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.

2019 attendance of BOD members was 93%.

2019 operation revenue was NT$ 7,939,870 (K).

2019 the 6th corporate governance score was

6%-20%.

2019 EPS was 8.65.

2019 customer’s satisfaction was 98%.

2019 patents accumulated was 49.

2019 R&D expenditure account of revenue was 6.46%.

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 in charge of the company’s future operational development and management strategies. At present, the Chairman is temporarily serving concurrently as the CEO. SNI directors are elected by the shareholders’ meeting from the persons with disposing capacity.

According to Article 12 of the Board of Directors’ Rules and Procedures, the company’s Operational Plan and Establishment / Revision of Internal Control System pursuant to Article 14-1 of the Securities and Exchange Act” shall be submitted to the Board of Directors for discussion. According to Article 25 of SNI’s Articles of Association: “The President shall be responsible for managing the company’s various affairs as resolved by the Board of Directors”. SNI is committed to improving company management and has elected all directors and supervisors at the Shareholders’ Meeting. In addition, the Board of Directors meets on a quarterly basis to ensure proper management of the company’s operating performance and achievement of maximum profit for shareholders. Article 15 of the Board of Directors’ Rules and Procedures stipulates the following conditions for directors regarding avoidance of conflict of interest: “For any proposal in which a director or legal person he/she represents has an interest, the director should explain the important aspects of such interest at the Board meeting. When his/her interest is likely to compromise company interests, the director should inhibit himself/herself from the discussion and from voting on the proposal. He or she should recuse him/herself from the discussion and from voting on the proposal, and may not exercise the right to vote for and on behalf of another director”.

Risk Management

Social Contribution

SNI cares a great deal about the society and has been actively giving back to the society and local communities by taking the initiative to listen to the voices and needs of stakeholders and working hand in hand with our employees to take part in social charity and community events. By doing so, we integrate ourselves into community development and promote harmony and environmental education. Internally, we help employees cultivate concepts of a green lifestyle and advocate the importance of environmental education and environment maintenance; externally, SNI promotes community culture, environmental protection, and preservation of natural ecologies in order to facilitate healthy and eco-friendly lifestyles in the community and heritage of culture to ensure mutual growth for SNI, our employees and communities as we fulfill our corporate social responsibilities.

2019 the massage therapist served was 1723 employees.

2019 Donation of telecom devices to Landi Children’s Home was 33 APs and 8 switches.

2019 86 pouches of blood was drawn.

2019 Donated 836 invoices to the Genesis Social Welfare Foundation.

2019 promotional events for mechanizing from disadvantaged minority and social enterprises.

2019 movie viewing organized by employee welfare committee.

2019 donation to charity with suppliers was NT$ 200(K).

2019 organized the Massage and Relaxation with FUN activity with the Taoyuan City Government’s Department of Labor.

The risk management approach adopted by SNI features a management system application as its primary framework. Operating in line with ISO14001 and ISO45001 systems and the PDCA management approach, the company has conducted risk assessment and quantification through environmental considerations and Job Safety Analysis (JSA) for systematic compilation and calculation.

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)

Escalating global warming in recent years has led to more severe climate changes and negative effects. Common natural disasters in Taiwan include rainstorms, flooding, typhoon, earthquake, drought, 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 assessed with due prudence.

After evaluating the risks and opportunities of climate change, SNI’s Corporate Social Responsibility Committee has gradually established specific strategies for risks and challenges that the company may face in the future. In addition, the Committee has also explored and studied mechanisms for carbon issue management and would eventually set targets and plans for GHG reduction. Facing the risks of climate change, SNI will continuously focus on climate change assessment while actively striving 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 legal, physical, and other aspects, SNI has identified risks associated with climate change and proposed corresponding response plans to mitigate such risks:

SNI has adopted a full risk management and control system in order to clearly identify, evaluate and control risks, including market risks, credit risks, liquidity risks, cash flow risks, etc., so that the 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.

In order to ensure due implementation of integrity management, SNI has adhered to the “Regulations Governing Establishment of Internal Control Systems by Public Companies” and established effective accounting system and internal control systems, which are subject to periodic audit by Audit Office internal audit personnel to ascertain the compliance of the aforementioned systems. The Audit Office is a subordinate unit under the Board of Directors and answers directly to the Board. At the end of each year, the Audit Office will draft the audit plan for the following year and submit the plan to the Board of Directors’ for approval before it is declared to the competent authority. In addition to being submitted to the Chairman for review, the written audit report shall be submitted to independent directors and supervisors for perusal within the legally required timeline. Not only that, representatives of the Audit Office shall attend Board of Directors meetings to periodically report the outcome of audit operations. In the event of major incidents or when anomalies/oversights have been discovered, the Audit Office shall report to the directors and supervisors immediately to ensure effective and timely control of relevant risks. Anomalies/oversights identified during the process of audit shall be filed and archived accordingly for periodical inventory and follow-up until all rectifications have been made.

SNI understands the vital importance of information security to the company and is fully aware that in order to maintain information security and to prevent factors such as natural disasters, equipment failure, misuse, or acts of sabotage from causing information system security incidents, the company must establish corresponding protective measures to minimize potential impacts. SNI’s information security policy is encapsulated in the slogan “risk assessment is the key to seamless information security”. As such, the company has gradually completed its construction of relevant management regulations and frameworks for information security in accordance with relevant risk levels to ensure adequate and effective protection for its information systems and data. These measures and systems are important for maintaining SNI’s competitive edge.