Title Name Vita
Chairman Cheng, Ying-Pin Chairman, Long Chen Paper Co., Ltd.
Supervisor, Taiwan Paper Industry Association
Director Wang, Cho-Chiun Director-general, National Police Agency
Director Hsu, Siao-Po Chairman & CEO, PHYCOS International Co., Ltd.
Director Chiu, Chao-Chang Professor, Department of Information Management, Yuan Ze University
Director Chiang , Chun-Te Director ,CTBC Bank Co., Ltd.
Director Guo, Ming-Chien Chairman, Cathay United Bank Co., Ltd.
Independent Director Chiu, Shean-Bii Professor, Department of Finance, National Taiwan University
Independent Director Wu, Zhi-Wei Chairman, Zhi De Investment Co., Ltd.
Independent Director Wu, Zhi Fu General Manager, Taoyuan International Airport Services Co., Ltd.
Audit Committee
Title Name Vita
Independent Director Cheng, Ying-Pin Professor, Department of Finance, National Taiwan University
Independent Director Wang, Cho-Chiun Chairman, Zhi De Investment Co., Ltd.
Independent Director Hsu, Siao-Po General Manager, Taoyuan International Airport Services Co., Ltd.
  Attendance of Board Meetings and Advanced Studies           Resolutions submitted by the Board
  Communication between independent directors, internal audit supervisors and accountants
  Board membership expertise, independence and diversification.
Internal Audit
LCPC shall follow the “Criteria Governing the Establishment of Internal Control Systems by Public Reporting
Companies” issued by the Financial Supervisory Commission, Executive Yuan. The adoption of or amendments to
LCPC’s internal control system shall be submitted to the board of directors for approval by resolution unless
approval has been obtained from relevant government authorities.
  Audit department and internal auditors
LCPC’s Internal Audit is an independent unit that reports directly to the Board of Directors. The Internal Audit department is comprised of one department head and 4-5 full-time qualified internal auditors. Any appointment or discharge of the department head shall be approved by the Board of Directors. The names, ages, educational background, experience, seniority, and training of the internal auditors shall be reported to the FSC for recording by the end of January each year.
  Objectives of Audit
The aims of our internal audit program are to conduct audits effectively, to evaluate problems in the internal control system and assess the efficiency of operations to ensure that such a system can be carried out effectively on a continuous basis, and to assist the board of directors and management to perform their duties effectively so as to ensure a sound corporate governance system. Therefore, our internal audit program shall take into consideration the overall operational activities of the firm and its subsidiaries in establishing an effective internal control system that will be constantly reviewed and updated so as to keep up with the changing environment inside and outside the company and to ensure that the design and enforcement of the system remain effective.
  Procedure of Audit   Regular Declaration of Audit
  Evaluation of transaction risk via internal control cycle   Declaration of audit plans
  Approval of board of directors for annual audit plan   Declaration of audit team
  Conduct regular or irregular auditing work   Declaration of insufficiency
  Post-audit communication and final forum   Statement of internal control
  Audit reporting   Report of insufficiency improvement
  Follow-up and upgrading reporting  
  Self-Assessments of internal control system  
  Audit Performance Report
completed by the Audit team, shall stipulate commends and be delivered to members of the board of
directors, Audit Committee, and the Investigation Institution manage.
Cardinal Corporate Codes
  Memorandum and Articles of Association   Procedures for Acquisition or Disposal Assets
  Rules and Procedures of Board of Directors   Policies and Procedures for Financial Derivatives
  Rules and Procedures of Shareholders Meeting   Procedures for Lending Funds to Other Third Parties
  Procedures for Endorsement and Guarantee   Corporate Governance Principles
  Ethical Corporate Management Principles   Corporate Social Responsibility Best Practice      Principles
  Codes of Ethical Conduct   Rules for Election of Board of Directors
  Rules for Governing the responsibilities of
  Independent Directors
  Audit Committee Charter
  Remuneration Committee Charter   Internal Procedures for Handling Materia Inside
  Regulations of 119 Feedback Mailbox   Regulations of Supplier's Irregular Business Conduct
     in Long Chen Paper