Chung Hwa is committed to complying with laws and regulations related to the corporate governance system, and has formulated the “Corporate Governance Best Practice Principles”, “Ethical Corporate Management Best Practice Principles”, and “Sustainable Development Best Practice Principles” as the basis for compliance with the corporate governance structure. We have also established a “Code of Ethical Conduct”, which requires directors, managers and other relevant personnel to abide by the code of ethics when performing their duties to protect the interests of the Company and shareholders.

In addition, the General Manager serves as the convener, and the management team forms the Risk Management Committee, the Environmental Safety Management Committee, and the Personnel Review Committee according to their powers.

The Audit Office is an independent unit under the Board of Directors. It is equipped with two full-time audit officers and auditors to assist the Board of Directors and managers in inspecting and reviewing the deficiencies of the internal control system, measuring the effect and efficiency of operations, and providing timely improvement suggestions to ensure internal control. The effective implementation of the system also serves as the basis for reviewing and revising the internal control system.