Corporate Governance​

Our corporate governance framework has evolved alongside Arizon RFID Technology's global expansion, strategically supporting our objectives across our worldwide manufacturing and business operations.

We recognize that robust Corporate Governance and rigorous Compliance are fundamental to achieving our long-term strategic goals and maintaining our leadership position in the global RFID industry. Our practices ensure we operate in full adherence to regulations in all jurisdictions where we conduct business, while consistently driving continuous improvement aligned with international best practices.

Corporate Governance and Implementation Status

• Operation and Execution of the Company Governance

The primary responsibilities of the corporate governance personnel are to provide directors with necessary information for business execution, assist directors in legal compliance, and handle matters related to the meetings of the Board of Directors and Shareholders' Meetings in accordance with the law.

The Company has designated a Spokesperson, an Alternate Spokesperson, and provides an email address to handle shareholder suggestions, inquiries, or disputes. Furthermore, the Company has retained permanent legal counsel to handle litigation matters.

The Company has established relevant procedures as compliance guidelines, such as the "Procedures for Acquisition or Disposal of Assets," "Procedures for Endorsements and Guarantees," "Procedures for Lending Funds to Others," and "Procedures for Handling Related Party Transactions." These procedures ensure the effective implementation of risk control mechanisms and firewall management for affiliated enterprises.

The Company has established "Operating Procedures for Insider Trading Prevention" to prohibit insiders, such as directors or employees, from profiting using non-public market information. This is intended to protect investors and safeguard the Company's rights and interests.

• Board Performance Evaluation

The Company has established a Board performance evaluation system. In July 2022, the Board of Directors passed the "Director Performance Evaluation Procedures" to encourage self-motivation among Board members and enhance the effectiveness of Board operations. Internal Board performance evaluations are conducted annually at the end of the fiscal year. 

• Execution of Sustainable Development Responsibility

The Company has established the "Code of Sustainable Development and Social Responsibility."

Refer to the Sustainability section for detailed execution.