Corporate Governance

HIGHLIGHT TECH CORP.(HTC) set audit committee and remuneration committee to assist the board of directors in making appropriate decisions through the professional review and recommendations of functional committees.

Structure of the Board of Directors

The 10th board of directors of the HTC is composed of 11 directors. Among the 11 directors, 1 is female director and 3 are independent directors.

The composition of the board of directors is determined by taking diversity into consideration. It is advisable that directors concurrently serving as company officers not exceed 2 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.

The board of directors includes professional knowledge and skills in law, financial accounting and industry experience.

All members of the board have the knowledge, skills, and experience necessary to perform their duties. The 10th board of directors of the HTC has the following abilities:

(1) Ability to make operational judgments.

(2) Ability to perform accounting and financial analysis.

(3) Ability to conduct management administration.

(4) Ability to conduct crisis management.

(5) Knowledge of the industry.

(6) An international market perspective.

(7) Ability to lead.

(8) Ability to make policy decisions.

Sustainable Development

2023 ESG Report (Download)
2022 ESG Report (Download)

2023 Sustainable Development Summary:

（G） Economic Growth

▶ In 2023, the total revenue amounted to NT$4,205,436,000 and marking an 8% increase from the prior year. The net profit after tax totaled NT$418,227,000 reflecting a 26% decrease from the previous year.
▶ In 2023, NT$229,470,000 was allocated to research and development expenses, marking an 18% increase from the preceding year. This investment constitutes 5% of the total revenue.
▶ As of June 14, 2024, the company possesses 144 valid patents (74 filed in 2023, 43 certified) and a total of 29 valid trademarks.
▶ In 2023, there will be a total of 792 supplier partners, with 90.9% being domestic and 9.1% foreign, and holds ISO 9001, ISO 14001, ISO 45001, and other international standard management system certifications. We has established supplier selection and evaluation procedures, conducts regular audits, and successfully implements the system to enhance customer satisfaction.

（E）Environmental Protection

▶ The total consumption of tap water in 2023 is 31,666 m³
The primary water source utilized for production and operations in the factory is municipal water (tap water). Process water constitutes 70%, while domestic water makes up the remaining 30%. It is crucial to consistently monitor the water equipment for any signs of leakage. In the event of any irregularities, prompt analysis and improvement are necessary to efficiently decrease the company's operational expenses.
Utilization of Recycled Water: Reuse air conditioning condensate and rainwater for toilet flushing and irrigation.

▶ The total electricity consumption in 2023 amounts to 27,535 GJ

Continue expanding the deployment of smart meters for energy consumption monitoring.
Supervisors are required to monitor electricity usage during inspections and rectify any wastage identified.
The power management unit conducts monthly electricity consumption statistics, analyzing and implementing improvements when abnormal power usage is detected.

▶ Environmental protection expenditures in 2023 amounted to NT$4.389 million, a decrease of NT$6.423 million compared to the previous year. The main reasons are:
In the previous year, due to the initial construction of the Tainan Shugu Factory, more expenses were spent on tree planting and charging pile configuration projects in the factory. This year, only NT$514,000 was spent on plantation and maintenance of the factory.

Pollution prevention and control: waste water, waste pallets, waste oil and waste liquid treatment costs, total NT$1,826,000.

Set up smart meters to monitor energy consumption, total NT$1,084,000.
In 2023, the related expenses for applying for environmental permits, environmental management system certification, and environmental testing will total NT$965,000.

▶ The total carbon emissions in 2023 is 3,997.58 tCO2e, of which:
Scope1 (211.5 tCO2e)：The original Tainan factory 1 and 2 were relocated to Tainan Shugu factory. In addition to the original inventory items, official vehicles (diesel/gasoline), refrigerants, and wastewater anaerobic treatment were added.
Scope2 (3,786.08 tCO2e)：Primarily for the purchase from Taiwan Power Company electric.

（S） Social Responsibility

▶ By the end of 2023, the workforce totaled 483 employees, an increase of 23 individuals compared to the previous year. Of these, 345 were male (71.4%) and 138 were female (28.6%).
▶ In 2023, the average salary for full-time employees in non-supervisory positions was NT$953,000 per person, representing a 2.3% decrease from the previous year. This amount is 25.6% higher compared to the average salary of NT$759,000 per person in the electronic components industry for the same year.
▶ In 2023, the number of employees joining the shareholding trust reached 330, with the company allocating NT$10,652,000 in shareholding bonuses, marking an increase of NT$2,228,000 compared to the previous year.
▶ The average training hours per employee in 2023 are projected to be 35.8 hours, reflecting an increase of 1.7 hours from the previous year.
▶ In 2023, there were no significant occupational injuries. Four commuting accidents, two entanglements, and one work-related injury due to contact with high/low temperatures were reported during the year. The employee occupational health examination rate is 100%, and no abnormal cases of occupational diseases will be found.
▶ Htc support and adhere to the Universal Declaration of Human Rights, Global Covenant, International Labor Organization Convention, and other international human rights treaties to prevent any violations of human rights and discrimination.

Top