilities, in line with the board’s diversity policy and management objectives.
State of implementation:
There are a total of 7 board members for the 10th Board of Directors. The members come from various professional backgrounds in law, industry, finance, marketing, and technology. In their different professional background, they possess various professional skills in business management and leading strategic decisions, operations judgement and crisis handling, accounting and financial analysis skills, industry knowledge, and international market perspectives, exhibiting diverse complementary results. All of the Directors are of Republic of China nationality, and their ages span from 54 to 73 years old. There is 1 director who is concurrently the company’s manager, and the percentage of the directors with employee status stands at 14%, meeting the goal of not exceeding one-third in management overlap. Four independent directors account for the proportion of the board members 57%, surpassing the one-third management target, the board of directors includes 1 female independent director, meeting the management objective of having at least one female director among the board members.
State of implementation on related diversity policy is as in the table below
Name |
Gender | Professional background | Professional skills | ||||||||
Legal | Industry | Finance and accounting | Marketing | Tech | Business management and leading strategic decisions | Operations judgement and crisis handling | Accounting and Financial Analysis Skills | Industry Knowledge | Int’l Market Perspectives | ||
Fang, Jung-Hsi | M | V | V | V | V | V | V | V | V | ||
Chuang, Hong-Jen | M | V | V | V | V | V | V | V | V | V | V |
Chang, Deng-Kai | M | V | V | V | V | V | V | V | V | ||
Liu, Shi-Heh | M | V | V | V | V | V | V | V | |||
Yu, Hsiang-Tun | M | V | V | V | V | V | V | ||||
Charles W. Tu | M | V | V | V | V | V | |||||
Wang, Shu-Lan | F | V | V | V | V | V | V | V |
Specific management goals and achievement status of diversification policies are as follows
Management Goal | Achievement Status |
No more than one-third of the board seats should be held by executive directors. | Achieved |
The board should include at least one female member. | Achieved |
Independent directors should hold more than one-third of the board seats. | Achieved |
Succession planning for board members and key management
1.Succession planning and operation status of board members:
The company adopts a candidate nomination system for the election of directors, and clearly stipulates the diversity policy for board members in the “Corporate Governance Practice
Principle”, including gender, age, nationality, professional knowledge and skills, etc. in the diversity policy. There are a total of 7 board members. Members have professional
backgrounds in law, industry, accounting, marketing and technology, etc., and have different professional backgrounds, such as operation management and leadership decision-making, operational judgment and crisis management, accounting and financial analysis capabilities, industry knowledge and international market perspective, etc. Professional capabilities demonstrate diverse and complementary effects. The composition structure of the
company’s board of directors should include no less than one-third of the directors as independent directors, and directors who also serve as company managers should not exceed one-third of the directors in order to achieve the goal of corporate governance. In order to meet the needs of sustainable operation of the enterprise and implement the operation strategy, directors who are also managers of the company should possess
operational judgment ability, accounting and financial analysis ability, business management ability, crisis management ability, industry knowledge, international market perspective, leadership ability and decision-making capacity. For high-potential talents, the company conducts ability training and performance evaluation through internal and external courses, project experience, job rotation, etc. based on the abilities they should possess to serve as directors, in order to meet the company’s expectations. The company will use the “board
performance evaluation results” as a reference for director nomination and renewal.
2.Succession planning and operation of important management levels:
(1) The company’s human resources department coordinates the establishment of a talent development system. In addition to clearly defining the functional roles and responsibilities, it also conducts systematic education and training, as well as promotion conditions andschedule planning based on the abilities required for each position, and organizes the functional development system structure of managers at all levels. The company conducts talent review from time to time and implements talent development and assessment plans for high-potential talents to develop high-level executive talents needed for the company’s sustainable development. In addition, the company has also included “talent cultivation and development” as one of the key items in the performance evaluation of managers at all levels, and improved the talent cultivation system in conjunction with departmental goals.
(2) Organize high-level executive strategy consensus workshops, conducted twice a year, focusing on annual strategy formulation for future planning. Various thematic courses and discussions are included, with topics such as systems thinking, performance management, talent management, high-performance leadership, organizational change and continuous improvement, change management, strategic thinking and planning, leading business growth, talent development and leadership succession, strategy mapping, and the development and systematization of leadership talent. This enables senior executives to lead their teams and work together with the company towards strategic goals.
(3) The company conducts management capability training for the leadership team every year. Through external industry knowledge, insights into new technologies, and best practice sharing from benchmark companies, participants gain an understanding of the latest management concepts and trends. Internally, the training enhances organizational cohesion by sharing the company’s culture and leadership practices in management. Additionally, through the transmission of experiences and insights, a common organizational goal is established, strengthening the sense of identity and engagement with the company.
3.The company’s talent development training system:
Performance Evaluation of the Board of Directors
The Company’s Board of Directors passed the “Regulations Governing the Performance Evaluation of the Board of Directors” on November 12, 2019, under which it is stipulated that the Board of Directors and individual directors shall be evaluated at least once a year. Performance evaluation may be conducted through internal self-assessment, board member self-assessment, peer assessment, appointment of external professional institutions, experts, or other appropriate methods. The evaluation indicators include include the following five aspects:the level of participation in the Company’s operations, improvement of the quality of decision-making of the Board, composition and structure of the Board, election and continuous education of directors, internal control and so forth. The results of the performance evaluation of the Board of Directors will be reported to the Board of Directors and used as a reference for individual directors’ compensation and nomination for re-election. The performance evaluation results of 2023 have been reported to the Board of Directors on March 12,2024.
The list of the 10th Board of Directors members of our company and their main educational and professional backgrounds are as follows
Mr. Fang, Jung-Hsi Chairman
Master, Dept. of Materials Science and Engineering, National Tsing Hua University
Sales Dept. Head of Allied Material Technology Corp.
Dept. head, Innolux Corp
General Manager, Advanced
Optoelectronic Technology(AOT)
Mr. Chuang, Hong-Jen Director
Master, Dept. of Accounting, Soochow University
Chairman, Innolux Corp.
Chairman, Advanced Optoelectronic
Technology
Chairman, GIS Holding LTD
Mr. Chang, Deng-Kai Director
Master, Dept. of Business Management, Daito Bunka University, Japan
Dept head of CEO office , Chi Mei Optoelectronics Corp.
Mr. Liu, Shi-Heh Independent Director
Master, Dept. of Finance, National Taiwan University
Bureau of Foreign Trade, Ministry of Economic Affairs
Specialist, TSEC
VP of Sales, Fubon Securities Co.,
President, Unicon Optical Co.,
President, Empire Vision Optical
Mr. Yu, Hsiang-Tun Independent Director
B.S., Dept. of Business Academy, Keio University, Japan
Acting Manager, Int’l Business Dept., Yamaichi Securities, Japan
General Manager, Yamaichi Merchant Bank (Singapore) Ltd.,
Section Manager, Trust Custody Dept., Merrill Lynch, Japan
Minister, Management and Legal Dept., Prudential Financial Securities Investment Trust Enterprise, Japan
Vice Minister, Daiwa Asset Management Co. Ltd., Japan
Charles W. Tu Independent Director
Ph.D. of Engineering and Applied Science, Yale University
Researcher of AT&T Bell Labs
Dean of Dept. Electrical & Computer Engineering, UCSD
VC, College of Engineering, UCSD
Ms. Wang, Shu-Lan Independent Director
Master of Business Administration, California Miramar University.
Special Assistant to Chairperson, Sunplus Technology Co., Ltd.
Audit Committee
The company’s Audit Committee is composed of all independent directors (including one financial and accounting expert), with a term of three years. All four independent directors meet the legal requirements for independence, professional qualifications, and experience, and undergo an annual internal performance evaluation of the Audit Committee.
The main purpose of the Audit Committee’s operation is to oversee the following matters
- Fair presentation of the financial reports of this Corporation.
- The hiring (and dismissal), independence, and performance of certificated public accountants of this Corporation.
- The effective implementation of the internal control system of this Corporation.
- Compliance with relevant laws and regulations by this Corporation.
- Management of the existing or potential risks of this Corporation.
- The company conducts mergers and acquisitions in accordance with the Enterprise Merger and Acquisition Law.
The duties and powers of the Audit Committee are as follows
- The adoption of or amendments to 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 endorsements or guarantees for 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 certified public accountant, or their compensation.
- The appointment or discharge of a financial, accounting, or internal audit officer.
- The annual financial report signed or sealed by the chairman, manager and accounting supervisor
and the semi-annual financial report that must be verified and certified by certified public accountant.
- Business reports and proposals for profit distribution or loss appropriation.
- Other material matters as may be required by this Corporation or by the competent authority.
Information of the operation of the Audit Committee
The annual meetings for the 2024 were held five times (A), with the attendance of committee members as follows:
Title | Name | Attendance in Person (B) | By Proxy | Attendance Rate (%)(B/A) | Remarks |
Independent Director |
Liu, Shi-Heh | 5 | 0 | 100% | — |
Independent Director |
Yu, Hsiang-Tun | 5 | 0 | 100% | — |
Independent Director |
Charles W. Tu | 4 | 0 | 80% | — |
Independent Director |
Wang, Shu-Lan | 5 | 0 | 100% | — |
Summary of the main communication aspects between the independent directors and the internal audit chief in the fiscal year 2024
Date | Method of communication | Key points of communication | Results or opinions arising from the communication |
2024/03/12 | Audit Committee | 1. Self-prepared financial statements report..
2. 2023 self-evaluation results report for |
No opinions. |
2024/03/12 | Board of Directors | 1. 2023 Q4 internal audit matters report.
2. Self-prepared financial statements report. 3. 2023 self-evaluation results report for |
No opinions. |
2024/05/09 | Audit Committee | Self-prepared financial statements report. | No opinions. |
2024/05/09 | Board of Directors | 1. 2024 Q1 internal audit matters report.
2. Self-prepared financial statements report. |
No opinions. |
2024/08/12 | Audit Committee | Report on financial statements preparation. | No opinions. |
2024/08/12 | Board of Directors | 1. 2024 Q2 internal audit matters report.
2. Self-prepared financial statements report. |
No opinions. |
2024/11/07 | Audit Committee | Report on financial statements preparation. | No opinions. |
2024/11/07 | Board of Directors | 1. 2024 Q3 internal audit matters report.
2. Self-prepared financial statements report. |
No opinions. |
Summary of the main communication between independent directors and auditors in the fiscal year 2024
Date | Method of communication | Key points of communication | Results or opinions arising from the communication |
2024/03/12 | In-person meetings | Meeting with the governance unit on the completed review for the 2024 Q1 financial statements. | No opinions. |
2024/12/20 | In-person meetings | Meeting with the governance unit on the completed review for the 2024 Q3 financial statements. | No opinions. |
Remuneration Committee
Our Compensation Committee consists of three independent directors serving a term of three years, with a requirement to meet at least twice annually and conduct an annual internal performance evaluation of the committee.
Responsibilities of the Remuneration Committee
- Establishing and periodically reviewing the performance assessment standards, annual and long-term performance goals, and the policies, systems, standards, and structure for the compensation of the directors and managerial officers of the Company.
- Periodically assessing the degree to which performance goals for the directors and managerial officers of the Company have been achieved, setting the types and amounts of their individual compensation.
Information on the operation of the Remuneration Committee
The annual meetings for the 2024 were held twice (A), with the attendance of committee members as follows:
Title | Name | Attendance in
Person (B) |
By Proxy | Attendance Rate in Person
(%)(B/A) |
Note |
Chairman | Liu, Shi-Heh | 2 | 0 | 100% | — |
Member | Yu, Hsiang-Tun | 2 | 0 | 100% | — |
Member | Charles W. Tu | 2 | 0 | 100% | — |
Other noteworthy matters:
I. If the Board doesn’t adopt or amend the Remuneration Committee’s proposals, state the date, period, proposal contents, resolutions of the Board of the Directors, and the Company’s actions in response to the opinions of the Remuneration Committee (If the resolution of compensation by the Board of Directors is better than the one by the Remuneration Committee, state the difference and the reasons): None. II. In cases Remuneration Committee members have dissenting opinions or qualified opinions against the resolution and recorded with notes in paper, the Company shall list date, number of the Remuneration Committee meeting, agenda, all members’ opinion and the follow-up of the members’ opinion: None. |
Internal audit organization operations
The internal audit of the Company is an independent unit, directly subordinate to the board of directors. Its responsibility is to investigate and evaluate the effectiveness of the establishment and implementation of the internal control system, the effectiveness and efficiency of operations, the reliability of reporting and compliance with relevant laws, discover existing or potential deficiencies in a timely manner, and provide improvement suggestions to ensure the continuous and effective implementation of the internal control system.
The audit method is mainly based on the audit plan approved by the board of directors. The audit plan is formulated based on the identified risks. Special audits or reviews are also carried out as necessary to discover possible deficiencies in internal control in a timely manner, provide improvement suggestions, and assist the board of directors and management to achieve set goals and issues audit reports. In addition to regularly reporting the implementation status to the board of directors, it also reports to the chairman and independent directors every month or when necessary.
Internal audit urges each unit to perform internal control self-assessment every year, establish a self-supervision mechanism, and review the self-assessment results of each unit as the main basis for issuing an internal control statement.
The appointment and dismissal of the company’s internal audit manager must be approved by the audit committee in accordance with the law and submitted to a resolution of the board of directors. The appointment, removal, assessment, and remuneration of auditors are in accordance with the company’s “Sustainable Development Best Practice Principles” and signed by the audit manager and then submitted to the chairman of the board for approval.
Intellectual Property Management and enforcement
Intellectual Property Management
In order to promote products and maintain hard-won innovative technologies, the Company has formulated intellectual property strategies that combine the Company’s operational goals and R&D resources, and established an excellent intellectual property right management plan to create an operation model based on the Company’s value, to protect the Company’s R&D outcomes and strengthen our competitive advantage.
- Management of patents
In order to establish an intellectual property right system, the Company has established the intellectual property reward management regulations internally to encourage employees to submit applications for invention patents and continue to accumulate intellectual property rights. The evaluation and review process are conducted through the patent proposal system established by the patent offices within the Group for managing patent proposals, patent search reports, and controlling the quantity and quality of patent applications. Externally, for patent litigation triggered by the lawsuits against the domestic and foreign companies of the LED industry and end customers in the courts of various countries, the Company’s Legal Affairs and Intellectual Property Department will immediately collect relevant information and conduct search and research related patent scopes. The Department will make technical exchanges and discussions with the Technology Development Department and R&D Department and related cooperating manufacturers to confirm if there is also the risk of infringement.
In addition, on the layout of patents, the Company’s patent offices within the Group plan the layout
and application of patents.Regarding the development of new products of the Company, the Technology Development and R&D Department will in the early stage of R&D conduct a prior art search through the Legal Affairs and Intellectual Property Department to avoid patent infringement problems.
In addition, in order to expand the sales scale of products, the Company not only applies for the
patent right itself, but also signs patent licensing contracts with international leading manufacturers to enhance the strength of the Company’s patent right protection, thereby obtaining sales orders and improving business performance.
- Business secret management
The company and all formal employees have signed a confidentiality agreement.
- Implementation:
The Company has introduced the Group’s intellectual property management system since 2010. Major
implementations in recent years are as follows:
- In 2015, introduced the technical asset management system (patent proposal system).
- In 2016, the Company conducted patent inventory and resold valuable patents for useless
technologies in the plant and terminated maintenance on patents with outdated or unusable structural designs.
- In 2016, the Company conducted patent inventory and resold valuable patents for useless
technologies in the plant and terminated maintenance on patents with outdated or unusable
structural designs.
- In 2018, applied for invention patent bonus in the intellectual property field from Market
Supervision and Regulation Bureau of Shenzhen Municipality.
- From 2019 to 2020, the Company conducted another patent inventory, classified the obtained
patented technologies into grades A, B, and C, and eliminated grade C (i.e., low-value or outdated
patented technologies), with a total of 319 cases terminated during the period (61 cases were
converted into monetization) to reduce maintenance expenditure.
- Reviewed the patents for which fees were charged in that year in 2021, and eliminated 20
patents with low value or outdated technology in order to reduce maintenance expenses.
- Reviewed the patents for which fees were charged in that year in 2022, and eliminated 20 patents
with low value or outdated technology in order to reduce maintenance expenses.
- At the beginning of 2023, we conducted a comprehensive review of patents. We eliminated 59
patents related to outdated or non-applicable technologies to reduce maintenance costs.
- In 2023, we filed patent applications for new products and technologies. To support our
subsidiary’s involvement in AR and VR products, Rongchuang and the subsidiary applied for joint
and utility model patents. As of December 31, 2023, a total of 22 new proposals were submitted,
including 15 patents under review in both China and Taiwan, and 4 patents under review in the
United States.
- In 2024, a review of the patents due for payment that year will be conducted, eliminating 10
patents related to technologies that are not in production or application within the company, or
that are outdated, in order to reduce maintenance costs.
- As of the end of September 2024, a total of 81 new product and technology patent applications
have been submitted. Among these, there are 24 joint patent applications (AOT & APK) for both
Taiwan and China, and 20 applications for the United States. AOT submitted 4 patent
applications for Taiwan and China, and 3 for the United States, with 1 application each
for Japan and South Korea.
- As of the end of September 2024, a total of 13 patents have been granted, including 2 invention
patents and 9 utility model patents in Taiwan, and 2 utility model patents in China.
- The list of intellectual property acquired so far and the results are as follows:
As of September 30, 2024, the Company has been granted a total of 1,280 patents worldwide, including 560 patents in Taiwan, 346 patents in China, 315 patents in the United States, and 59 patents in other countries. In 2016,2019-2020, and 2023, patents were inventoried, and some patents were resold or eliminated, as well as expired patents. Patents subject to fees in that year are also reviewed every year thereafter to evaluate whether to continue the maintenance. The total number of patents granted worldwide currently under maintenance is 273 patents, including 102 patents in Taiwan, 58 patents in China, 109 patents in the United States, and 4 patents in other countries.
The implementation status of intellectual property management in 2024 has been reported to the Board of Directors in November 2024.