The highest governance unit of the company is the Board of Directors, which has three functional committees: the Compensation Committee, the Audit Committee, and the Corporate Sustainability Development Committee. The Board of Directors has a sound governance structure that helps the company fully grasp business strategies and operational performance, respond to various risk changes, and create sustainable value. In 2024, the company's corporate governance performance was recognized in the 10th "Corporate Governance Evaluation," ranking in the top 6-20%. We continue to build a sound governance structure, consistently strengthening corporate governance goals, and achieving them through several internal policies.
| Department | Functions |
| Server and High Power Business Unit (abbreviated as SH Business Unit) |
Organize the R&D, business management, material purchasing, production management, and after sales services for high wattage products of the Company, such as the power supply for desktop computers, game consoles, workstations, servers, storage devices, and satellite communications. |
| Mini Power Business Unit (abbreviated as MP Business Unit) |
Organize the R&D, business management, material purchasing, production management, and after sales services for low wattage products of the Company, such as the power supply for notebooks, printers, smart homes, and consumer products. |
| LED Business Unit | Organize the R&D, business management, material purchasing, production management and after sales services for LED application products of the Company. |
| Magnetics Business Unit (abbreviated as MAG Business Unit) |
Organize the R&D, business management, material purchasing, production management and after sales services for the magnetic component products of the Company. |
| Intelligent System Technology Business Unit (abbreviated as IST Business Unit) |
Organize the R&D, business management, material purchasing, construction management and after sales services for the intelligent buildings of the Company. |
| Procurement Center | Organize the purchase of materials for various products. |
| Quality Center | Organize the quality control, parts engineering, safety certification, and the customer management for after–sales service. |
| Technical Center | Integrate and make flexible use of the technology resource of the Company, assist each business unit for technology development and have the technology transferred to each unit. Long-term development of new technology to accumulate the technology capability. |
| Financial Center | Organize the finance, accounting, stock affairs, custom affairs and the import/export business. |
| Administration Management Division | Organize the human resource, general administration, ethical management and sustainable development business. |
| Occupational Safety Office | Discuss, plan, monitor and implement the industry safety and health management matters. |
| MIS Division | Organize MIS and cyber security of the Company. |
| Audit Office | Audit and evaluate the internal control system of the Company, and the implementation of all regulations and systems. |
The Corporate Sustainability Development Committee is responsible for setting and reviewing the company’s sustainability policies, systems, and related management guidelines, reporting annual sustainability performance and subsequent work plans to the Board of Directors at least once a year. The Board supervises the formulation and execution of the company’s sustainability management policies, strategies, and goals. The Board reviews the submitted reports and, if necessary, urges adjustments.
1. Operations of "Sustainable Development," "Ethical Business," "Stakeholder Communication," and "Risk Management Policies and Procedures" for 2024:
Summary of sustainable development operations:
2. Progress Report on the Greenhouse Gas Inventory and Assurance.
3. Formulation of the Company’s Internal Control System for Sustainable Information.
4. Development of the Company’s Guidelines for the Preparation and Reporting of the Sustainability Report.
5. Plan for Key Corporate Sustainability Work Initiatives for 2025.
The company has a Board-approved 《Risk Management Policies And Procedures》,with the General Manager responsible for overseeing the promotion and operation of the risk management plan. Various departments have designated units responsible for promoting risk management related to their respective business areas. Risk is assessed annually and reported to the Board of Directors. The company conducts risk assessments of significant issues related to the materiality principle of the sustainability report and formulates relevant risk management policies or strategies based on these assessments.
Every year the "Corporate Sustainability Development Committee" and the Board of Directors reported on major environmental, social, and governance (ESG) issues and the related risk management operations and execution results.
※For details, please refer to the attached document:Risk Management Operations...DownloadChicony Power follows the Responsible Business Alliance (RBA) standards and the "Ethical Behavior Guidelines" for listed companies, covering anti-corruption, insider trading, intellectual property rights, and proper disclosure and preservation of information according to regulations. To enhance employee ethics and regulatory compliance awareness, Chicony Power has made the "Ethical Behavior Guidelines" a mandatory course for all employees, with ongoing annual training to deepen ethical standards. The management is expected to lead by example. Besides showcasing professional capabilities, all employees must demonstrate ethical conduct. An internal control self-assessment is conducted annually to evaluate employee awareness of the ethical behavior guidelines, strengthening the effectiveness of the internal control environment.
In 2023, the company held internal and external training on ethical business and commercial ethics, including 122 new hires in Taipei, 4 sessions with 198 participants at the Dongguan factory, 4 sessions with 1,056 participants at the Suzhou factory, and 5 sessions with 594 participants at the Chongqing factory, totaling 14 sessions with 1,970 participants. (Due to the busyness of construction and relocation in Thailand, no additional training was conducted in 2023, covering 80% of operating locations.)
To ensure the integrity of ethical business practices, an Ethical Business Promotion Group consisting of administrative, financial, and audit personnel is responsible for formulating, supervising, and implementing ethical business policies and preventive measures, reporting to the Board of Directors annually.
1. Formulating anti-fraud measures to ensure ethical business.
2. Developing measures to prevent unethical behavior.
3. Planning internal organization, staffing, and functions, ensuring mutual supervision and checks and balances./p>
4. Promoting and coordinating the implementation of ethical policy training.
5. Planning the whistleblowing system and ensuring its effective execution.
6. Assisting the Board of Directors and management in auditing and assessing the implementation of ethical business practices.
※For details, please refer to the attached document:Company's Integrity Management...DownloadTo safeguard the company’s reputation and protect assets, prevent corruption, theft, misappropriation, or other illegal activities, and protect the rights of the company, employees, and partners, Chicony Power provides official channels for employees and partners to report illegal activities, aiming to handle complaints effectively, deter illegal actions, and avoid the inconvenience caused by unfounded anonymous letters, thereby maintaining the company’s and law-abiding individuals' reputation and rights.
1. Complaint Mailbox: 30F, No. 69, Sec. 2, Guangfu Road, Sanchong District, New Taipei City, 241
2. Complaint Email: Hotline@chiconypower.com
Establishment of a 『Regulations for Reporting and Complaint-filing Management』, outlining the whistleblowing procedure:
3. The investigation standards for whistleblowing cases are clearly defined, with the head of the Administration Department responsible for handling, investigating, and responding to complaints while ensuring the whistleblower’s identity and the content of the complaint are kept confidential.
4. Protecting whistleblowers from inappropriate treatment due to their complaints, ensuring the confidentiality of their identity and complaint content.
※ In 2023, Chicony Power had no incidents related to unethical business practices.（bribery, corruption, collusion, etc.）The company’s website includes a section on sustainable development and corporate governance, allowing stakeholders to understand the company’s sustainability progress and governance status. It also provides contact channels for stakeholders, to share concerns and receive appropriate responses. The annual report to the Board includes a review of sustainability initiatives and stakeholder communication.
Every year the Corporate Sustainability Development Committee and the Board reported on the company's stakeholder communication activities.
※For details, please refer to the attached document:Stakeholder communication and execution...DownloadScope: This includes employees, customers, suppliers, and related operational information and data.
Objective: To ensure information security, the company has established relevant rules and regulations, applied technology and data security standards, and integrated them into the management system to protect the privacy and security of employees, suppliers, and customers during business interactions.
1. To implement standardized policies for information security management, the company has established an "Information Security Management Committee" to promote related work. The highest executive of the Information Department serves as the Information Security Convener, leading and planning, with all relevant business units cooperating to ensure the effectiveness of the company’s information security management operations.
2. The committee is responsible for formulating and regularly reviewing the information security management policies.
3. The committee meets regularly to review the implementation and reports annually to the General Manager on the results and review.
1. Establish and continuously improve the information security management system.
2. Provide necessary resources and appropriately allocate responsibilities and powers.
3. Ensure the confidentiality, integrity, and availability of the company's information.
4. Comply with laws and regulations.
1. Maintain the effectiveness of the information security management system.
2. Ensure the security, integrity, and accuracy of information assets.
3. Ensure sufficient resources for information security management.
4. Ensure business continuity and disaster recovery capabilities in case of information security incidents.
5. Strict Compliance with Laws and Regulations
To ensure the continuous protection of customer privacy and confidential information on the foundation of excellent information security management, the company implemented the "ISO 27001:2013" Information Security Management System in 2023. An information security policy and four-tier management documents were established, with ISO 27001 certification regularly obtained. Chicony Power's headquarters passed the ISO 27001:2013 Information Security Management System international standard certification, valid from 2023/08/02 to 2025/10/31...Download the certificate
※For details, please refer to the attached document:The Disclosure of Information Security Risk Management Framework...Download