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[Hua Cheng] Announcement of the Appointment of the Sixth Compensation Committee Members

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Hua Cheng Electric Co., Ltd. has appointed the members of the sixth Compensation Committee. Due to the expiration of the term, the former members have been replaced by four new independent directors: Hu Lian Guo, Ye Yun Qing, Chen Xiulan, and Yu Yong Hong.

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Frequently Asked Questions

Q: Has there been any change in the members of Hua Cheng Electric's Compensation Committee?
A: Yes, the members of Hua Cheng Electric's Compensation Committee have been replaced due to the expiration of their terms. The new members include four independent directors: Hu Lian Guo, Ye Yun Qing, Chen Xiulan, and Yu Yong Hong.
Q: What is the background of the new Compensation Committee members?
A: The new members include Hu Lian Guo (Independent Director of Hua Cheng Electric, Adjunct Professor at the Department of International Trade, National Chengchi University), Ye Yun Qing (Independent Director of Hua Cheng Electric, Dean of the College of Law, Shih Hsin University), Chen Xiulan (Deputy General Manager, Anhua & Co. Certified Public Accountants, Practicing Certified Public Accountant), and Yu Yong Hong (Deputy Chairman of Fulltek Technology, Independent Director of Xinyuan Investment Holding, Independent Director of Dunyang Technology).
Q: What is the role of the Compensation Committee?
A: The Compensation Committee is responsible for reviewing and proposing compensation policies for the company's senior management.
Q: What impact does this change in the Compensation Committee members have on the company?
A: This change reflects the company's emphasis on transparency and fairness in corporate governance. The expertise and experience of the new members will help improve the transparency and fairness of compensation policies.
Q: How long is the term of the Compensation Committee?
A: The term of the Compensation Committee is typically three years. This change is due to the expiration of the terms of the former members.