Ethical Management
Ethical Management
Ethical management policy
Integrity is the most important core value of Sinopowersemi's culture and a top priority of Sinopowersemi business principles. Sinopowersemi is committed to act ethically in all aspects of our business and will not condone any form of corruption and fraud.The Company has also established the "Ethical Corporate Management Best Practice Principles”, "Code of Ethics" and "Procedures for Handling Material Information" which requires the board of directors, managers and employees to act in compliance with ethical standards based on the corporate philosophy of integrity, transparency and accountability.
To foster an ethical management and sound development. The President Office is the dedicated unit for ethical management. Its responsible for formulating and supervising the implementation of ethical management policies and prevention programs and reporting to the Board of Directors on a regular basis (at least once a year).
The Company regularly conducts education and training on integrity management. For new employees, internal and external laws and regulations related to professional ethics and integrity principles are incorporated in their pre-employment training course to reinforce the education and training in ethical management.
In order to ensure that the conduct of Sinopowersemi meets the high requirements of "Ethical Corporate Management Best Practice Principles" & "Code of Ethics", the Company has provided a channel for reporting irregular business conduct and take legal action in a timely manner. We also protect the legitimate rights and interests of the whistleblower.
The Company conducts courses on issues related to integrity and professional ethics every year. The company educates internal personnel, supervisors, and employees in specific positions on the relevant laws and regulations on "Procedures for Handling Material Inside Information" at least once a year to implement the prevention of insider trading.
Ethical Corporate Management Status in 2024
- The 9th meeting of the 5th Board of Directors has revised and passed the "Procedures for Handling Material Information " to strengthen corporate governance. It is stipulated that the internal personnel of the Company shall not trade it is stock during the closed periods of 30 days before the announcement of the annual financial report and 15 days before the announcement of the quarterly financial report. The securities agent notified the directors 15 or 30 days before the announcement of the financial report (2024/1/24、2024/4/24、2024/7/24 and 2024/10/25).
- In 2024, the company organized internal education and training on integrity management, professional ethics, and prevention of insider trading conducted by the Human Resources department. A total of 100 colleagues completed the training program, accumulating 50 hours in total (100% completion rate for all colleagues). This topic has also been incorporated into the orientation program for new employees, with immediate training provided on the day of their onboarding. In 2024, a total of 9 new employees underwent training, with a duration of 4.5 hours.
- The Company's complaint mailbox for ethical violation received 0 reports.
- The employees of the Company did not violate the ethical corporate management.
- There were no violations of insider trading and no penalties were imposed by supervisors.
- The directors had withdrawn from discussing and voting on the resolutions with personal interest, and there was no circumstance that they exercised their voting rights on behalf of other directors.
- The date of the latest annual report to the board of directors is November 11, 2024.
Investor Relations
E-mail：[email protected]
Tel： +886-3-563-5818
Address：No.6, Duxing 1st Rd., East Dist., Hsinchu City, Taiwan
Securities Agent
MasterLink Securities Corporation
Tel : +886-2-2768-6668
Fax : +886-2-2768-8778
Address：: B1, No.35, Ln.11, Guangfu N.Rd., Songshan Dist., Taipei City, Taiwan