Implement Governance Function
Sinyi Realty Inc. (the “Company”) has devoted in corporate governance implementation for a long time and has kept improving the practices by strict standards in order to protect Stakeholders’ equity. For the soundness of Board of Directors, the Company’s Board of Directors established an Audit Committee on September 12, 2007, a Compensation Committee on August 27, 2010, and a Nomination Committee on October 27, 2017 in line with regulations. In 2008, the Company was awarded CG6003 Corporate Governance Assessment Certification from Taiwan Corporate Governance Association (TCGA), and for the following consecutive 3 years, the Company received Advanced Corporate Governance Assessment Certification (CG6004-CG6006). In 2014, the Company once again received the CG6008 certification, showing the Company’s determination to improve corporate governance. The Company also emphasize on information disclosure by making continuous improvements.
Awarded in a row for the Corporate Governance Evaluation
Continually Rated as Highest A++ Rating
In the 8th and 9th Information Disclosure Evaluation made by R.O.C Securities & Futures Institute, the Company was rated as A+ rating. In 2013, the Company was ranked A++ and also the TOP 20 listed companies in the 10th Information Disclosure Evaluation. And in the 11th and 12th evaluation, the Company was continually rated as the highest A++ rating.
Top 5% of Listed Companies
From 2015 to 2021, Taiwan Stock Exchange held the 1st~7th, Corporate Governance Evaluation, respectively and Sinyi was ranked in the top 5% of the listed companies. The main reason to won this award is due to positive business ethics, corporate social responsibility implementation and strict self-requirements. Furthermore, corporate governance culture has been deeply rooted in the Board of Directors and all employees. Looking forward, the Company will continue to improve corporate governance implementation and strengthen the management capacity towards the goal of being a sustainable business.
The Monthly Consolidated Revenue and YoY information, please refer to the Investor Relations website.Monthly Revenue
|Margin Before Income Tax(%)||16.74||16.54||21.85||26.00||14.34||10.42|
|EPS (in NTD)
(adjusted for capital increase by stock dividend distribution)
Performance Evaluations of the Board of Directors and Functional Committees
To implement corporate governance and to enhance the function of Sinyi's Board and functional committees, the Company established the Regulations on Performance Evaluation of the Board of Directors to strengthen the operation efficiency of the Board of Directors and the Functional Committees.
- Internal self-evaluation:
We conduct annual performance evaluations of the Board of Directors. After evaluating the Directors fully with a focus on aspects including both Board and functional committee operations, culture, internal and external relationships, and their own self-evaluations, the conference unit of the Board conducts a statistical analysis and reports back to the Board at a meeting on their findings and areas for improvement.
- Evaluation of external independent institutions:
Independent third-party performance evaluations of the Board to be undertaken at least once every three years, conduct on-site interviews with the Chairman, Directors and Independent Directors, conveners of the functional committees and the deliberation units, and report the evaluation results to the Board of Directors.
The independent third-party performance evaluations of the Board and Functional Committees was undertaken in November 2020; and reported the evaluation result to the Board of Directors on December 25th, 2020.For more information of evaluation content and results, please refer to investor relations website.