- Legal Compliance
- Emphasize Business Integrity
- Respect Intellectual Property Rights
- Implementations of Transparent Information
Board of Directors and Committees
Raydium Semiconductor Corporation (after this referred to as Raydium or the Company) emphasizes corporate governance and is committed to managing its core business. Company operations comply with relevant laws and regulations from the government and prioritize the rights and interests of the Company and all shareholders. Functional committees, including an Audit Committee and a Remuneration Committee, have been set up and membership of which comprise of all Independent Directors. The Audit Committee plays a supervisory role over the Company. It reviews the business implementation of the Company and the Board of Directors with a prudent attitude. Alternatively, the Remuneration Committee takes sound pays and compensation systems for the Directors and managers into consideration, and its recommendations are submitted to the Board meetings for discussion.
Raydium’s management team comprises of all professional managers who are not constrained by short-term management performance, but rather, are actively committed to pursuing for the Company’s sustainable development. In addition, the Company has also established a " Codes of Ethical Conduct for Directors" to put the corporate governance mechanism into practice. And it allows Raydium to achieve long-term profitability and steady growth, which is our promise to all investors.
In order to improve ethical corporate management of the company and establish an overall culture of ethical corporate management, the company's board of directors passed the "Ethical Corporate Management Best Practice Principles," the highest-level corporate ethics policy of the company, in April 2021. This was made in reference to the "Ethical Corporate Management Best Practice Principles for TWSE/GTSM Listed Companies." In accordance with the "Ethical Corporate Management Best Practice Principles" and "Procedures for Ethical Management and Guidelines for Conduct" set by the board of directors, Human Resources and Environmental Health and Safety Center, Finance Center, and Legal Affairs have formed an ethical corporate management team that reports to the board of directors and is responsible for the supervision and implementation of the ethical corporate management policy and prevention plan.
The company's implementation of ethical corporate management involves: online courses on legal ethics compliance, establishment of internal and external feedback boxes for reporting violations of ethical corporate management, and providing complaint channels ( Whistleblower@rad-ic.com ). Through its education and training arm, the company runs the "Ethical Behavior Course" every year to regularly remind colleagues of the company's emphasis on ethical corporate management.
If a serious violation is found or if the company is in danger of severe losses, the company personnel or unit responsible for accepting the case shall immediately notify members of the audit committee in a written report for their action.