Business Management & Social Contribution

Key Achievements

The long-term vision of SNI is to utilize cloud computing in conjunction with ICT and AI to facilitate network security while creating an excellent and humanistic smart lifestyle. The company aims to satisfy customers’ needs, safeguard employee benefits, and generate optimal profit for its shareholders. By upholding the values of morality, order and responsibility, which are symbolized by its dove logo and spirit of “composure, calmness and professionalism”, SNI is committed to its service philosophy of “omnipresence, ubiquity, and meticulousness” when engaging in any undertaking such as the development of new network communication products, manufacturing and marketing to meet customer demand, and promoting social welfare in order to achieve corporate sustainability and growth.

With regard to legal affairs, SNI shall comply with pertinent laws and regulations such as the company Act, Securities, and Exchange Act, Business Entity Accounting Act, regulations concerning TWSE/TPEx-listed companies and other relevant laws pertaining to other business activities. In addition, the company shall take a neutral stance with regard to public policies and shall make no financial or tangible political contributions in order to ensure integrity management of its organization.

2020 attendance of BOD members was 94%

2020 operation revenue was  NT$ 7,766,451(K)

2020 the 7th corporate governance score was top 5%

2020 category of market value above 5 billion to 10 billion in the 7th corporate governance score was top 5%

2020年EPS7.67

2020 customer’s satisfaction was 81%

2020 patents accumulated was 50

2020 R&D expenditure account of revenue was 7.19%

Functions of BOD

The Board of Directors functions as SNI’s highest governing body. An Internal Audit Office established under the Board of Directors, is responsible for auditing the company’s administrative systems and relevant operating processes. SNI has a designated CEO under the guidance of the Chairman and is in charge of the company’s future operational development and management strategies. At present, the Chairman serves concurrently as the CEO, albeit temporarily. SNI directors are elected during the shareholders’ meeting from among persons with disposing capacity.

Risk Management

In light of many natural disasters and man-made hazards, such as nuclear disasters, floods, earthquakes, typhoons and tsunamis that have disrupted business operations and resulted in loss of tangible/intangible assets, supply chains and customer orders have also been inevitably affected. In order to sustain business operations, SNI established its “Risk Management Regulations” in 2020, which was approved for implementation by the Board of Directors. With the cooperation of every unit and the support of related risk management and control mechanisms, the company is able to reduce impact and losses arising from risk and expertly manages risk in the event of a crisis.

Social Contribution

SNI cares about society, actively requites society and local communities, and voluntarily reaches out to hear from the stakeholder groups for their needs. The company teams up with employees to involve in social charity and local community activities, fuses into community development and harmony. The company also promotes environmental education. Internally, the company develops green lifestyle concepts in employees and advocates the importance of environmental education, environmental maintenance, and environmental management. Externally, the company promotes community culture, environmental protection, and nature and ecology conservation; create healthy and eco-friendly community lifestyles and cultural heritage for the SNI, employees, and communities to grow together, so as to fulfill corporate social responsibility.

2020 the massage therapist served was 1,643 employees

2020 Donation of network equipment to Reindeer Children’s Home was12 APs

SNI, Fan Shu Vocational School, Lunghwa University of Science and Technology collaborated to offer a “5G Industry Class” in 2020

2020 Donated 420Kg of rice to the Hong Hua Child Care Home

2020 SNI Volunteer Club’s Taoyuan Love Beach Cleanup Event

2020 SNI provides wireless network solutions for quarantine dormitories

SNI’s Financial Risk Management Policies: SNI has adopted a full risk management and control system to clearly identify, evaluate and control risks, including market risks, credit risks, liquidity risks, cash flow risks, etc., and the financial unit identifies, measures and manages risks, so that managerial officers can effectively control and evaluate the aforementioned risks.

To ensure effective control and achieve various market risk management targets so as to attain optimal risk positioning, maintain adequate liquidity while collectively managing all market risks, SNI management assesses the overall economic environment, status of competition, and market value risks.

Its financial risk management related to the management of operating activities is described as follows:

To reduce potential risks in its daily operations, SNI has set up a Legal Affairs Department within the company and appointed professional legal advisors to assist in establishing an effective legal risk control mechanism to prevent liability risks.

The Legal Affairs Department continues to promote risk awareness among employees by providing regular e-newsletters and training seminars to clarify any issues they may have on specific laws and regulations, while assisting in the supervision and control of related internal operations. SNI strictly complies with relevant legislative statutes to minimize legal risks.

The escalating global warming crisis in recent years has led to more severe climate changes and negative effects. Common natural disasters in Taiwan include rainstorms, flooding, typhoons, earthquakes, droughts, high PM2.5 concentrations, etc. which significantly affect people’s quality of life, well-being and health. These disasters increase the chances of structural damage to SNI’s plants and equipment, not to mention a dramatic increase in the possibility of EHS-related hazards, which could in turn lead to higher risks of financial losses and increased operational costs. Therefore, the impact of climate change on the company in terms of health, finance and safety must be thoroughly assessed while exercising due diligence.

After evaluating the risks and opportunities of climate change, SNI’s Corporate Social Responsibility Committee has gradually established specific strategies to overcome risks and challenges that the company may face in the future. In addition, the Committee has explored and studied mechanisms for carbon issue management and would eventually set targets and plans for GHG reduction. Facing the risks of climate change, in October 2020, the Company completed the education and training for the Task Force on Climate-Related Financial Disclosures (TCFD) and referred to this for disclosure of risks and opportunities brought by climate change. It also assessed potential impacts and financial implications in order to take relevant measures that can help strengthen the company’s climate change adaptation capability. SNI actively strives for continuous improvement of its environmental performance to facilitate sound carbon risk management and to capitalize on new green business opportunities. Moreover, the company plans to construct a comprehensive green supply chain system with upstream suppliers to help mitigate the impact of climate change.

By considering transition risks and physical risks aspects, SNI has identified risks associated with climate change and proposed corresponding response plans to mitigate such risks:

To implement ethical management, SNI has established an effective accounting system and internal control systems based on Regulations Governing the Establishment of Internal Control Systems by Public Companies. The Internal Audit Office performs an audit according to the annual audit plan to assess whether the business operations are compliant with laws, regulations, and company policies.

The Internal Audit Office is a subordinate unit under the Board of Directors and reports directly to the Board. The Internal Audit Office submits the annual audit plan to the Board for approval by the end of each year before filing to the SFC. The audit reports are submitted to the Chairman and are required to be presented to the independent directors and supervisors for review within the legally required timeline. Also, the Head of Internal Audit Office shall attend the Board meetings to report audit operations periodically. In the event of deficiencies or material deficiencies in internal control are identified, the Internal Audit Office shall report to the directors and supervisors immediately to ensure effective and timely control of relevant risks. Deficiencies identified during the process of the audit shall be filed and archived accordingly for follow-up until all improvements have been made.

ISO 14001 2015 Environmental Management System Certificate
(Validity period:2019/05/03 – 2022/05/02)

ISO 45001 2018 Occupational safety and health management system certificate
(Validity period:2020/07/25 – 2023/07/24)