Board of Directors
The members of the Board of Directors have been r-elected in June, 2023, with 9 directors based on “Board of Directors Election Regulations ”. Including 3 independent directors, accounting for 33.3% of the board; 2 female directors, accounting for 22% of the board. Each director shall serve a term of 3 years. The board of directors comprises members with diverse backgrounds aligned with the company's industry characteristics and development direction. They possess professional expertise in management, financial accounting, agriculture, livestock, law, and financial investment, providing specialized knowledge to support informed decision making.
Performance Evaluation
Based on “Regulations Governing Board Performance Evaluation”, we conduct performance evaluation on Board of Directors annually. The evaluation covers including participation, decision-making quality, director election & education, and effectiveness of internal controls.
It is conducted via questionnaires, compiled and analyzed by the secretariat. About evaluation results in 2024, please refer to our company's official website (https://www.fwusow.com.tw/index.php/en/information/itemlist/category/112).

Directors with diverse backgrounds
The board of directors comprises members with diverse backgrounds aligned with the company's industry characteristics and development direction. They possess professional expertise in management, financial accounting, agriculture, livestock, law, and financial investment, providing specialized knowledge to support informed decision-making. Currently, there are 2 female directors, accounting for 22% of the board, aimed at enhancing female participation in decision-making.


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    Name: Hung, Yau-Kuen (Hua Shao Investment Co.Representative)
    Title: Director
    Gender: Male
    Education：
    1. Komazawa University, BS
    2. Tamkang University, MS
    Experience：
    1. Chairman of Council for Industrial & Commercial Development
    2. Chairman of Taiwan Vegetable Oil Manufactures Association
    Other Position:
    1. Company Chairman
    2. President of Central Union Oil Corp
    3. Director of Fwusow Hsin
    4.President of Hua Shao Investment Co.
    5. Chairman of Taiwan Vegetable Oil Manufactures Association
    Name: Hung, Yau-Hsin
    Title: Director
    Gender: Male
    Education：Komazawa University
    Other Position:
    1. Company Vice Chairman
    2. Director of Central Union Oil Corp
    3. Chairman of Charming Food
    Chairman of Taiwan Barley Products Industry Association
    Name: Hung, Yau-Chih
    Title: Director
    Gender: Male
    Education：Eastern Michigan University, MS
    Other Position:
    1. Chairman of Fwusow Hsin
    2. Company AVP
    Name: Hung, Tsun -Lin
    Title: Director
    Gender: Male
    Education：Vocational School
    Other Position:
    1. Chairman of Won Gee Sheng Agricultural Tech
    2. Chairman of Chia Fa Hsin Agri -Tech
    Name: Hung, Charn Min
    Title: Director
    Gender: Female
    Education：
    Bachelor Degree in Economics. California State University of Long Beach.

    Experience：
    Office Manager & Staff Gemologist, International Gemological.Institute (I.G.I.), Los Angeles

    Other Position:
    1. Director of Chia Fa Hsin Agricultural Tech.
    2. Director of Chi Tzu Investment Co., Ltd.
    Name: Hung, Yao -Chi
    Title: Director
    Gender: Male
    Education：Tong Hai University, Department of Animal Science;

    Experience：
    1. Supervisor of Fwusow Industry
    2. Audit committee member of Central Union Oil Corp

    Other Position:
    Fwusow Hsin Supervisor
    Name: Fang, Min Tao
    Title: Independent Director
    Gender: Male
    Education：
    1. New York University (L.L.M.)
    2. George Washington University (M.C.L.)

    Experience：
    1. The Securities Management Committee of the Ministry of Finance, Specialist
    2. Taiwan International Securities Co., Ltd.,Executive Vice General Manager
    3. Shearson Lehman Brothers, Inc. Taiwan Branch, General Manager
    4. Shan Si Papermaking Inc., President

    Other Position:
    1. Chongfa International Business Law Firm, Managing Partner
    2. Chi Sheng Pharma & Biotech Co.,Ltd., Independent Director
    3. ReaLy Development & Construction Corp. Independent Director
    4. Remuneration Committee member of Fwusow Industry
    5. Audit committee member of Fwusow Industry
    Name: Yu, Bi
    Title: Independent Director
    Gender: Female
    Education：
    1. National Chung Hsin University, Food Science, Ph.D
    2. National Chung Hsin University, Animal Science, BS, MS
    3. National Chung Hsin University
    Experience：
    Dean of Department of Animal Science World Poultry Science Association, Chairman

    Other Position:
    1. Honorary Distinguished Professor & Adjunct Professor of National Chung Hsing University
    2. ATRI Traceable Agricultural Products Platform Fairness Committee member
    3. Reviewer of the submission of permission on manufacture and import offeed and feed additives
    4. Remuneration Committee member of Fwusow Industry
    5. Audit committee member of Fwusow Industry
    Name: Huang, Sow Tzo
    Title: Independent Director
    Gender: Male
    Education：
    1. National Chengchi University,Dept of Public Finance, Master’s degree
    2. Tamkang University, Dept of Management Sciences,Master’s degree & PhD
    Experience：
    1. Taiwan Financial Holdings, General Manager
    2. Bank of Taiwan, Board of Director
    3. Taipei Exchange, Board of Director
    4. CPA

    Other Position:
    1. Audit Committee member of Fwusow Industry
    2. Remuneration committee member of Fwusow Industry
Remuneration Policy of Directors
Directors' compensation is administered in accordance with the cooperate regulation, taking into account their level of participation in operation and contribution value, and industry compensation benchmarks. through comparable industry salary standards, report and provide a recommendation to the board of directors. The Remuneration Committee authorizes the Board of Directors to make final decisions regarding compensation.
In addition, when we report a profit one of the year, up to 5% of the profit may be allocated as directors' remuneration, as stipulated. Independent directors reward fixed remuneration, and be excluded in profit distribution.

Operational Integrity
To ensure the effective promotion of integrity, the Company Governance leads the Integrity Promotion Task Force, which assists the Board of Directors in formulating and implementing various integrity policies and measures.

Implementations in 2024
Insider Trading Prevention
  • Conducting look-up period of stock trade before annual financial report released.
  • Propaganda periodically by e-mail.
  • Disclosing the operation in the official website.
  • Inviting lecturer for insider trading prevention and all directors participated.
Educational Training
  • Finished integrity operation integrity training for 504 man-hours.
  • Strengthening awareness of integrity and regulation compliance.
Performance of Integrity
  • No corruption and dishonest act occurred.
  • No violation with anti-trust.
  • No internal anonymous complaints.
Risk management
  • Continuing insurance employee performance bond.
  • Regularly review and update the regulations about integrity operation.


 
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