Responsibilities and Functions of Major Departments
| Department | Duties and Responsibilities |
| Audit Committee |
1. Establish or revise an internal control system. 2. Evaluate the effectiveness of the internal control system. 3. Establish or amend the handling procedures for financial or operational actions of material significance, such as acquisition or disposal of assets, derivatives trading, extension of monetary loans to others, or endorsements or guarantees for others. 4. Resolve issues related to the personal interest of a director. 5. Approve material asset or derivatives transaction. 6. Review and approve material monetary loan, endorsement, or provision of guarantee. 7. Offering, issuance, or private placement of equity-type securities. 8. Appoint, discharge, or set remuneration for certified public accountants. 9. Appoint or discharge financial, accounting, or internal audit supervisors. 10. Audit annual and semi-annual financial reports. 11. Any other material matter so required by the Company or the competent authority. |
| Remuneration Committee |
1. Formulate and regularly review the policy, system, standards, and structure of the performance assessment and remuneration of directors and managerial officers. 2. Regularly review and set remuneration of directors and managerial officers. |
| Auditing Office |
1. Establish, amend, evaluate, and approve the ICS of the company. 2. Implement auditing and independent assessment of the activities of central or branch units. 3. Research, improve, and recommend matters related to legal regulations and auditing techniques. |
| Chairman | Decides on the major businesses and administrative activities of the Company. |
| Co-CEO and President | Jointly implements the resolution of the shareholders’ meeting and the board of directors, manage all Company's matters and outline the directions and objectives of the Company's business and operations. |
| General Manager's Office | Responsible for internal and external coordination for overall operations, and comprises investor relation and stock affairs personnel. |
| Design and Product Center |
1. R&D and design of new product technologies, circuit layout and verification of products. 2. Review, implement, and evaluate research proposals. 3. Define, research and develop, and verify product architecture and application systems. 4. Evaluate customer requirements and support customer service activities for field application departments. |
| Technology Quality and Operations Center |
1. Manage Company's production and outsourced processes, achieve the annual goals of production plans and cost control. 2. Responsible for product testing, verification, maintenance, and quality improvement. 3. Responsible for product quality and reliability planning, implementation, and evaluation, establishing quality assurance framework and system, and quality-related training. |
| Marketing and Sales Center |
1. Responsible for product sales, customer service, and sales market expansion. 2. Collect overseas and domestic market information, analyze industrial trends, and investigate competitors' information. |
| Human Resources and Administration Department |
Responsible for human resources management, talent development ,administration and general affairs, environmental protection public security, and occupational safety and health activities. |
| Financial Department | Provide accurate and effective financial accounting information, and make use investment or financing activities to generate value for the Company. |
| Legel and Intellectual Property Department |
1. Responsible for the company's legal risk management, contract management, rules and regulations and compliance review. 2. Responsible for product IP writing, application and maintenance. |
| Information Management Department |
Responsible for computer and information product purchase, maintenance, and security. |
Management
| Title | Name | Main Experience and Academic Background |
| Chairman | Wei Chen | PhD, Department of Electrical Engineering, Virginia Polytechnic Institute and State University, USA; Technical Manager, Linear Technology; Deputy Chief System and Applications Technology Officer, Monolithic Power Systems, Inc. |
| Co-CEO and General Manager | Budong You | PhD, Department of Electrical Engineering, Virginia Polytechnic Institute and State University, USA; Deputy Technology Manager, Volterra Semiconductor |
| Bing Xie |
Master of Business Administration at Clemson University in South Carolina Bachelor of Science in Electronics Engineering at Xidian University in Xi’an, Shaanxi, China. Executive Officer and Senior Vice President, Texas Instrument, in charge of global sales,marketing, FAE and operations teams. Director, Huami Corporation (NYSE: ZEPP) |
|
| Fellow | Jaime Tseng | Electrical Engineering, University of California, Berkeley; Design Manager, Linear Technology |
| Chief Financial Officer | Shao-wei Chen |
Department of Accounting, Chung Yuan Christian University; Financial manager, BenQ Materials Corp. |
