Awards & Certifications

2021/07

Three CTCI Listed Companies Remain Top 5% Performers in Corporate Governance Evaluation

According to the results of the 7th Corporate Governance Evaluation by Taiwan Stock Exchange (TWSE) and Taipei Exchange (TPEx), three listed companies of CTCI Group (CTCI Corp., CTCI Advanced Systems, and ECOVE) scored top 5% in the TWSE and TPEx listed categories respectively. In addition, CTCI Corp. and ECOVE scored top 10% as listed companies in the non-finance and non-electronics industry category with a market capitalization of TWD 10 billion or above. All CTCI companies are in the top notch in both evaluations, which have been divided into 7 and 5 notches respectively.



This year's evaluations were carried out using 84 indicators in 4 major dimensions: equal treatment for shareholders and protecting their rights and interests, enhancing board structure and operation, increasing information transparency, and putting corporate social responsibility into practice. A total of 1,617 companies, including 905 TWSE listed companies and 712 TPEx listed companies, were evaluated. Once again, the awards are recognition of CTCI's efforts in operational performance, corporate governance, and corporate social responsibility.



As a leader of Taiwan's engineering industry, CTCI continues to hold fast to its "Most Reliable" brand spirit to improve its corporate governance, and strives for sustainable business performance. Through the promotion of "Total Participation CSR Excellence Practice," CTCI seeks to strike a balance between economic, social, and environmental aspects as part of its contribution towards global sustainability. To date, CTCI Group has received various recognitions from domestic and foreign evaluations, including: being chosen as one of the constituent stocks in Dow Jones Sustainability™ Emerging Markets Diversified Index for six consecutive years; being awarded with Excellence in Corporate Social Responsibility Award by CommonWealth Magazine; and being awarded with the Ten Most Sustainable Company Awards by Taiwan Corporate Sustainability Awards (TCSA).