Board of Directors

Board of Directors

On May 24, 2019, Sinyi Realty undertook an election all seven seats of the Board, three of which are ordinary directors and four of which are independent directors. In addition to the various directors having their own particular specialties, over half of the Board being independent directors further ensures that proceedings are objective and independent.

Functional committees including the Audit Committee and the Remuneration Committee take on decision-making responsibility for economic, environmental, and social impact issues. Major issues, prior to being reported to the Board, also undergo prior review and checking. The Nomination Committee was established in 2017, with the professional qualifications and other criteria nominees for independent directorships are required to meet, ensuring that Board candidates will be appropriate fits for the industry and for the company’s future developmental needs, while also strengthening the quality of the resolutions made by the Board of Directors.

For more information about the Board of Directors, please refer to investor relations website
Members of the Board of Directors
Term:2019/5/24-2022/5/23
Chairperson Representative of Sinyi Co., Ltd.:
Chien-Ping Hsueh
Director Representative of Sinyi Co., Ltd.:
Ken-Yu Chou
Director Chun-Chi Chou
Independent
Director
San-Xiong Hong
Independent
Director
Hong-Chih Jhan
Independent
Director
Lou-Yu Yen
Independent
Director
Yi-Li Lee
Resolutions of Board of Directors Meetings:
pdf2020   pdf2019   pdf2018   pdf2017   pdf2016   pdf2015   pdf2014
For more information about the Directors, please refer to Sinyi Realty's 2020 Annual Report p. 3-4

Director Training

In terms of enhancing the directorial function, Sinyi Realty also arranges courses for the Board of Directors on economic, environmental, and social issues related to the Company’s operations. In 2020, the Directors completed six or more hours of training courses, as laid out below:

Date Organizer Course Hours Participants
07/02 Securities & Futures Institute Anti‐money laundering and combating the financing of terrorism 3 1
08/20 Securities & Futures Institute Analysis of practical cases on the establishment of breach of trust and special breach of trust by directors and supervisors 3 1
08/26 Taiwan Corporate Governance Association Utilizing digital transformation to create a new beginning in Sinyi Realty Inc. 3 6
09/22 Taiwan Stock Exchange The Summit Forum “Corporate Governance 3.0” 3 1
11/17 Taiwan Corporate Governance Association ESG issues and the brand crisis management 3 5
11/26 Chinese National Association of Industry and Commerce, Taiwan Corporate Governance 3.0 and sustainable development vision in hospitality industry 3 1
12/02 Taiwan Corporate Governance Association The 16th Corporate Governance Summit Forum - corporate governance moving forward - Corporate Governance Vision 3.0, the planning and practice for sustainable development, independent directors and contest for management rights 3 2
The 16th Corporate Governance Summit Forum - corporate governance moving forward - audit committee’s and the board of directors’ monitoring over internal control, risk management, merge and tender offer 3 1

Nomination and Selection of Directors

To ensure the robust functioning of the Company’s Board of Directors and reinforce management mechanisms, Sinyi Realty’s Board approved the establishment of a Nominating Committee and set out the Nomination Committee Organization Rules. The Guidelines for Board Elections and the Guidelines for the Evaluation and Vetting of Nominees for Independent Directorships clearly layout the professional qualifications and other criteria nominees for independent directorships are required to meet, including diversity, independence, and knowledge & experience in ESG issues. In this way, we are able to ensure that Board candidates will be appropriate fits for the industry and for the company’s future developmental needs.

For more information on Board member diversity and competencies, please refer to Sinyi Realty's 2020 Annual Report p. 3-47

Sinyi Realty has independent directors account for over half the Board, a level rarely seen in the industry. In 2019, the first female independent director was hired to strengthen the Independent Director's diverse background.
Independent Directors work together to lead the company's development through the following measures:

  1. Arrange independent directors to visit important subsidiaries of the group.
  2. For important board meeting proposals, we arranged communication with independent directors in advance.
  3. Arrange independent directors to communicate with accountants and audit units individually.
  4. Director Guidance Meeting: Integrate the needs of business units, invite independent directors for guidance, and increase the degree of independent directors’ participation in company operations.
For more information of communications between independent directors and accountants, please refer to Sinyi Realty's 2020 Annual Report p. 3-26

The Board of Directors has approved to appoint Mr. Chih-Huan Chen, the Senior Director of Finance Department, as the Chief Corporate Governance Officer, with the CPA license of R.O.C. and more than nine years experiences of financial management in public limited company. The duty of the Chief Corporate Governance Officer is the convener to deal with the corporate governance affairs.

The responsibilities and the status of advanced study of the Chief Corporate Governance Officer, please refer to Sinyi Realty's 2020 Annual Report p. 3-53