Corporate Governance

Board of Directors

Board of Directors

The board of directors of Shian Yih prioritizes the interests of the company and all shareholders when conducting business evaluations and making significant decisions. Accountants and independent directors also play a supervisory role, carefully examining the company’s operations and the performance of the board of directors with a cautious attitude.
The board of directors of our company currently consists of nine seats, with three of them held by independent directors. The chairman of the board is elected by the board of directors. Internally, the chairman of the board serves as the chairman of the board of directors, and externally represents the company.
To enhance supervisory responsibilities and strengthen management mechanisms, our company has established an Audit Committee and a Remuneration Committee in accordance with Article 14 of the Securities and Exchange Act.

Profile of Directors

Name Title Main experience (education) Other positions in the Company and other companies
Corporate power investment limitedRepresentat ive: Wang, Hui-Min Chairman
  1. Argyle Secondary High School
  2. Capilano College Applied Information Tech. Certificate 
  3. University of Hertfordshire Bachelor of Arts, Business Administration
  4. President of Shian Yih Electronic Industry Co., Ltd. 
 Chairman of Shian Yih Electronic Industrial Co., Ltd.
Wang, Wei-Sih Director
  1. Dropped out from Department of International Business, Ling Tung University
  2. EMBA, National Chung Hsing University
  3. Chairman of Powertip Technology Corporation
  4. Vice Chairman of Shian Yih Electronic Industry Co., Ltd. 
 Director of Shian Yih Electronic Industry Co., Ltd. and Sheng Yih Investment Co., Ltd.
Cheng Yu Investment Co., Ltd. Representat ive: Teng, Chia-Wen Director
  1. Department of Information and Computer Engineering, Chung Yuan Christian University
  2. Master’s degree, Institute of Computer Science and Engineering, National Chiao Tung University
  3. MBA, National Taiwan University
  4. Assistant Manager, Planning Department, Shian Yih Electronic Industry Co., Ltd.
  5. Software R&D Engineer, BenQ-SIEMES
  6. Software R&D Engineer, Marvell
  7. Production line management, Merry Electronics Co., Ltd.
  8. Chairman of Shian Yih Electronic Industry Co., Ltd. 
 Director of Shian Yih Electronic Industry Co., Ltd., Director of Success Electronic Co., Ltd., SHIAN YIH (SAMOA), FAIR SOME (SAMOA), WISE, Dongguan Fair Lumi Optronics Co., Ltd., and Shian Yih (Dongguan) Electronic Industry Co., Ltd., Chairman of Chian Yih Optotech Co., Ltd.
Chang, Yu-Chang Director
  1.  
  2. Cingshuei Senior High School
  3. Hungkuang University EMBA, Tunghai University
  4. Process Technician, Okaya Electric Industries Co., Ltd. 
  5. Deputy Section Chief of Manufacturing Process, Huga Optotech Inc.
  6. Manager, Department of Quality Assurance of Shian Yih Electronic Industry Co., Ltd. 
 Director of Shian Yih Electronic Industry Co., Ltd., Manager of Manufacturing Department of Shian Yih Electronic Industry Co., Ltd., Supervisor of Dongguan Fair Lumi Optronics Co., Ltd., and Supervisor of Shian Yih (Dongguan) Electronic Industry Co., Ltd.
Yao, Pai-Chou Director
  1. Department of Electronics, Zen Del High School
  2. Vice President of Shian Yih Electronic Industry Co., Ltd.
  3. Supervisor of Shian Yih Electronic Industry Co., Ltd.
 Director of Shian Yih Electronic Industrial Co., Ltd.
Wang, Jih-Chun Director
  1. Bachelor’s degree, Department of Economics, Tunghai University
  2. Tax agent, Local Tax Bureau, Taichung City Government
  3. 23rd Chairman of Rotary Club of Taichung North-West
  4. Executive Director of National Federation of CPA Associations of the R.O.C.
  5. Vice Chairman of Taichung CPA Association 6. Director of Taichung Office of Crowe Taiwan 
 Director and President of Shian Yih Electronic Industry Co., Ltd., Independent Director of Full Wang International Development Co., Ltd.,
Chang, Chia-Hsing Independent Director
  1. Department of Public Finance, National Chengchi University
  2. EMBA, National Chiao Tung University
  3. Clerk of credit extension/credit investigation, Taichung regional center, CTBC Bank
  4. Assistant Manager, Underwriting Department, Grand Cathay Securities Corporation
  5. Manager, Taichung Office, MasterLink Securities
  6. Senior Commissioner, Chairman’s Office, Darwin. Precisions Co., Ltd.
  7. Executive Director/Assistant Manager of Management Department/Chief Financial Officer of Global Material Science Taiwan Co. Ltd.
  8. Supervisor, ACULA Technology Corp.
  9. Instructor of Industrial Technology Graduate Program, Feng Chia University
  10. Instructor of Corporate Leader Program, Asia University, Taiwan 
 Chairman of Tong Hsin Chi Yuan Management Consulting Co., Ltd., Chairman of Dingcheng Investment Co., Ltd., Independent Director of Axman Enterprise Co., Ltd. Independent Director of Yu Chen System Technology Co., Ltd.、Independent Director of Shian Yih Electronic Industry Co., Ltd、Independent Director of YU-CHEN SYSTEM TECHNOLOGY CORP.
Lin, Yu-Sheng Independent Director
  1. Bachelor’s degree, Department of Economics, National Chengchi University
  2. Master of Business, St. Louis University
  3. LL.M., National Chengchi University
  4. Master of Business, National Taiwan University
  5. Chairman of Taishin Investment Development Co., Ltd.,
  6. Vice President of Taishin Leasing and Financing Co., Ltd.,
  7. Securities Analyst of Taishin Securities Investment Consulting Co., Ltd. 
 Supervisor of He Sheng Energy Co., Ltd., Director of IIH Biomedical Venture Fund I Co., Ltd., Director of Tetanti Agribiotech Inc. Director of Xin Yao Biotech Investment Co., Ltd , Director of Jing Ying Investment Co., Ltd., Director of Guoyu Internationality Performing arts Co., Ltd. 、Director of All Win Fintech Company Limited、 President of Taishin Venture Capital Investment Co., Ltd. and Independent Director of Shian Yih Electronic Industry Co., Ltd.
Huang, Lan-Ying Independent Director
  1. Bachelor’s degree, Department of Economics, Fu Jen Catholic University
  2. MBA, Cleveland State University
  3. DBA (majored in international enterprise), Nova Southeastern University
  4. Chair of Department of Business Administration, National Changhua University of Education
  5. Independent Director/Member of Salary and Remuneration Committee of SDI Corporation, Financial Commissioner of Fila Hong Kong
 Professor, Department of Business Administration, National Changhua University of Education, Independent Director of Niching Industrial Corporation and Axman Enterprise Co., Ltd. Independent Director of SDI Corporation, Independent Director of Shian Yih Electronic Industry Co., Ltd

Important Resolutions of the Board of Directors

2025 Important Resolutions of the Board of Directors

2024 Important Resolutions of the Board of Directors

2023 Important Resolutions of the Board of Directors

Professional Qualifications, Experience, and Independence of Independent Directors

Name Condition Independence situation Number of independent directors concurrently serving in other publicly traded companies
Professional qualifications and experience

Chang, Chia-Hsing

(Independent Director)
  1. Master of EMBA, National Chiao Tung University；Former Credit/Loan Officer at Taichung Regional Center, CTBC Bank Co., Ltd.、Assistant Manager, Underwriting Department, Grand Cathay Securities Co., Ltd.、Manager, Underwriting Department, MasterLink Securities Corp.、Senior Specialist, Business Management Office, Forhouse Corporation Ltd.、Executive Director of Business Operations / Chief Financial Officer / Spokesperson, Global Material Science Taiwan Co. Ltd.、Supervisor, ACULA TECHNOLOGY CORP.、Lecturer, Industry-Academia Master’s Program, Feng Chia University、Lecturer, Executive Leadership Program, Asia University.
  2. Currently serving as the Chairman of Tongxing Zhiyuan Management Consulting Co., Ltd., Chairman of Dingcheng Investment Co., Ltd., Independent Director of NICHING INDUSTRIAL CORP., Independent Director of Axman Enterprise Co., Ltd,, and Independent Director of YU-CHEN SYSTEM TECHNOLOGY CORP.
  3.  With rich industry experience and no circumstances as specified in Article 30 of the Company Act.
  4.  Mr. Chang Jiaxing has previously served as a senior executive in banking, securities, and related industries, and successfully completed a factory establishment project in China, with extensive industry experience.
 The three independent directors listed on the left have met the requirements set forth by the Financial Supervisory Commission’s "Regulations on the Appointment and Duties of Independent Directors in Public Companies" and Article 14-3 of the Securities and Exchange Act during the two years prior to their appointment and during their tenure. They have been granted sufficient authority to participate in decision-making and express opinions, allowing them to independently execute their relevant duties. 3

Lin, Yu-Sheng

(Independent Director )
  1. Master's in Finance, Saint Louis University, USA、Master's in Law, National Chengchi University, Taiwan、Master's in Business Administration, National Taiwan University、Former Chairman of Taishin International Investment Development Co., Ltd.、Vice General Manager, TAISHIN LEASING & FINANCING CO., LTD.、Securities Analyst, Taichung Securities Investment Consulting Co., Ltd.
  2. Currently serving as the Supervisor of Shenghe Energy Co., Ltd.、Director,  IIH Biomedical Venture Fund I Co., Ltd.、Director, Tetanti AgriBiotech Inc.Director, SINEW PHARMA INC.Director, Jing Ying Investment Co., Ltd.Director, Guoyu Global Co., Ltd.General Manager, Taishin Venture Capital Co., Ltd,Director (Corporate Representative) of All Win Fintech Company Limit.
  3. With rich industry experience and no circumstances as specified in Article 30 of the Company Act.
  4. Mr. Lin, Yu-Sheng has expertise in law, finance, and business, along with professional capabilities in financial investment and industry research.
 None

Huang, Lan-Ying

(Independent Director )
  1. Master of Business Administration, Cleveland State University, USA、Doctor of Business Administration (Major in International Business), Nova Southeastern University, USA；Former Independent Director / Compensation Committee Member, SDI CORPORATION、Financial Officer, FILA (Hong Kong) Limited、Chair of the Department of Business Administration, National Changhua University of Education.
  2. Currently serving as a Professor in the Department of Business Administration, National Changhua University of Education.、Independent Director, Axman Enterprise Co., Ltd.、Independent Director, SDI CORPORATION
  3. With rich industry experience and no circumstances as specified in Article 30 of the Company Act.
  4. Ms. Huang, Lan-Ying serves as a university professor and has extensive research experience and professional skills.
 2

Board Diversity and Implementation

Diversity and independence of the Board of Directors：

(A) Diversity of the Board of Directors：
Policy

The company promotes and respects the Diversification Policy for the Board to enhance the corporate governance and promotion of the structural completeness, development and the composition of the Board of Directors. The Company believes that the diversified policy will improve the overall operational performance. The election of the board members is based on the principle of meritocracy, thus the board members have diversified complimentary abilities across different fields, including basic composition (such as age, gender and others). They also possess different industrial experiences and related techniques (such as manufacturing, accounting, finance, education, marketing and others), as well as management, leadership, decision-making and other abilities, knowledges and literacies.To enhance the functionality of the board of directors and achieve the ideal goal of corporate governance, Article 20 of our company’s “Corporate Governance Best Practices Guidelines” clearly states the overall capabilities that the board of directors should possess as follows: 

  1. Operation judgment ability.
  2. Accounting and financial analysis ability.
  3. Operation management ability.
  4. Crisis management ability.
  5. Knowledge about the industry.
  6. International perspective on the market.
  7. Leadership.
  8. Decision making ability.
Objective

To enhance the overall knowledge of the highest governance body on economic, environmental, and social issues, and to continuously strengthen the management capabilities of the Board of Directors, the Company organizes two in-house training programs for directors each year. External instructors are invited to deliver the courses. In addition, the Company actively aligns with the Financial Supervisory Commission’s initiatives, including the “Corporate Governance 3.0 – Sustainable Development Blueprint” and the “Sustainable Development Action Plan for TWSE/TPEx Listed Companies.”

The Implementation and the Diversification Policy for the Board Members

Name of Director Nationality Gender Also serve as an employee Age Independent Directors’ Term of Office
41–50 years old 51–60 years old 61–70 years old
Wang, Hui-Min R.O.C. Male V
Wang, Wei-Sih R.O.C. Male V
Teng, Chia-Wen R.O.C. Male V
Yao, Pai-Chou R.O.C. Male V
Chang, Yu-Chang R.O.C. Male V V
Wang, Jih-Chun R.O.C. Male V
Chang, Chia-Hsing R.O.C. Male V Independent directors with a tenure of more than three terms
Lin, Yu-Sheng R.O.C. Male V Independent directors with a tenure of up to three terms
Huang, Lan-Ying R.O.C. Female V Independent directors with a tenure of up to three terms
Name of Director Industrial Experience
Judgements about Operations Accounting and Financial Analysis Ability Business Management Ability Crisis Management Ability Knowledge of the Industry International Market Perspective Leadership Ability Decision-Making Ability
Wang, Hui-Min V V V V V V V V
Wang, Wei-Sih V V V V V V V V
Teng, Chia-Wen V V V V V V V V
Yao, Pai-Chou V V V V V V V V
Chang, Yu-Chang V V V V V V V
Wang, Jih-Chun V V V V V V V V
Chang, Chia-Hsing V V V V V V V V
Lin, Yu-Sheng V V V V V V V V
Huang, Lan-Ying V V V V V V V V
Achievement
  1. The Company’s current Board of Directors consists of nine (9) members, including three (3) independent directors. Directors Hui-Min Wang, Wei-Sih Wang, Chia-Wen Teng, Pai-Chou Yao, and Yu-Chang Chang possess expertise in corporate management and knowledge across diverse industries. Director Jih-Chun Wang has many years of experience working in accounting firms and is a senior certified public accountant with strong capabilities in accounting and financial analysis.
    Independent Director Chia-Hsing Chang has previously served as a senior executive in banking, securities, and related industries, and has led manufacturing plant establishment projects in China. With extensive industry experience, he currently operates a consulting firm and brings the aforementioned professional expertise to the Board. Independent Director Yu-Sheng Lin has backgrounds in law, finance, and business administration, along with professional expertise in financial investment and industry research. Independent Director Lan-Ying Huang is a university professor with extensive research experience and professional skills.
    The diverse experience and competencies of the Company’s directors enable them to provide professional insights from multiple perspectives, which significantly contribute to the Company’s overall operations and governance.
  2. All members of the Board of Directors are nationals of the Republic of China (Taiwan). Independent directors account for 33% of the Board, with tenure lengths of 9 years, 3 years, and 3 years, respectively. Directors who also hold employee status represent 11% of the Board, while female directors account for 11%.
    The age distribution of the Board members is as follows: two (2) directors are between 41 and 50 years of age, four (4) directors are between 51 and 60 years of age, one (1) director is between 61 and 70 years of age, and two (2) directors are aged over 70.
  3. The diversification, complementariness and implementation of the board directors were included in the standards set out in Article 20 of Corporate Governance Best Practice Principles. The company will be amending its diversification policy to meet the functioning of the board of directors, operational model, requirement of development, including but not only in the 2 dimensions of condition and value, professional knowledge and skills, to ensure that the board members have the commonly required knowledge, skills and literacy to perform their duties.
The specific management objectives and attainment status of our company’s diversity policy.
Management Objectives Attainment Status
The number of independent directors exceeds one-third of the total number of directors. Achieved.
The independent directors have not served for more than three consecutive terms. The target has not been achieved; the appointment is planned for the next full board re-election.
One seat held by a female director. Achieved.
Directors concurrently holding managerial positions account for no more than one-third of the total number of board seats. Achieved.
（B） Independence of the Board of Directors：
Policy

The Company has adopted the “Procedures for Election of Directors” as approved by the shareholders’ meeting. Directors are elected by shareholders from the list of director candidates in accordance with the candidate nomination system stipulated in Article 192-1 of the Company Act.
Among the directors, there are relatives within the second degree of kinship: Director Wei-Sih Wang and Director Hui-Min Wang are in a father-and-son relationship.
In addition, the Company has established the “Rules of Procedure for Board Meetings” as approved by the Board of Directors. When a director has a personal interest, or an interest on behalf of a legal entity he or she represents, in any matter to be discussed at a Board meeting, the director shall disclose the material aspects of such interest at the meeting. If there is a concern that the matter may harm the Company’s interests, the director shall abstain from discussion and voting, shall recuse himself or herself during deliberation and voting, and shall not exercise voting rights on behalf of any other director.

Objective

To enhance the effectiveness of Board operations and implement sound corporate governance practices, the Company has established an Audit Committee and a Compensation Committee under the Board of Directors. Both committees are composed entirely of independent directors.
Through professional division of responsibilities and an independent and objective standpoint, these committees assist the Board in decision-making, with the goal of strengthening oversight functions, enhancing management effectiveness, and actively promoting robust corporate governance.

Achievements

The Company’s Board of Directors consists of nine (9) directors, of whom eight (8) are non-employees of the Company, representing 89% of the Board. There are three (3) independent directors, accounting for 33% of the Board, in compliance with Paragraphs 3 and 4 of Article 26-3 of the Securities and Exchange Act.
None of the directors falls under any of the circumstances listed in Article 30 of the Company Act. All independent directors fully comply with the relevant regulations governing independent directors as prescribed by the Financial Supervisory Commission.
For details regarding the implementation of director recusal procedures in cases involving conflicts of interest during 2024, please refer to Chapter II, “Corporate Governance Report,” Section 3, “Status of Corporate Governance Practices,” of this Annual Report.

Director’s Training

Title Name Date of training Host unit Name of the Course Training hours Does the further education comply with the regulations?
Director Wang, Wei-Sih 2025/05/08 Chinese Corporate Governance Association (CCGA) Trump 2.0, the Death of Globalization, and Regional Wars 3 Yes
2025/11/07 Chinese Corporate Governance Association (CCGA) Board Strategy for Cybersecurity Governance and Oversight 3 Yes
Director Teng, Chia-Wen 2025/05/08 Chinese Corporate Governance Association (CCGA) Trump 2.0, the Death of Globalization, and Regional Wars 3 Yes
2025/11/07 Chinese Corporate Governance Association (CCGA) Board Strategy for Cybersecurity Governance and Oversight 3 Yes
2025/12/05 Taiwan Investor Relations Institute Cybersecurity Challenges and Governance Strategies in 2026: A Look at the AI ​​Wave 3 Yes
Director Wang, Hui-Min 2025/05/08 Chinese Corporate Governance Association (CCGA) Trump 2.0, the Death of Globalization, and Regional Wars 3 Yes
2025/11/07 Chinese Corporate Governance Association (CCGA) Board Strategy for Cybersecurity Governance and Oversight 3 Yes
2025/12/19 Chinese Corporate Governance Association (CCGA) International Trends and Best Practices in Corporate Integrity and Executive Accountability 3 Yes
Director Yao, Pai-Chou 2025/05/08 Chinese Corporate Governance Association (CCGA) Trump 2.0, the Death of Globalization, and Regional Wars 3 Yes
2025/11/07 Chinese Corporate Governance Association (CCGA) Board Strategy for Cybersecurity Governance and Oversight 3 Yes
Director Chang, Yu-Chang 2025/05/08 Chinese Corporate Governance Association (CCGA) Trump 2.0, the Death of Globalization, and Regional Wars 3 Yes
2025/07/22 Chinese Corporate Governance Association (CCGA) Sustainability Awareness Workshop – Taichung 3 Yes
2025/11/07 Chinese Corporate Governance Association (CCGA) Board Strategy for Cybersecurity Governance and Oversight 3 Yes
Director Wang, Jih-Chun 2025/05/08 Chinese Corporate Governance Association (CCGA) Trump 2.0, the Death of Globalization, and Regional Wars 3 Yes
2025/11/07 Chinese Corporate Governance Association (CCGA) Board Strategy for Cybersecurity Governance and Oversight 3 Yes
Independent Director Chang, Chia-Hsing 2025/05/08 Chinese Corporate Governance Association (CCGA) Trump 2.0, the Death of Globalization, and Regional Wars 3 Yes
2025/11/07 Chinese Corporate Governance Association (CCGA) Board Strategy for Cybersecurity Governance and Oversight 3 Yes
Independent Director Lin, Yu-Sheng 2025/05/08 Chinese Corporate Governance Association (CCGA) Trump 2.0, the Death of Globalization, and Regional Wars 3 Yes
2025/11/07 Chinese Corporate Governance Association (CCGA) Board Strategy for Cybersecurity Governance and Oversight 3 Yes
Independent Director Huang, Lan-Ying 2025/05/08 Chinese Corporate Governance Association (CCGA) Trump 2.0, the Death of Globalization, and Regional Wars 3 Yes
2025/11/07 Chinese Corporate Governance Association (CCGA) Board Strategy for Cybersecurity Governance and Oversight 3 Yes

Report on Performance Evaluation Results of the Board of Directors and Functional Committees

To enhance corporate governance and improve the functionality of our board of directors, our company has established clear performance objectives to enhance operational efficiency. On December 26, 108, we passed the “Regulations Governing the Performance Evaluation of the Board of Directors” to implement corporate governance effectively.

According to the “Regulations Governing the Performance Evaluation of the Board of Directors,” the board’s performance evaluation is conducted annually, with the assessment for each fiscal year carried out at the end of that year. The evaluation results should be reported to the Compensation Committee and the Board of Directors before the end of the first quarter of the following fiscal year.

Performance Evaluation Report