Chairman Zhang Ruirong

Major Experiences:
Chief Executive Officer of the Company
Chairman of Sanneng Food Utensils (Shares) Company
Director of Xinmai Enterprise (Shares) Company

Xie Shunhe Director

Major Experiences:
Chairman and General Manager of Xinmai Enterprise (Shares) Company
Chairman of Xinmai Machinery (China) Co., Ltd

Chen Laichun, Director

Major Experiences:
General Manager of Sanneng Food Utensils (Shares) Company
General Manager of Sanneng Appliance (Wuxi) Co., Ltd

Director Xiao Kaifeng

Major Experiences:
Director of the Company’s Management Center
General Manager of Sanneng Appliance (Wuxi) Co., Ltd

Director Chua Fenglong

Major Experiences:
Deputy Director of the Company’s Technology Research Center
Vice President of Sanneng Food Utensils (Shares) Company

Cheung Chi Ho Director

Major Experiences:
Director of the Company’s Marketing Center
Special assistant to the chairman of Sanneng Appliance (Wuxi) Co., Ltd. and vice president of marketing

Chen Shuijin is an independent director

Major Experiences:
Certified public accountant and director of Yuansheng Certified Public Accountants
Independent Director of Zhengxin Rubber Industry Co., Ltd
Independent Director of Merida Industries Co., Ltd
Independent director of Julong Fiber Co., Ltd
Supervisor of Lingjia Technology Co., Ltd

Shi Kunhe is an independent director

Major Experiences:
Director of China Cereal Food Industry Technology Research Institute

Huang Chenyan is an independent director

Major Experiences:
He is a full engineer at the Metal Industry Research and Development Center

name

Meet One of the Following Professional Qualification Requirements, Together with at Least Five Years Work Experience

Independence Criteria(Note)

Number of Other Public Companies in Which the Individual is Concurrently Serving as an Independent Director

An Instructor or Higher Position in a Department of Commerce, Law, Finance, Accounting, or Other Academic Department Related to the Business Needs of the Company in a Public or Private Junior College, College or University

A Judge, Public Prosecutor, Attorney, Certified Public Accountant, or Other Professional or Technical Specialist Who has Passed a National Examination and been Awarded a Certificate in a Profession Necessary for the Business of the Company

Have Work Experience in the Areas of Commerce, Law, Finance, or Accounting, or Otherwise Necessary for the Business of the Company

1
2
3
4
5
6
7
8
9
10
11
12
Chang, Jui-Jung
Hsieh, Shun-Ho
Chen, Lai-Chun
Tsai,Feng-Lung
Hsiao, Kai-Feng
Chang, Chih-Hao
Huang, Chen-Yen
Shi, Kun-He
Chen, Shuei-Jin
3
Note: Each director meets the following conditions in the two years prior to the election and during his or her term of office:
  1. Not an employee of the Company or any of its affiliates.
  2. Not a director or supervisor of the company or any of its affiliates (The same does not apply, however, in cases where the person is an independent director appointed in accordance with the Act or the laws and regulations of the local country by, and concurrently serving as such at, a company and its parent or subsidiary or a subsidiary of the same parent).
  3. Not a natural-person shareholder whose shareholding ratio is more than an aggregate of 1% of the total issued shares of the company held by the person’s spouse, minor children or held by the person under others’ names, or, whose shareholding ratio, occupies one of the ten highest proportions amongst all by the person.
  4. Not a spouse, relative within the second degree of kinship, or lineal relative within the third degree of kinship, of a managerial officer as described in (1) or any of the persons as described in (2) and (3).
  5. A director, supervisor or employee of a corporate shareholder who does not directly hold more than 5% of the total issued shares of the company, holds the top five shares, or appoints a representative to serve as a director or supervisor of the company in accordance with Article 27, Paragraph 1 or Paragraph 2 of the Company Act (except in the case of an independent director who is concurrently appointed by the company with its parent company, subsidiary or subsidiary of the same parent company in accordance with this Law or the laws and regulations of the local country).
  6. A director, supervisor or employee of another company whose directorships or voting shares are not controlled by the same person (except in the case of an independent director of the company or its parent company, subsidiary or subsidiary of the same parent company in accordance with this Act or the laws of the local country).
  7. Director (director), supervisor (supervisor) or employee of another company or organization who is not the same person or spouse as the chairman, general manager or equivalent of the company (except for the case of an independent director appointed by the company and its parent company, subsidiary or subsidiary of the same parent company in accordance with this Law or the laws and regulations of the local country).
  8. Directors (directors), supervisors (supervisors), managers or shareholders holding more than 5% of the shares of a specific company or institution that does not have financial or business dealings with the company (except for those who hold more than 20% but less than 50% of the total issued shares of the company and are concurrently held by the company and its parent company, subsidiaries or subsidiaries of the same parent company in accordance with this Law or the laws and regulations of the local country).
  9. Professionals, sole proprietorships, partnerships, business owners, partners, directors (directors), supervisors, managers and their spouses who do not provide auditing or business, legal, financial, accounting and other related services with an aggregate remuneration of less than NT$500,000 in the last two years. However, this does not apply to members of the Remuneration Committee, the Tender Takeovers Review Committee, or the Special Committee on Mergers and Acquisitions who perform their duties and powers under the Securities and Exchange Act or the Mergers and Acquisitions Act.
  10. There is no spouse or family relationship within the second degree of kinship with other directors.
  11. There is no one of the circumstances of any of the provisions of Article 30 of the Companies Act.
  12. Article 27 of the Company Act does not provide for the election of a government, a legal person or a representative thereof.
Chang, Jui-Jung
Meet One of the Following Professional Qualification Requirements, Together with at Least Five Years Work Experience

An Instructor or Higher Position in a Department of Commerce, Law, Finance, Accounting, or Other Academic Department Related to the Business Needs of the Company in a Public or Private Junior College, College or University

A Judge, Public Prosecutor, Attorney, Certified Public Accountant, or Other Professional or Technical Specialist Who has Passed a National Examination and been Awarded a Certificate in a Profession Necessary for the Business of the Company

Have Work Experience in the Areas of Commerce, Law, Finance, or Accounting, or Otherwise Necessary for the Business of the Company

V
Independence Criteria(Note)
1
2
3
4
5
6
7
8
9
10
11
12
V
V
V
V
Number of Other Public Companies in Which the Individual is Concurrently Serving as an Independent Director
Hsieh, Shun-Ho
Meet One of the Following Professional Qualification Requirements, Together with at Least Five Years Work Experience

An Instructor or Higher Position in a Department of Commerce, Law, Finance, Accounting, or Other Academic Department Related to the Business Needs of the Company in a Public or Private Junior College, College or University

A Judge, Public Prosecutor, Attorney, Certified Public Accountant, or Other Professional or Technical Specialist Who has Passed a National Examination and been Awarded a Certificate in a Profession Necessary for the Business of the Company

Have Work Experience in the Areas of Commerce, Law, Finance, or Accounting, or Otherwise Necessary for the Business of the Company

V
Independence Criteria(Note)
1
2
3
4
5
6
7
8
9
10
11
12
V
V
V
V
V
V
V
V
Number of Other Public Companies in Which the Individual is Concurrently Serving as an Independent Director
Chen, Lai-Chun
Meet One of the Following Professional Qualification Requirements, Together with at Least Five Years Work Experience

An Instructor or Higher Position in a Department of Commerce, Law, Finance, Accounting, or Other Academic Department Related to the Business Needs of the Company in a Public or Private Junior College, College or University

A Judge, Public Prosecutor, Attorney, Certified Public Accountant, or Other Professional or Technical Specialist Who has Passed a National Examination and been Awarded a Certificate in a Profession Necessary for the Business of the Company

Have Work Experience in the Areas of Commerce, Law, Finance, or Accounting, or Otherwise Necessary for the Business of the Company

V
Independence Criteria(Note)
1
2
3
4
5
6
7
8
9
10
11
12
V
V
V
V
V
V
V
V
V
Number of Other Public Companies in Which the Individual is Concurrently Serving as an Independent Director
Tsai,Feng-Lung
Meet One of the Following Professional Qualification Requirements, Together with at Least Five Years Work Experience

An Instructor or Higher Position in a Department of Commerce, Law, Finance, Accounting, or Other Academic Department Related to the Business Needs of the Company in a Public or Private Junior College, College or University

A Judge, Public Prosecutor, Attorney, Certified Public Accountant, or Other Professional or Technical Specialist Who has Passed a National Examination and been Awarded a Certificate in a Profession Necessary for the Business of the Company

Have Work Experience in the Areas of Commerce, Law, Finance, or Accounting, or Otherwise Necessary for the Business of the Company

V
Independence Criteria(Note)
1
2
3
4
5
6
7
8
9
10
11
12
V
V
V
V
V
V
V
V
V
Number of Other Public Companies in Which the Individual is Concurrently Serving as an Independent Director
Chang, Jui-Ching
Meet One of the Following Professional Qualification Requirements, Together with at Least Five Years Work Experience

An Instructor or Higher Position in a Department of Commerce, Law, Finance, Accounting, or Other Academic Department Related to the Business Needs of the Company in a Public or Private Junior College, College or University

A Judge, Public Prosecutor, Attorney, Certified Public Accountant, or Other Professional or Technical Specialist Who has Passed a National Examination and been Awarded a Certificate in a Profession Necessary for the Business of the Company

Have Work Experience in the Areas of Commerce, Law, Finance, or Accounting, or Otherwise Necessary for the Business of the Company

V
Independence Criteria(Note)
1
2
3
4
5
6
7
8
9
10
11
12
V
V
V
V
V
V
Number of Other Public Companies in Which the Individual is Concurrently Serving as an Independent Director
Chang, Chih-Hao
Meet One of the Following Professional Qualification Requirements, Together with at Least Five Years Work Experience

An Instructor or Higher Position in a Department of Commerce, Law, Finance, Accounting, or Other Academic Department Related to the Business Needs of the Company in a Public or Private Junior College, College or University

A Judge, Public Prosecutor, Attorney, Certified Public Accountant, or Other Professional or Technical Specialist Who has Passed a National Examination and been Awarded a Certificate in a Profession Necessary for the Business of the Company

Have Work Experience in the Areas of Commerce, Law, Finance, or Accounting, or Otherwise Necessary for the Business of the Company

V
Independence Criteria(Note)
1
2
3
4
5
6
7
8
9
10
11
12
V
V
V
V
V
Number of Other Public Companies in Which the Individual is Concurrently Serving as an Independent Director
Huang, Chen-Yen
Meet One of the Following Professional Qualification Requirements, Together with at Least Five Years Work Experience

An Instructor or Higher Position in a Department of Commerce, Law, Finance, Accounting, or Other Academic Department Related to the Business Needs of the Company in a Public or Private Junior College, College or University

A Judge, Public Prosecutor, Attorney, Certified Public Accountant, or Other Professional or Technical Specialist Who has Passed a National Examination and been Awarded a Certificate in a Profession Necessary for the Business of the Company

Have Work Experience in the Areas of Commerce, Law, Finance, or Accounting, or Otherwise Necessary for the Business of the Company

V
Independence Criteria(Note)
1
2
3
4
5
6
7
8
9
10
11
12
V
V
V
V
V
V
V
V
V
V
V
V
Number of Other Public Companies in Which the Individual is Concurrently Serving as an Independent Director
Wu , Chao-Fu
Meet One of the Following Professional Qualification Requirements, Together with at Least Five Years Work Experience

An Instructor or Higher Position in a Department of Commerce, Law, Finance, Accounting, or Other Academic Department Related to the Business Needs of the Company in a Public or Private Junior College, College or University

A Judge, Public Prosecutor, Attorney, Certified Public Accountant, or Other Professional or Technical Specialist Who has Passed a National Examination and been Awarded a Certificate in a Profession Necessary for the Business of the Company

Have Work Experience in the Areas of Commerce, Law, Finance, or Accounting, or Otherwise Necessary for the Business of the Company

V
V
Independence Criteria(Note)
1
2
3
4
5
6
7
8
9
10
11
12
V
V
V
V
V
V
V
V
V
V
V
V
Number of Other Public Companies in Which the Individual is Concurrently Serving as an Independent Director
Chen, Shuei-Jin
Meet One of the Following Professional Qualification Requirements, Together with at Least Five Years Work Experience

An Instructor or Higher Position in a Department of Commerce, Law, Finance, Accounting, or Other Academic Department Related to the Business Needs of the Company in a Public or Private Junior College, College or University

A Judge, Public Prosecutor, Attorney, Certified Public Accountant, or Other Professional or Technical Specialist Who has Passed a National Examination and been Awarded a Certificate in a Profession Necessary for the Business of the Company

Have Work Experience in the Areas of Commerce, Law, Finance, or Accounting, or Otherwise Necessary for the Business of the Company

V
V
V
Independence Criteria(Note)
1
2
3
4
5
6
7
8
9
10
11
12
V
V
V
V
V
V
V
V
V
V
V
V
Number of Other Public Companies in Which the Individual is Concurrently Serving as an Independent Director
3

Note: Each director or supervisor meets the following conditions in the two years prior to the election and during the term of office:

  1. Not an employee of the Company or any of its affiliates.
  2. Not a director or supervisor of the company or any of its affiliates (The same does not apply, however, in cases where the person is an independent director appointed in accordance with the Act or the laws and regulations of the local country by, and concurrently serving as such at, a company and its parent or subsidiary or a subsidiary of the same parent).
  3. Not a natural-person shareholder whose shareholding ratio is more than an aggregate of 1% of the total issued shares of the company held by the person’s spouse, minor children or held by the person under others’ names, or, whose shareholding ratio, occupies one of the ten highest proportions amongst all by the person.
  4. Not a spouse, relative within the second degree of kinship, or lineal relative within the third degree of kinship, of a managerial officer as described in (1) or any of the persons as described in (2) and (3).
  5. Hold more than 5% of the total issued shares of the company indirectly, and hold the top five shares, or in accordance with Article 27, Paragraph 1 or 2 of the Company Law
    A representative is appointed to act as a director, supervisor or employee of a corporate shareholder of the company or supervisor (except in the case of an independent director appointed by the company and its parent company, subsidiary or subsidiary of the same parent company in accordance with this Act or the laws and regulations of the local country).
  6. A director, supervisor or employee of another company whose directorships or voting shares are not controlled by the same person (except in the case of an independent director of the company or its parent company, subsidiary or subsidiary of the same parent company in accordance with this Act or the laws of the local country).
  7. Director (director), supervisor (supervisor) or employee of another company or organization who is not the same person or spouse as the chairman, general manager or equivalent of the company (except for the case of an independent director appointed by the company and its parent company, subsidiary or subsidiary of the same parent company in accordance with this Law or the laws and regulations of the local country).
  8. Directors (directors), supervisors (supervisors), managers or shareholders holding more than 5% of the shares of a specific company or institution that is not in financial or business dealings with the company (except that the total number of issued shares of the company is held by a specific company or institution
    20% or more, but not more than 50%, and the company and its parent company, subsidiaries or subsidiaries of the same parent company are set up as independent directors in accordance with this Law or the laws and regulations of the local country, except for this limit).
  9. Business, legal, financial, accounting, etc., who do not provide audits for companies or affiliates or whose cumulative amount of remuneration in the last two years does not exceed NT$500,000
    Owners, partners, directors, supervisors, managers and their spouses of professionals, sole proprietorships, partnerships, companies or institutions. However, this does not apply to members of the Remuneration Committee, the Tender Takeovers Review Committee, or the Special Committee on Mergers and Acquisitions who perform their duties and powers under the Securities and Exchange Act or the Mergers and Acquisitions Act.
  10. There is no spouse or family relationship within the second degree of kinship with other directors.
  11. There is no one of the circumstances of any of the provisions of Article 30 of the Companies Act.
  12. Article 27 of the Company Act does not provide for the election of a government, a legal person or a representative thereof.
Board Responsibilities

The Company has planned its business operations and policies, formulated operational goals, implemented corporate governance and fulfilled corporate social responsibility, and the Company’s main managers are also appointed to promote the implementation of the Company’s business.

Board Diversity Policy

In order to achieve sustainable and balanced development and increasing diversity at the Board level, the Company will consider the diversity of the Board members from various aspects, including but not limited to gender, age, culture, educational background, ethnicity, professional experience, skills, knowledge or field of work, when setting the composition of the Board of Directors. All appointments to the Board are based on the principle of meritocracy, and the importance of diversity on the Board is fully taken into account when considering candidates.

Implementation of diversity on the Board of Directors

In view of the increasing diversification of the responsibilities of the Board of Directors, in order to ensure the sustainable and balanced development of corporate operations and improve the Company’s operating performance and management efficiency, the Board of Directors of the Company approved the formulation of the “Corporate Governance Code” on 25 July 2017, which formulates a diversity policy for the selection of Directors in Article 20 of Chapter 3 “Strengthening the Functions of the Board”, which considers the suitability of the Board members from multiple aspects and perspectives, including but not limited to gender, age, culture, educational background, ethnicity, professional experience, skills, knowledge or field of work. All appointments to the Board are based on the principle of meritocracy, and the importance of diversity on the Board is fully taken into account when considering candidates.

The nomination and selection of members of the Board of Directors of the Company is in accordance with the provisions of the Articles of Association, and the nomination system of candidates is adopted, in addition to evaluating the qualifications of each candidate’s academic experience, and with reference to the opinions of stakeholders, and complying with the “Regulations for the Election of Directors and Supervisors” and the “Corporate Governance Integrity” to ensure the diversity and independence of the Board members.

Among the 9 directors of the 4th session of the company, there are 6 general directors, including 1 female member, Chen Laichun, who has experience in roaster management and is good at financial and accounting management, Xie Shunhe and Zhang Zhihao, who have business management and knowledge of baking equipment industry, Zhang Ruirong, Cai Fenglong, Xiao Kaifeng, Zhang Zhihao, who are familiar with the management and professional knowledge of baking equipment, Xie Shunhe, who is familiar with professional knowledge of baking raw materials, and Zhang Ruirong, who has professional knowledge of production quality and R&D technology. Cai Fenglong and Xie Shunhe, three independent directors, each with different field expertise, including Huang Chenyan, independent director, is good at production management and quality system, Chen Shuijin, independent director has an accountant license, specializing in financial accounting and business regulations, and Shi Kunhe is the director of the China Cereal Food Industry Technology Research Institute, who has served as a member and supervisor of the technical examination of baked food, as well as a referee of domestic and international bread competitions, and is very familiar with the development process of the baking industry, and has professional experience and contacts in the upstream, middle and downstream of the baking industry, and has cultivated many bakers and baking entrepreneurs in Taiwan。 These three independent directors have made significant contributions to the Company in terms of manufacturing quality system, accounting system, legal compliance and industry development trends.

The board members have diverse backgrounds such as industry experience, professional practice and academic knowledge, which can give professional advice to the company from different perspectives, which is of great help to improve the company’s operation and management performance.

The company’s employee directors account for 22%, independent directors account for 33%, and female directors account for 11%. In the future, the company will focus on gender equality in the composition of the board of directors, and hopes to achieve more than 30% of female directors.

As can be seen from the following table, the core projects of the company’s director diversification include two parts, one is industrial experience, including 4 items of baking raw materials, baking equipment, baking equipment and bakery products, and the other is professional ability, including 4 items of accounting and finance, law, production and quality, and R&D technology.

Board members are diverse

Name of director

Basic composition
Industry experience
Professional proficiency
Nationality
Gender
He also serves as an employee of the Company
age
The length of office of the independent directors
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
Accounting and Finance
Law
Production Quality
R&D
Under 50
50 to 60
61 to 70
71 to 80
Less than 3 years
3 to 9 years
More than 9 years
Chang, Jui-Jung
R.O.C
Male
V
V
V
V
Hsieh, Shun-Ho
R.O.C
Male
V
V
V
V
V
Chen, Lai-Chun
R.O.C
Female
V
V
V
Tsai,Feng-Lung
R.O.C
Male
V
V
V
V
Hsiao, Kai-Feng
R.O.C
Male
V
V
V
V
V
V
V
Chang, Chih-Hao
R.O.C
Male
V
V
V
V
V
Chen, Shuei-Jin
R.O.C
Male
V
V
V
V
Shi, Kun-He
R.O.C
Male
V
V
V
V
V
V
V
Huang, Chen-Yen
R.O.C
Male
V
V
V
V

In 2023, the Board of Directors of the Company held 7 meetings, with a director attendance rate of 97%; In 2024, the Board of Directors held 7 meetings, with a 98% attendance rate of directors

Chairperson:Chang, Jui-Jung
Nationality
R.O.C
Date Elected
2020/6/19
Gender
Male
Industry experience
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
V
Professional proficiency
Accounting
Law
Production Quality
R&D
V
V
Chairperson:Chang, Jui-Jung
Nationality
R.O.C
Date Elected
2020/6/19
Gender
Male
Industry experience
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
V
Professional proficiency
Accounting
Law
Production Quality
R&D
V
V
Director:Hsieh, Shun-Ho
Nationality
R.O.C
Date Elected
2020/6/19
Gender
Male
Industry experience
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
V
V
Professional proficiency
Accounting
Law
Production Quality
R&D
V
V
Director:Chen, Lai-Chun
Nationality
R.O.C
Date Elected
2020/6/19
Gender
Female
Industry experience
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
V
Professional proficiency
Accounting
Law
Production Quality
R&D
V
Director:Tsai, Feng-Lung
Nationality
R.O.C
Date Elected
2020/6/19
Gender
Male
Industry experience
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
V
Professional proficiency
Accounting
Law
Production Quality
R&D
V
V
Director: Siu Hoi Fung
Nationality
R.O.C
Date Elected
2020/6/19
Gender
Male
Industry experience
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
V
V
V
Professional proficiency
Accounting
Law
Production Quality
R&D
V
V
Director:Chang, Chih-ao
Nationality
R.O.C
Date Elected
2020/6/19
Gender
Male
Industry experience
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
V
V
V
Professional proficiency
Accounting
Law
Production Quality
R&D
Independent Director:Chen, Shuei-Jin
Nationality
R.O.C
Date Elected
2020/6/19
Gender
Male
Industry experience
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
Professional proficiency
Accounting
Law
Production Quality
R&D
V
V
Independent Director: Shi Kunhe
Nationality
R.O.C
Date Elected
2020/6/19
Gender
Male
Industry experience
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
V
V
V
V
Professional proficiency
Accounting
Law
Production Quality
R&D
V
Independent Director:Huang, Chen-Yen
Nationality
R.O.C
Date Elected
2020/6/19
Gender
Male
Industry experience
Baking Equipment
Baking Utensils
Baking Ingredients
Baking Product
V
Professional proficiency
Accounting
Law
Production Quality
R&D
V
Executive Director Independent Director Female Director
2/9(22%)
3/9(33%)
1/9(11%)

In the succession planning plan of the directors and heads of various units of the Company, in addition to the excellent work ability, professional skills and knowledge, the successor also focuses on the business philosophy and personality traits of the Company – “Professionalism, Integrity and Innovation”.

In the fourth term of directors of the Company in 2023, Xiao Kaifeng, a professional manager, will replace the director of the family Zhang Ruiqing, reducing the number of directors of the Company to 2, and the three independent directors will start a gradual replacement rotation plan because they have completed two terms, and Shi Kunhe, director of the China Cereal Food Industry Technology Research Institute, who is familiar with the development of the baking industry, will replace the original independent director Wu Chaofu, so as to be more in line with the spirit of corporate governance.

After the reorganization of the Group’s functional organization in 2019, after nearly five years of operation, the Group’s three functional segments, namely the Technology Research Center, the Marketing Center and the Management Center, have been on the right track of management and are operating smoothly, and the three major sectors have gradually arranged for the cultivation of successors. In addition, the subsidiaries include: Wuxi Sanneng, Taiwan Sanneng, Japan Sanneng and Indonesia Sanneng, as well as Sun Company: Skyll, Xinneng and Guangzhou Sanneng, all of which have formulated a rotation and training plan for directors and supervisors at or above the associate level, including the second generation of directors and senior personnel above the associate level and major shareholders of the existing group and subsidiaries, and the general manager rotation of the subsidiaries is carried out through the proposal of the remuneration committee and the approval of the board of directors, so as to cultivate the company’s talents and enhance the decision-making ability, and look forward to continuing to meet the company’s growth needs. From this, the core decision-making successor team of the group is cultivated and selected.

The rotation and training plan for directors and management directors planned by the Company includes two parts: professional knowledge and management ability, and the professional knowledge training courses include six major areas, including technology research and development, manufacturing, marketing and sales, financial accounting, human resources, and internal control system. Management capabilities include leadership, strategic planning, and risk management. The training model is carried out through the formulation of an annual education and training plan, which is designed by internal lecturer training, external EMBA courses and actual work rotation and overseas dispatch, etc., and the whole course training cycle is a cycle of 3 years, and the results are analyzed, reviewed and optimized every year.

At present, the implementation of the second three-year training plan includes the approval of the board of directors in 2023 Chen Liuyu to take over as the chief financial officer and Xiao Kaifeng to take over as the chief executive officer (general manager), in addition to the echelon succession, it can also meet the provisions of the FSC Corporate Governance 3.0 – the chairman and the general manager are not the same person or each other’s spouse or a relative relationship, and from 2024, the director of the management center will be taken over by Zhang Xinyi, general manager of Taiwan Sanneng, and gradually complete the succession plan of generational succession. For the subsidiary part, from 2023, Wuxi Sanneng will be taken over by Hua Weiqin as general manager, from 2024 Lin Suyu will take over as general manager of Guangzhou Sanneng, and Wuxi Sanneng will be promoted by associate manager Zhang Shiwei; In 2025, in order to further cultivate successor talents, the vice president of Wuxi Sanneng Technology Research will be replaced by Zhang Zhihao, and the former vice president of technology research and development will be the vice president of rotation management of Pingjun, and at the same time, because of the new Indonesian industry in 2024, the general manager of Indonesian industry and Indonesia Sanneng will be taken over by Xu Qinghe, the director of the plan.

At present, the Company’s senior management rotation and training program is still ongoing, and the training positions include the heads of other centers of the Group and the management cadres above the manager level of the subsidiaries, and it is expected that the trainees will continue to improve the professional knowledge and management ability required for the planned arrangement of new positions within the expected time, and successfully complete the succession tasks through the rigorous and thorough training plan and complete the complete professional ability training.

Shopping Cart