Singtex strives to uphold a good corporate governance system, besides obeying various laws and regulations, we also vigorously implement the following principles:
  1. Protecting our shareholders' rights.
  2. Reinforcing the function of the board of directors.
  3. Exerting the function of the audit committee.
  4. Respecting the stakeholders' rights.
  5. Increasing information transparency.

Board of directors


The board of directors consists of 7 directors who serve 3-year terms. To bolster the structure of the board of directors as well as its independence and diversity, in addition to 2 female directors, the board comprises directors with experiences in business, finance, accounting, chemical engineering, patents, and business management. Three of them are independent directors.

Chen Kuo-Chin

Chairman
Leadership, decision-making, business judgment, business management, crisis management, as well as abundant industry knowledge and international market perspective.

Lai Mei-Hui

Director
Committed to CSR and public welfare.

Wang Shu-Fen

Director
Expertise in accounting and financial analysis.

Wang Ya-Kang

Director
Business judgment, crisis management, as well as abundant industry knowledge and international market perspective.

Chen Kan-Nan

Independent director
Expertise in chemical materials, green chemical applications and innovation.

Chen Sheng-San

Independent director
Chemical and intellectual property rights management, deployment, and applications.

Lin I-Pei

Independent director
Expertise in finance, banking, and investment management.

Huang Yao-Tang

Supervisor
Business judgment, crisis management, as well as abundant industry knowledge and international market perspective.

Tsai Shu-Li

Supervisor
Expertise in textile, clothing, technology, innovation and entrepreneurship, strategy, and marketing.

Li Chih-Chang

Supervisor
Expertise in business and textile.

Implementation of diversification policy on the board of directors

Item Director Independent director
Chen Kuo-Chin Lai Mei-Hui Wang Shu-Fen Wang Ya-Kang Chen Kan-Nan Chen Sheng-San Lin I-Pei
Leadership, decision-making, management, judgment, and crisis management ability V V V
Contributing to public welfare V V
Expertise in accounting and financial analysis V V
Expertise in business management V V V V V V
Expertise in chemical engineering and patents V V V V
Item Director Chen Kuo-Chin Director Lai Mei-Hui Director Wang Shu-Fen Director Wang Ya-Kang Independent director Chen Kan-Nan Independent director Chen Sheng-San Independent director Lin I-Pei
Leadership, decision-making, management, judgment, and crisis management ability V V V
Contributing to public welfare V V
Expertise in accounting and financial analysis V V
Expertise in business management V V V V V V
Expertise in chemical engineering and patents V V V V

Important company internal regulations


The Company has stipulated internal regulations according to the laws promulgated by the competent authorities to establish an adequate risk control mechanism and firewall. The important internal regulations are:

Click to download file

Name Download file Name Download file
Articles of Incorporation
 
Procedures for Managing Endorsements/Guarantees
 
Procedures for Acquisition or Disposal of Assets
 
Procedures for Making Loan to Others
 
Rules of Procedure for Shareholder Meetings
 
Rules and Procedures for Board of Directors Meetings
 
Procedures for Handling Material Inside Information and Preventing Insider Trading
 
Regulations Governing the Establishment and Related Matters of Special Committees for Merger/Consolidation and Acquisition
 
Procedures for Election of Directors
 
Corporate Governance Best Practice Principles
 
Name Download file
Articles of Incorporation
 
Procedures for Managing Endorsements / Guarantees
 
Procedures for Acquisition or Disposal of Assets
 
Procedures for Making Loan to Others
 
Rules of Procedure for Shareholder Meetings
 
Rules and Procedures for Board of Directors Meetings
 
Procedures for Handling Material Inside Information and Preventing Insider Trading
 
Regulations Governing the Establishment and Related Matters of Special Committees for Merger / Consolidation and Acquisition
 
Procedures for Election of Directors
 
Corporate Governance Best Practice Principles
 

Ethical business management


1. SINGTEX's Vice President of the General Administrtion Division is responsible for promoting the group's corporate governance matters such as integrity management, anti-corruption, anti-bribery, and compliance with laws and regulations, and reports its implementation to the company's board of directors at least once a year. The implementation status is described as follows:

Board report date Executive instructions
2022/01/12
  1. Promote internal rules and regulations internally, and publish them on the company's internal website to enhance employees' integrity business philosophy and legal compliance concepts, and jointly prevent the occurrence of dishonest behaviors.
  2. Conduct a corruption risk assessment on the company's various operating activities, and set up a clear disciplinary system, and include integrity management in the employee performance appraisal and human resources policy.
  3. There's no violation of the integrity management policy in 2021.

2. Reporting method

Singtex has always upheld integrity to conduct our business activities and we will not tolerate corruption or any form of fraudulent conducts. If you discover Singtex employees or representatives engaging in suspicious behaviors that may be in violation of the Company’s code of ethics, please report them to us, and we will forward the matter to the relevant authorities. Apart from legal requirement, we will ensure the absolute confidentiality of personal information you provide, and we will protect the information by adopting appropriate measures.
You are reminded that:

  1. The information you provide including full name, phone number, and email will be used for the purposes of investigating the grievances during the investigation period. If necessary, Singtex may forward your personal information to our subsidiaries.
  2. You may not knowingly fabricate facts in your report, if you are proven to have intentionally falsified facts, you will be held legally liable.
  3. To help the investigation and resolve the problem, it is imperative that you provide all the necessary information and documents. If the said information and documents are not complete, Singtex will not be able to conduct the investigation.
  4. Relevant contact details provided to you by Singtex may not be disclosed to anyone, neither in whole nor in part. Apart from legal requirement, you may not file a lawsuit based on the contact details between Singtex and you, or use the said contact details for litigation purposes.

If you fully understand and agree with the above information, and you wish to file a grievance, please do so via our grievance email: invest@singtex.com

Name Download file Name Download file
Codes of Ethical Conduct
 
Procedures for Ethical Management and Guidelines for Conduct
 
Name Download file
Codes of Ethical Conduct
 
Procedures for Ethical Management and Guidelines for Conduct
 

Communication between the Company's independent directors and accountants


The accountant must communicate the Company's financial status, overall operating conditions, internal audits, and law amendments to the independent directors at least twice a year.

DateCommunication itemConclusion
2021/03/16 2020 parent company only financial statements, consolidated financial statements, and the latest law amendments Independent directors and supervisors consent with the financial statements
Communication
2021/03/16
2020 parent company only financial statements, consolidated financial statements, and the latest law amendments
Independent directors and supervisors consent with the financial statements

Internal audit


  1. The Company’s audit office is an independent unit that reports directly to the board of directors. Besides attending the board meeting to present its report. the audit office must also report to the chairman, and senior executives from time to time.
  2. The Company has an internal audit system, internal control system, and audit guideline in place. The following year’s audit plan is formulated based on the annual audit outcome and after various risk levels are identified. The audit plan is implemented after receiving approval from the board of directors. Any shortcomings discovered by the audit office are documented, tracked, and submitted to the management to assess the improvement outcome.
  3. The Company and subsidiary organize an internal control system self-evaluation at least once a year. The outcome of the self evaluation is reviewed by the audit office before a consolidated report is presented to the board of directors and senior executives. This is used as the main basis for assessing the validity of the internal control system and for issuing the Statement of Internal Control.
  4. Hiring and dismissing internal auditors: The internal auditors’ performance assessment must be conducted in accordance with the Company’s regulations and reported to the chairman. All recruitment and dismissal-related regulations are disclosed in the Company’s internal regulations web page.
  5. Communication between the independent directors and internal auditors: The Company’s audit office will send the audit report to various independent directors before the end of next month and regularly report to the board of directors.
Date Communication key points Conclusion
2022/08/08 2022Q2 audit report All independent directors and supervisors agree with the audit outcome.
2022/05/05 2022Q1 audit report All independent directors and supervisors agree with the audit outcome.
2022/03/10 2021Q4 audit report All independent directors and supervisors agree with the audit outcome.
2022/01/12 2021Q3 audit report All independent directors and supervisors agree with the audit outcome.
2021/08/10 2021Q2 audit report All independent directors and supervisors agree with the audit outcome.
2021/05/06 2021Q1 audit report All independent directors and supervisors agree with the audit outcome.
2021/03/16 2020Q4 audit report All independent directors and supervisors agree with the audit outcome
Communication
2022/08/08
2022Q2 audit report
All independent directors and supervisors agree with the audit outcome.
2022/05/05
2022Q1 audit report
All independent directors and supervisors agree with the audit outcome.
2022/03/10
2021Q4 audit report
All independent directors and supervisors agree with the audit outcome.
2022/01/12
2021Q3 audit report
All independent directors and supervisors agree with the audit outcome.
2021/08/10
2021Q2 audit report
All independent directors and supervisors agree with the audit outcome.
2021/05/06
2021Q1 audit report
All independent directors and supervisors agree with the audit outcome.
2021/03/16
2020Q4 audit report
All independent directors and supervisors agree with the audit outcome
Chen Kuo-Chin Chairman

Leadership, decision-making, business judgment, business management, crisis management, as well as abundant industry knowledge and international market perspective.

Nationality

Taiwan

Joined Singtex on

1989.03.14

Experience and education

Graduate Institute of Textiles and Clothing
Fu Jen Catholic University Yu Tai Textile Co., Ltd.

Current posts in other Companies

Chairman of the Company Chairman of GFun Industrial Corp. Director of AENEAS ELECTRONICS CO., LTD. Director of He Qian Enterprise Co., Ltd. Director of MAGICTEX APPAREL CORPORATION Director of CAI JUN TEXTILE TECHNOLOGY CO., LTD. YIELD CROWN LTD Representative DIAMOND FORTUNE CORP Representative Singtex Shanghai Co., Ltd. Representative MAGICTEX CO.,LTD Representative ADVANCE WISDOM LTD Representative

ALPHA BRAVE INC Representative CHAMPION LEGEND CORP Representative TIME GLORY CORP Representative SOUTH TO SUCCESS LTD. Representative ADVANCE WIDSON COMPANY LIMITED Representative ALPHA BRAVE COMPANY LIMITED Representative SINGTEC COMPANY LIMITED Representative SINGWIN GARMETNT(CAMBODIA) CO., LTD Representative FOUNDTEX INDUSTRY(CAMBODIA) CO., LTD Representative

Lai Mei-Hui Director

Committed to CSR and public welfare.

Nationality

Taiwan

Joined Singtex on

1989.03.14

Experience and education

Department of Materials and Textiles, Oriental Institute of Technology
Yu Tai Textile Co., Ltd.

Current posts in other Companies

Director of MAGICTEX APPAREL CORPORATION

Wang Shu-Fen Director

Expertise in accounting and financial analysis.

Nationality

Taiwan

Joined Singtex on

2003.11.24

Experience and education

EMBA, National Chengchi University
Manager of Accounting Section, PwC Taiwan

Current posts in other Companies

Independent director of Liwanli Innovation Co., Ltd.
Supervisor of MAGICTEX APPAREL CORPORATION
Supervisor of CAI JUN TEXTILE TECHNOLOGY CO., LTD.

Wang Ya-Kang Director

Business judgment, crisis management, as well as abundant industry knowledge and international market perspective.

Nationality

Taiwan

Joined Singtex on

2019.06.18

Experience and education

Department of Transportation and Communication
Management Science, National Cheng Kung University
Chairman, Taiwan Textile Research Institute

Current posts in other Companies

Independent director, Hua Li Enterprise Co., Ltd.
Independent director, Eclat Textile Co, Ltd.
Company director, Johnson Health Tech
Senior consultant, Taiwan Textile Research Institute

Chen Kan-Nan Independent director

Expertise in chemical materials, green chemical applications and innovation.

Nationality

Taiwan

Joined Singtex on

2019.06.18

Experience and education

PhD, University of Illinois Chicago
Emeritus professor, Department of Chemical and Materials Engineering, Tamkang University

Current posts in other Companies

Emeritus professor, Department of Chemical and Materials Engineering, Tamkang University

Chen Sheng-San Independent director

Chemical and intellectual property rights management, deployment, and applications.

Nationality

Taiwan

Joined Singtex on

2019.06.18

Experience and education

PhD from Department of Chemistry at Kansas State University
Associate professor, National Taipei University of Technology

Current posts in other Companies

Associate professor (part-time), Department of Information and Finance Management,National Taipei University of Technology

Lin I-Pei Independent director

Expertise in finance, banking, and investment management.

Nationality

Taiwan

Joined Singtex on

2019.06.18

Experience and education

PhD, Department of Finance, National Taiwan University
PhD, Department of Agricultural Economics, National Taiwan University
Professor, Department of Finance, Chaoyang University of Technology

Current posts in other Companies

Dean, College of Management, Chaoyang University of Technology
Professor, Department of Finance, Chaoyang University of Technology
Member, Nantou County Government Public Debt Administration Committee

Huang Yao-Tang Supervisor

Business judgment, crisis management, as well as abundant industry knowledge and international market perspective.

Nationality

Taiwan

Joined Singtex on

2019.06.18

Experience and education

Department of International Trade of the College of Management, National Taiwan University

Current posts in other Companies

Chairman, TOTAL INDUSTRIAL
Chairman, Total Applied Material Co. Ltd.
Chairman, SILVER BROTHERS CO., LTD.
Legal representative and supervisor, Evercast Precision Ind. Corp.
Chief consultant, VESTECH TAIWAN CORPORATION

Tsai Shu-Li Supervisor

Expertise in textile, clothing, technology, innovation and entrepreneurship, strategy, and marketing.

Nationality

Taiwan

Joined Singtex on

2019.06.18

Experience and education

PhD, Lally School of Management and Technology, Rensselaer Polytechnic Institute
Professor, Department of Textiles and Clothing, Fu Jen Catholic University
Dean, College of Fashion and Textiles, Fu Jen Catholic University
Dean, College of Human Ecology ,Fu Jen Catholic University
International Director, International Sports Office, Fu Jen Catholic University
Director, EU Centre, Fu Jen Catholic University
Deputy Secretary-General , University Mobility in Asia and the Pacific (UMAP) , Fu Jen Catholic University

Current posts in other Companies

Director, Dong Feng Advertising Co., Ltd.
Chairman, Eastern International Ad.
Independent director, Excelsior Biopharma Inc.
Dean, College of FASHION & TEXTILES, Fu-Jen Catholic University

Li Chih-Chang Supervisor

Expertise in business and textile.

Nationality

Taiwan

Joined Singtex on

2019.06.18

Experience and education

Graduated from Department of Textile Engineering, Asia Eastern University of Science and Technology
Sales, HsienChi Textile Industry Co., Ltd.
Sales manager, Indonesia Qiao Xin Textile Company
Executive assistant to the president of SINGTEX Industrial CO., Ltd.

Current posts in other Companies

Consultant, PT. SELATAN JAYA INDUSTRY INDONESIA )

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電話: +886-2-8512-7888
sales@singtex.com
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joe@singtex.com
Your data will only be used by SINGTEX®.
Consult our Privacy Policy for further information.
Your data will only be used by SINGTEX®
Consult our Privacy Policy for further information.
Taipei Headquarter
Address: No. 10, Wuquan 2nd Road, Xinzhuang District, New Taipei City
Telephone: +886-2-8512-7888
sales@singtex.com
Taoyuan Dyeing and Finishing R&D Center
Address: No. 15-1, Guanyin Lai Ronggong South Road, Taoyuan County
Telephone: +886-3-4761588
joe@singtex.com

Thank you!