Corporate Governance
The Company is committed to maintaining high standards of corporate governance. To enhance the overall management quality of the Company, the Board had adopted corporate governance practices with special emphasis on an effective Board for leadership and control, sound business ethics and integrity in all business activities, and transparency, accountability to shareholders.

The Board meets regularly throughout the year to formulate overall strategy of the Group, monitor its financial performance and maintain effective oversight over the management. The Company Secretary assists the Chairman in preparing the meeting agenda. Notice of meetings is given to directors at least 14 days prior to a regular Board meeting, and each director may request inclusion of matters in the agenda for Board meetings. A detailed agenda, minutes of the previous meeting and accompanying board papers are sent to directors at least 3 days before the date of the meeting to facilitate informed discussion and decision-making.

The Board has established three committees, the Nomination Committee, Remuneration Committee and Audit Committee, to assist it in overseeing the Group’s affairs. Each committee has defined terms of reference setting out its duties, powers and functions and are posted on the Company’s website. The committees report regularly to the Board and make recommendations on matters where appropriate. The Board, in addition to its overall supervisory role, retains specific responsibilities such as approving specific senior appointments, approving financial accounts, recommending dividend payments, approving policies relating to Board’s compliance, etc.

Board of Directors

Executive directors
Mr Chen Ying-Chieh (Chairman)
Mr Chen Ying-Chieh, is the Chairman of the Group.Mr Chen is responsible for the overall corporate planning with focus on brand business of the Group. Mr Chen obtained a bachelor’s degree in International Trade Business from the University of Zhengyou. He has been working with the Group since 1992. Mr Chen is a nephew of Mr Chen Hsien Min and a cousin of Mr Chang Chih-Kai.
cousin of Mr Chang Chih-Kai.

Mr Chen Hsien Min (Managing Director)
Mr Chen Hsien Min, is the Managing Director and one of the founders of the Group. Mr Chen is responsible for the overall corporate planning and day-to-day operations of the Group, including production, marketing and sales activities.Mr Chen has a bachelor's degree in Land Economics from the National Cheng Chi University of Taiwan. Mr Chen joined the Group since 1988 and has over 30 years of experience in footwear industry. Mr Chen is an uncle of Mr Chen Ying-Chieh and Mr Chang Chih-Kai.

Mr Chang Chih-Kai
Mr Chang Chih-Kai has studied a bachelor's degree of Art in Auckland University after graduated from Pakuranga College in New Zealand. He joined the Company since 2003 with focus on shoe development and sales and marketing. Mr Chang is a cousin of Mr Chen Ying-Chieh and a nephew of Mr Chen Hsien Min.

Non-executive Directors
Mr Hsiao Hsi-Ming
Mr Hsiao Hsi-Ming is a partner of an accounting firm in Taiwan. He is a member of Taiwan Provincial CPA Association and has over 40 years of experience in auditing and accounting. Mr Hsiao holds a master's degree in the National Changhua University of Education and he is a director of Tera Autotech Corporation Inc. (“TAC”) and an independent director of Formosa Optical Technology Co. Ltd. (“FOTCL”). Both TAC and FOTCL are traded over-the-counter in Taiwan. Mr Hsiao was appointed as an independent non-executive director of the Company in 2004.

Mr Huang Shun-Tsai
Mr Huang Shun-Tsai is a director of six technology companies in Taiwan. He has been active in the technology field for over 10 years. Mr Huang was appointed as an independent non-executive director of the Company in 2001.

Mr Kuo Jung-Cheng
Mr Kuo Jung-Cheng is a director of a manufacturing and distribution company in China. Mr Kuo is a former senator of the Legislative House in Taiwan. He has been serving the community in Taiwan as a representative for over 10 years. Mr Kuo holds an MBA degree from the University of Hawaii. Mr Kuo was appointed as an independent non-executive director of the Company in 2001.