德淵企業

Tex Year Products

GOVERNANCE

Board of Directors

The board of directors of our company is comprised of nine directors with extensive management, professional competence, or academic experience, among which two are independent directors. The term of office for the directors is three years with the incumbent eligible for re-election. Elections for directors and supervisors must be held in accordance with Article 13 of the Articles of Association under the candidate nomination system. 
The term of office for the current board of directors lasts from June 27, 2016 to June 26, 2019; for further information, please refer to the chart provided below.

Job titleNameEducation & working experience
ChairmanTim Lin台北工專化工科
General Manager of Tex Year Industries Inc.
DirectorJ.T.Hsiao台灣大學商學系學士
Chairman of Tex Year Industries Inc.
DirectorLi Hung Huang台灣大學森林研究所碩士
Chairman of Wood Glue Industrial Co.,Ltd.
DirectorCheng Shu LaiChairman of National Petroleum Co., Ltd.
DirectorCheng Jen Chen高雄大學碩士
越南大同奈陶瓷工業(股)總經理
DirectorAdhesive Technologies,Inc.
President:Peter Sterling Melendy
MBA from Amos Tuck School of Finance
Adhesive Technologies, Inc. President
DirectorDonald HsiaoBachelor degree, Department of Chemistry National Tsing Hua University
MBA, Columbia Business School in New York City
General Manager of Tex Year Fine Chemical Co., Ltd. 
General Manager of Tex Year (Hong Kong) Ltd.
Independent directorWen Pin Weng國立台灣大學材料科學與工程學研究所博士
龍華科技大學化工與材料工程系主任
Independent directorChung Ping Wang廣州暨南大學會計系博士
Supervisor Of Addcn Technology Co., Ltd
Supervisor Of  Saint-Fun International Co.,Ltd

Diversified Policies

Article 20 of Chapter 3 of the company's "Code of Corporate Governance" has expressly provided for     diversity among board members.

  • Chapter 3
    Strengthen the Functions of the Board of Directors 
  • Article 20
    The board of directors of the company shall guide the company's strategy, supervise management, and be responsible for the company and its shareholders. For various operations and arrangements under the corporate governance system, the board of directors shall exercise his/her rights in accordance with the existing laws & regulations, the articles of association, and the resolutions     generated from the shareholder's meeting.

    The structure of the board of directors of the company shall be comprised of more than 5 suitable board members in accordance with the company's business development scale, major shareholder conditions, and practical operational requirements. 

    The composition of the board of directors shall be diversified and it is not advisable to have more than one-third of the board of directors holding double duties as a company manager and as a board member. In addition, diversified guidelines shall be developed in accordance with business operations, type of operations, and developmental needs, which shall include but not limited to the two major standards provided below: 
    • I. Basic Conditions & Values : gender, age, nationality, and culture.
    • II. Expertise and Skills : professional backgrounds (e.g. law, accounting, industry, financing, marketing, or technology), professional skills, and industry experiences.
    Board members shall generally have the knowledge, skills, and aptitudes for performing their duties. In order to achieve the ideal objectives of corporate governance, the entire board of directors shall have the capabilities provided below:
    • I. Business Operation Judgment
      II. Accounting and Financial Analysis
      III. Business Management
      IV. Crisis Management
      V. Industry Knowledge
      VI. Global Market Perspective
      VII. Leadership
      VIII. Decision-making

For diversified policies, please refer to the table provided below. 

Name Of DirectorGenderOperation Managementleadership Decision MakingIndustry KnowledgeFinance Accounting
Tim LinMale
 
J.T.HsiaoMale
 
Li Hung HuangMale
 
Cheng Shu LaiMale
 
Cheng Jen ChenMale
 
Adhesive Technologies,Inc.
President:Peter Sterling Melendy
Male
 
Donald HsiaoMale
 
Wen Pin WengMale
 
Chung Ping WangMale
 

Important resolutions from the Board of Directors

106年度

日期重要決議事項
106/11/13
  1. Acknowledgment of the “2017 Second Remuneration Committee Conference Settlement”
  2. Acknowledgment of the “2018 Audit Plan”
  3. Amendment to the “Internal Control System”
  4. Recognition of the Certified Public Accountants Independence
  5. Acknowledgment of the “2018 Business Operation Plan”
  6. Discussion of the “2018 Remuneration Proportion Between Employees and Directors & Supervisors”
  7. Discussion of the “Endorsed Guarantee Credit Limit for Subsidiary Companies”
  8. Discussion of the “Loan and Credit Limit with Affiliated Companies”
  9. Discussion of the “Incremental Bank Credit Limit”
106/08/11 
  1. Discussion of the “Credit Limit Endorsement with Subsidiary Companies”
  2. Discuss of the “Loan and Credit Limit Endorsement with Affiliated Companies”
  3. Discussion of the “Bank Credit Limit Alteration”
  4. Discussion of the “Incremental Investment in Tex Year Europe Sp. z o. o.”
  5. Discussion of the “Amendment to Capital Loan For Others' Operation” 
  6. Alleviation of the “Non-Compete Restrictions on Managers”
106/05/12
  1. Discussion of "Corporate Governance Code Updates"
  2. Acknowledgment of the "Bank Credit Limit Renewal"
  3. Discussion of the "Credit Limit Endorsement with the Subsidiaries"
  4. Amendment to the "Incremental Investment in Shanghai Chuangchih Environmental Technology Company"
106/03/29
  1. Acknowledgment of “2016 Annual Financial Statements and Consolidated Statements & Business Reports”
  2. Acknowledgment of the “2016 Annual Internal Control System Declaration”
  3. Acknowledgment of the “2017 1st Remuneration Committee Conference Settlement”
  4. Amendment to the “Articles of Association”
  5. Discussion of “2016 Employees, Directors & Supervisors Remuneration”
  6. Discussion of “2016 Earning Per Share (EPS) Allocation”
  7. Amendment to the “Credit Limit Endorsement Management Measures”
  8. Amendment to the “Asset Obtaining or Disposing Procedures”
  9. Amendment to the “Directors and Supervisors Election Measures”
  10. Discussion of the “2017 Shareholder's Meeting”
  11. Discussion of the “Credit Limit Endorsement with Subsidiaries”
  12. Discussion of the “Credit Limit Endorsement Authorized by the Chairman of the Board”
  13. Discuss of the “Loan and Credit Limit Endorsement with Affiliated Companies”
  14. Amendment to the “General Bank Credit Limit”
  15. Alleviation of the “Non-Compete Restrictions for Managers”
  16. Investment Increment in “Shanghai Chuangchih Environmental Technology Company”

105年度

日期重要決議事項
105/11/11
  1. Acknowledgment of the “Internal Transfer of the Certified Public Accountant ”
  2. Acknowledgment of the “2016 Third Remuneration Committee Conference Settlement”
  3. Acknowledgment of the “2017 Audit Plan”
  4. Amendment to the “Internal Control System”
  5. Acknowledgment of the “2017 Business Operation Plan”
  6. Discussion of the “2017 Remuneration Proportion Between Employees and Directors & Supervisors”
  7. Discussion of the “Loan and Credit Limit with Affiliated Companies”
  8. Discussion of “Incremental Investment in Guangzhou Tex Year Fine Chemical Industry Corp., Ltd.”
  9. Discussion of the “Incremental Bank Credit Limit”
  10. Discussion of the “2016 Issuance Price of Capital Increased by Cash”
105/08/11
  1. Discussion of a “New Director for Tex Year Europe Sp. z o. o.”
  2. Discussion of the “Endorsed Guarantee Credit Limit for Subsidiary Companies”
  3. Discussion of the “Loan and Credit Limit with Affiliated Companies”
  4. Discussion of the “Independent Director Remuneration”
  5. Discussion of “Increment Investment and Expansion of Taoyuan Factory”
  6. Discussion of the “Issuance of New Dividends with the first domestic Convertible Bonds”
105/07/05
  1. Discussion of the “2015 Ex-dividend Date for Earning Per Share (EPS) Allocation”
  2. Appointment of “the 3rd Remuneration Committee Conference Participants”
  3. Discussion of “the 3rd New Factory in Mainland China”
  4. Discussion of “Subsidiary Company Guangzhou Tex Year’s Investment in a new material industry”
105/06/27
  1. Election of “Chairman of the Board”
105/05/13
  1. Increment and Renewal of the “Bank Credit Limit”
  2. Review of “Independent Director Candidates”
  3. Discussion of the “Credit Limit Endorsement with Subsidiary Companies”
105/03/30
  1. Amendment of the “Articles of Association”
  2. Acknowledgment of “2015 Annual Financial Statements and Consolidated Statements & Business Reports”
  3. Acknowledgment of the “2015 Annual Internal Control System Declaration”
  4. Acknowledgment of the “2016 1st Remuneration Committee Conference Settlement”
  5. Discussion of the “2015 Employees, Directors & Supervisors Remuneration”
  6. Discussion of the “2015 Earning Per Share (EPS) Allocation”
  7. Amendment to the “Board of Director Meeting Rules”
  8. Discussion of the “Amendment to Person In Charge of Subsidiary Companies”
  9. Election of “New Directors and Supervisors After the Term of Office Expired”
  10. Nomination of “Independent Director”
  11. Alleviation of the “Non-compete Restrictions on Chairperson and His/Her Agent”
  12. Discussion of the “2016 Shareholder’s Meeting”
  13. Alleviation of the “Non-compete Restrictions on Managers”
  14. Increment of the “Credit Limit Endorsement on Tex Year Industrial Adhesive Pvt. And Tex Year Europe Sp. z o.o.

104年度

日期重要決議事項
104/11/11
  1. 104年第3次薪酬委員會決議事項承認案
  2. 本公司人事晉升承認案
  3. 105年度營運計畫承認案
  4. 105年度稽核計畫承認案
  5. 提升自行編製財務報告能力計畫書承認案
  6. 105年度員工及董監事酬勞提列比例討論案
  7. 關係企業資金貸與討論案
  8. 銀行授信額度新增及變更與新增長期借款討論案
  9. 「申請暫停及恢復交易作業程序」增訂案
104/08/12
  1. 對子公司背書保證額度案
  2. 關係企業資金貸與討論案
  3. 104年度員工及董監事酬勞提列比例討論案
104/06/15
  1. 104年度第2次薪資報酬委員會議決議事項案
  2. 本公司總經理變動討論案
  3. 訂定103年度盈餘分派除權除息基準日討論案
104/05/13
  1. 銀行額度續約承認案
104/03/23
  1. 103年度財務報表及合併報表暨營業報告書案
  2. 修訂會計制度案
  3. 修訂內部控制制度案
  4. 修訂稽核制度案
  5. 103年度內部控制制度聲明書案
  6. 104年度第1次薪資報酬委員會議決議事項案
  7. 103年度盈餘分配案
  8. 員工紅利及資本公積暨盈餘轉增資發行新股案
  9. 104年度股東常會召集案
  10. 「公司章程」修訂案
  11. 「股東會議事規則」修訂案
  12. 「董事及監察人選舉辦法」修訂案
  13. 「董事、監察人及經理人道德行為準則」修訂案
  14. 「誠信經營作業程序及行為指南」增訂案
  15. 解除經理人競業禁止限制案
  16. 背書保證之專用印鑑保管人變更案
  17. 「資金貸與他人作業程序」修訂案
  18. 獨立董事報酬及薪酬委員會出席費調整案
  19. 董監事出席董事會之車馬費發放案(執行業務董事不支領車馬費)
104/01/26
  1. 修訂104年度稽核計畫案
  2. 修訂內部控制制度案
  3. 修訂稽核制度案
  4. 波蘭設廠投資變更案