The performance evaluation of the board of directors：
The criteria for the board performance evaluation covers 43 indicators in six aspects. The average score is 4.73 out of 5, indicating that the board has perfection to guide and supervise the company's strategy, major business and risk management responsibilities, and be able to establish a proper internal control system, and the overall operation is complete and consistent with the requirements of corporate governance.
|
Five aspects |
No. of Indicators |
Average Score |
|
A. Participation in the operation of the company. |
12 |
4.71 |
|
B. Improvement of the quality of the board of directors’ decision making. |
12 |
4.77 |
|
C. Composition and structure of the board of directors. |
7 |
4.84 |
|
D. Election and continuing education of the directors. |
5 |
4.52 |
|
E. Internal control. |
7 |
4.74 |
The self-evaluation by individual directors
The criteria for the self-evaluation of individual directors covers 23 indicators in six aspects. The average score is 4.73 out of 5, indicating that the directors have positive reviews on the efficiency and effectiveness of the operation of each indicator.
|
Six aspects |
No. of Indicators |
Average Score |
|
A. Alignment of the goals and missions of the company. |
3 |
4.73 |
|
B. Awareness of the duties of a director |
3 |
4.90 |
|
C. Participation in the operation of the company. |
8 |
4.61 |
|
D. Management of internal relationship and communication. |
3 |
4.87 |
|
E. The director's professionalism and continuing education. |
3 |
4.67 |
|
F. Internal control. |
3 |
4.80 |
The board of directors approved the “Rules for Performance Evaluation of the Board of Directors” of the Company on November 13, 2020. Performance evaluation shall be reviewed every year. The Company's board performance evaluation shall be conducted by an external independent professional institution or a panel of external experts and scholars at least once every three years. Internal and external board performance evaluations shall be reported before the end of the first quarter of the following year. The results will be a reference for review and improvement.