Investor Relation

Board of Directors

Board of Directors
Tenure:June 15, 2023 to June 14, 2026
Name Title Education & Current/Selected Past Position
Cheng-Yih Lin (C.Y.) Chairman Ph.D., Chemical Engineering,Carnegie Mellon University
Senior Vice President, AU Optronics Corp.
Chairman, CANDO Corp.
Chairman & Chief Strategy Officer, AUO Crystal Corp.
Chairman & Chief Executive Officer, Daxin Materials Corp.
Tsung-Hsing Kuo Director B.S., Chemical Engineering, National Taiwan University
E.M.B.A., National Sun Yat-sen University
President, Eternal Chemical (China) Co., Ltd.
Director & President, Daxin Materials Corp.
Chin-Cheng Pan Director M.S., Chemistry, National Cheng Kung University
Chief Operating Officer, Eternal Materials Co., Ltd.
Ting-Li Lin Director M.S., Applied Chemistry National Chiao Tung University
Senior Vice President, AUO Corp.
Xin-Wu Lin Independent Director Ph.D., Economic, National Taiwan University
Vice President, Director of Research Division III & Research Fellow, Taiwan Institute of Economic Research

Independent Director, Taiwan Business Bank, Ltd.
Independent Director, Fittech Co., Ltd.
Chief Consultant of Antitrust Compliance, AUO Corp.
Wei-Shun Cheng Independent Director M.S., Accounting, Northern Illinois University
Chief Financial Officer and Senior Vice President, AU Optronics Corp.
Director, SHIRRE LAB Corp.

Independent Director, Raydium Semiconductor Corp.
Independent Director, Chenbro Micom Co., Ltd.
Independent Director, Unictron Technologies Corporation
Chiao-Mou Cheng Independent Director B.S., Chemical Engineering, Chung Yuan University
Assistant Vice President, Eternal Materials Co. Ltd.
Chih-Chun Tsai Independent Director M.S., Computer Science, Utah State University
Senior Director, Asia/ Pac Business, Taiwan Semiconductor Manufacturing Company Limited
Assistant Researcher, Engineering Division, National Science Council
Independent Director, Leadtrend Technology Corporation
Director, Coretech Optical Company, Ltd.
Chairman, Hua Jieh Investment Co., Ltd.

Election of Directors(Include Independent Directors)
(I) Methods of Directors’ Election:
According to Daxin's Articles of Incorporation, directors (including independent directors) shall be elected pursuant to the Candidate Nomination System. The professional qualifications, restrictions on the shareholdings and concurrent positions held, method of nomination and election, and other matters with respect to independent directors shall be in compliance with applicable laws and regulations of the ROC Company Act and Securities and Exchange Act.

(II) Process of Directors’ Election: 

Base on Daxin’s Articles of Incorporation, the board directors resolved to re-elect 8 directors, including 4 independent directors before the expiry of the tenure of Daxin’s 6th Board of Directors, at the 2023 Annual General Shareholders’ Meeting. The period for the nomination of directors was from April 10, 2023 to April 19, 2023.

According to the Article 192-1 of the ROC Company Law, Daxin announced the following items on February 22, 2023: the period for accepting the nomination of director candidates, the number of directors to be elected, the place designated for accepting the roster of director nominees, and other necessary matters. Any shareholder holding 1% or more of the outstanding shares of the Company may nominate candidate(s) for directors in writing, provided that the total number of director nominees shall not exceed the number of the directors to be elected. Any shareholder willing to make a nomination may submit the name(s), educational background, past work experience of the nominee(s), and other relevant documents signed and provided by each nominee. All of the above documents shall be delivered or sent to Daxin Materials Corp, Finance Dept. (No. 15, Keyuan 1st Road, Central Taiwan Science Park, Taichung City, 40763 Taiwan, ROC.) via registered post during the nomination time period.

During the above submission period, Daxin didn’t receive proposals from shareholders who holding 1% or more of the outstanding shares of Daxin.

On May 3, 2023, according to Article 192-1 of the ROC Company Act, the Board of Directors nominated 8 candidates, Cheng-Yig Lin, Tsung-Hsing Kuo, Chin-Cheng Pan (Representative of  Eternal Materials Co., Ltd.), Ting-Li Lin (Representative of Konly Venture Corp.), Xin-Wu Lin (independent director), Wei-Shun Cheng (independent director), Chiao-Mou Cheng (independent director), and Chih-Chun Tsai (independent director), and approved to appoint the above nominated candidates to stand for election at Daxin's 2023 Annual General Shareholders' Meeting.

Board Member Composition
The diversification policy of board member composition
The company's "Corporate Governance Principles" clearly stipulates that the composition of the board of directors shall be determined by taking diversity into consideration. It is advisable that directors concurrently serving as company officers not exceed one-third of the total number of the board members, and that an appropriate policy on diversity based on the company's business operations, operating dynamics, and development needs be formulated and include, without being limited to, the following two general standards:
  1. Basic requirements and values: Gender, age, nationality, and culture.
  2. Professional knowledge and skills: A professional background, professional skills, and industry experience.

The management goals and achievements

Daxin has 8 Directors (including 4 Independent Directors). All members of the board have rich industry experiences including chemistry, chemical engineering, semiconductor, business management, mechanical engineering, and financial management and more. In order to achieve the goal of corporate governance, the Board of Directors shall possess abilities including operational Judgment, accounting and financial analysis, operation management, crisis management, knowledge of the industry, global market perspectives, leadership, and decision-making.

The members of the company's Board of Directors possess diverse professional knowledge and skills. We plan to increase female director in the upcoming board elections to enhance gender diversity.

25% of the Board of Directors concurrently serve as Daxin's employees. The ratio of Independent Directors to all Directors is 50%. There are no the spouses, or relatives within the second degree of kinship to Directors of the Company.