Risk Management
Risk Management Policies and Procedures
Proxene has established a "Risk Management Method" approved by the Board of Directors as the highest guiding principle for Proxene 's risk management, and the Audit Committee supervises risk management. The company regularly conducts risk identification and risk assessment every year to identify various risks that may affect business objectives, and decides on appropriate response measures after assessment to effectively reduce the company's operating risks. Proxene always pays attention to the development of domestic and international risk management, and reviews and improves the risk management system established by the company to improve the effectiveness of risk management. It reports risk management to the board of directors at least once a year.
Risk Management Organizational Structure：
01
The Board of Directors oversees the formulation of the Company’s risk management policy, and the Audit Committee oversees risk management.
02
The President Office is responsible for formulating risk management standards and ensuring the implementation of risk management standards approved by the Board of Directors.
03
The audit unit performs audit work with an independent and detached spirit and provides improvement suggestions in a timely manner.
04
Risk management is not just the responsibility of the company's risk management unit or a dedicated person. All functions/departments/units/business undertakers in the company have their corresponding responsibilities and matters that need to be coordinated to implement the company's overall risk management.