Other Governance Information
The independence and suitability of CPAs |
The Audit Committee of The Company regularly evaluates the independence and suitability of CPAs yearly, and submits the evaluation results to the Board of Directors. The evaluation mechanism is as follows:
- The CPAs of The Company are not related parties to The Company and the directors.
- The Company abides by the Corporate Governance Principles to handle the rotation of CPAs.
- Prior to the appointment of annual audit services, the firm of CPAs is required to obtain the approval of the Audit Committee. Before the appointment of non-audit services, the firm of CPAs shall confirm the requirements for independence are met and report to the independent directors in quarterly Audit Committee meeting.
- The CPAs shall report to the Audit Committee on the compliance with the independent standards and their review or audit results on a quarterly basis.
- Obtain an independent statement issued by CPAs on a regular basis.
- The Company includes the Audit Quality Indicators (AQIs) in the CPAs annual appointment evaluation and the CPAs are required to report with the Audit Committee accordingly.
The assessments in 2023 are as follows:
(1)The independence between the CPAs and The Company complies with the Accounting Act of the Republic of China, The Norm of Professional Ethics for
Certified Public Accountant and other relevant regulations.
(2)The Company has not appointed the same CPA for certification for five consecutive years.
(3)The annual evaluation was completed by the Audit Committee on February 7, 2023 and the result was reported to the Board of Directors and approved on February 8, 2023.
Full- (or part-) time unit of Corporate Social Responsibility and Ethical Corporate Management |
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Top 10 Shareholders |
Top 10 Shareholders (Record Date of 2023 shareholder’s meeting: 2023.8.18)
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Policy on Cross Shareholdings |
Cultural Development Achievements |
AUO is committed to promoting a corporate culture that merges technology and humanities. We continuously support cultural development in various aspects such as business promotion, event organization, and the creation of a happy workplace. Specific examples for 2023 are as follows:
- Cultural Music Festival at Xidun Kiln Cultural Center
In 2020, AUO established the Xidun Kiln Cultural Center at our Taichung factory where we employ technology to recreate the kiln production process of the Qing Dynasty and to display the natural humanities of Dadu Mountain. The Cultural Center is a space where AUO shares experiences in preserving culture. Each year, we invest more than one million dollars in operating costs to offer guided tours by professional environmental educators, large-scale events, and reading courses. In May 2023, AUO will host a Cultural Music Festival at the Xidun Kiln Cultural Center, inviting employees, government officials, clients, suppliers, schools, communities, and the general public to immerse themselves in local culture through music concerts and lifestyle festivals.
- AUO's Life Feast
To foster a happy working environment and promote the amalgamation of work and life for employees, AUO organizes "life feasts," arts and culture events that cost over a million dollars each year. We invite experts from various fields to encourage employee participation and promote humanities literacy through exhibitions and speeches, providing them with a source of positive energy. In 2023, invited groups will include the Northern Lights Percussion Group and the Minghua Yuan Troupe.
- Supporting Indigenous Cultural Development
In the 2023 Touch Taiwan Exhibition, AUO will feature an exhibit showcasing the beauty of the Bunun Tribe singing around a campfire through our high-definition ALED technology and superior audio quality, investing over four million dollars to commemorate the beautiful eight-part polyphony, detailed starry sky, and Bunun tribal totems (Video link: https://www.youtube.com/watch?v=Y-QvXZf1G1Y)
- Other Art and Culture Event Sponsorships
AUO actively aligns with the art ecosystem and expands the possibilities of advanced display technologies in various fields. We have sponsored art curating events with a budget of 4.8 million dollars, including:
- Taoyuan Science and Art Festival: Artists utilized the most advanced AI technology and combined it with AUO's FindARTs' 85” faux art screen and exclusive A.R.T. Advanced Reflectionless Technology, transcending hardware limitations and displaying an unseen effect with a painterly texture to audiences.
- Double Fusion Domain AMBI SPACE ONE," Taiwan's first 5G+4K full-immersive digital performance: Featuring FindARTs' museum-grade art display technology to showcase realistic artist paintings and inviting audiences into a diverse exhibition space to experience top-quality sensory immersion.