TWSE and TPEx announced the results of the 2023 “Corporate Governance Evaluation” and held an awards ceremony on June 13, 2024. M31 Technology (M31) once again achieved a top 5% ranking among TPEx listed companies in the “Corporate Governance Evaluation.” This marks the third time M31 has been listed in the top 5%, affirming the Company’s commitment and effectiveness in enhancing corporate governance and sustainable development.
The 2023 Corporate Governance Evaluation assessed the overall corporate governance of companies based on four major dimensions: “Protecting Shareholders’ Rights and Equal Treatment of Shareholders”, “Enhancing the Structure and Operation of the Board of Directors”, “Improving Information Transparency”, and “Promoting Sustainable Development”, with a total of 80 evaluation indicators. This year’s evaluation covered 952 TWSE listed companies and 754 TPEx listed companies, totaling 1,706 enterprises. Among these, the 38 TPEx listed companies that ranked in the top 5%.Through government policies guidance and mutual learning among enterprises, this will help promote healthy competition among companies and strengthens the international competitiveness of Taiwan’s industries..
Since Lynne, Chen Huey-Ling took office as Chairman of M31 in 2021, she has placed a great emphasis on corporate governance practices and actively enhanced information disclosure. Upholding the highest principles of integrity, M31 continues to protect shareholder rights and pursue sustainable development. The Board of Directors has established comprehensive functional committees, including Audit Committee, Compensation Committee, and Nomination Committee, each responsible for discussing significant issues. Directors also participate in discussions on specific or major company issues according to their expertise, providing professional guidance to the management team. Furthermore, the Board effectively supervises the Company’s management, ensuring that it fulfills its responsibilities.
In terms of management, M31 embraces to principles of openness and transparency, planning various control measures and ensuring the quality of information disclosure through diverse communication methods. In response to technological innovation and global climate change, the Company has carefully selected the best practices for sustainable development that align with international trends, planned the future sustainable development roadmap, and integrated sustainable thinking into its R&D and innovative services. M31 has also constructed a comprehensive sustainable development blueprint and formulated internal sustainable development plans in accordance with the “Sustainable Development Action Plans for TWSE and TPEx Listed Companies”.
M31 adheres to principles of integrity and innovation in quality, focusing on sustainable development. Beyond managing its core IP business, M31 also implements high standards of corporate governance, strengthens board functions, ensures information transparency, and aligns with international standards. Looking ahead, M31 will continue to strive for long-term value for customers, shareholders, employees, suppliers, and society, collectively achieving admirable goals and visions, and bringing a better future to this beautiful land of Taiwan. M31 is dedicated to contributing to the economy, environment, and society, creating sustainable value, and committing to the sustainability of the Earth.