Committees
Green River Holding Co. Ltd.
AUDIT COMMITTEE
| Independent Director / Convener | Mr. Chang, Jun En | Specialty: Solid waste disposal, Resource Recycling, Environmental Engineering and Board Experience -PhD. in Civil Engineering, Tohoku University, Japan -Master of Civil Engineering, National Cheng Kung University -College of Engineering, National Cheng Kung University/ Deputy Dean -Environmental Protection Administration, Executive Yuan, R.O.C.(Taiwan)/ Minister -Formosa Association of Resource Recycling/ Chairman -Sustainable Environment Research Laboratories, National Cheng Kung University, Director -Department of Environmental Engineering, National Cheng Kung University, Professor -Department of Environmental Engineering, National Cheng Kung University, Emeritus Professor -Cleanaway Co Ltd, Independent Director -Cheng Mei Materials Technology Corporation, Independent Director -Yung Yuan Chemical Materials Corp., Consultant -The 20th TECO Award- Machinery/Energy/ Environmental Technology Category -2007 Ho Chin Tui Outstanding Honorary Award- Environment Protection |
| Independent Director | Mr. Pai, Pei-Lin | Specialty: Electrical Engineering, Business Management, Market Experience and Board Experience -PhD. in Electrical Engineering, University of California, Berkeley -B.S, in Department of Electrical Engineering, National Taiwan University -Nanya Technology Corporation, Vice President and Spokesman -Alpha & Omega Semiconductor Co., Ltd., Vice President -FocalTech Systems Co., Ltd., Vice President -Winbond Electronics Corp, Vice President -Intellectual Property Innovation Corporation, Director Representative |
| Independent Director | Ms. Chen, Yu-Hsuan | Specialty: Financial Accounting and Auditing – Master of The Department of Asia-Pacific Industrial and Business Management, National University of Kaohsiung – Bachelor of Accounting group, Department of Business Management, National Sun Yat-sen University – Sheh Kai Precision Co., Ltd audit Director – Sheh Kai Precision Co., Ltd audit Director and Chairman’s Special Assistant – Kuan-Yi Investment Co., Ltd Supervisor – Bymit Inc. Supervisor – Tian Yu Hsuan Ltd. Representative |
Audit Committee scope of authority and annual major matters：
| · Regulatory Compliance. | · Material Loaning of Funds and Making of Endorsements/Guarantees. |
| · Review financial reports. | · Material asset or derivative transactions. |
| · Offering or issuance of securities. | · Appointment, dismissal of financial, accounting and internal audit officer. |
| · Appointment, dismissal of CPA. | · Evaluation of the effectiveness of the internal control system. |
| · Regularly communicate with CPA on the auditing of financial statements. | · Regularly communicate the results of the audit report with the internal auditor based on the annual audit plan. |
Major Resolutions of Audit committee meeting
COMPENSATION COMMITTEE
| Independent Director | Mr. Chang, Jun En | Specialty: Solid waste disposal, Resource Recycling, Environmental Engineering and Board Experience -PhD. in Civil Engineering, Tohoku University, Japan -Master of Civil Engineering, National Cheng Kung University -College of Engineering, National Cheng Kung University/ Deputy Dean -Environmental Protection Administration, Executive Yuan, R.O.C.(Taiwan)/ Minister -Formosa Association of Resource Recycling/ Chairman -Sustainable Environment Research Laboratories, National Cheng Kung University, Director -Department of Environmental Engineering, National Cheng Kung University, Professor -Department of Environmental Engineering, National Cheng Kung University, Emeritus Professor -Cleanaway Co Ltd, Independent Director -Cheng Mei Materials Technology Corporation, Independent Director -Yung Yuan Chemical Materials Corp., Consultant -The 20th TECO Award- Machinery/Energy/ Environmental Technology Category -2007 Ho Chin Tui Outstanding Honorary Award- Environment Protection |
| Independent Director | Mr. Pai, Pei-Lin | Specialty: Electrical Engineering, Business Management, Market Experience and Board Experience -PhD. in Electrical Engineering, University of California, Berkeley -B.S, in Department of Electrical Engineering, National Taiwan University -Nanya Technology Corporation, Vice President and Spokesman -Alpha & Omega Semiconductor Co., Ltd., Vice President -FocalTech Systems Co., Ltd., Vice President -Winbond Electronics Corp, Vice President -Intellectual Property Innovation Corporation, Director Representative |
| Independent Director | Ms. Chen, Yu-Hsuan | Specialty: Financial Accounting and Auditing – Master of The Department of Asia-Pacific Industrial and Business Management, National University of Kaohsiung – Bachelor of Accounting group, Department of Business Management, National Sun Yat-sen University – Sheh Kai Precision Co., Ltd audit Director – Sheh Kai Precision Co., Ltd audit Director and Chairman’s Special Assistant – Kuan-Yi Investment Co., Ltd Supervisor – Bymit Inc. Supervisor – Tian Yu Hsuan Ltd. Representative |
Scope of Authority of this Committee：
- Periodic review the Compensation Committee Charter and proposal of revision recommendations.
- Establish and periodically review the performance evaluation of the annual and long-term performance goals of the Directors and managerial officers of the Company as well as the policy, system, standard, and structure for the compensation.
- Periodically evaluate the performance goal achievement status of the Directors and managerial officers of the Company, and establish the individual compensation content and amount.
Implementation Status, Scope of Authority and Major Resolutions of Compensation committee meeting