Awards & Certifications

2020/06

CTCI Corp., CTCI ASI, and ECOVE Celebrate Back-to-Back Victories as Top 5% Performers in the 6th Corporate Governance Evaluation

In the 6th Corporate Governance Evaluation by Taiwan Stock Exchange (TWSE) and Taipei Exchange (TPEx), three listed companies of CTCI Group (CTCI Corp., CTCI Advanced Systems, ECOVE) finished among the top 5% of the TWSE and TPEx listed categories. In addition, CTCI Corp. and ECOVE finished among the top 10% of listed companies in the non-finance and non-electronics industry category with a market capitalization of TWD 10 billion or more. The two evaluations are divided into 7 and 5 notches respectively, with CTCI companies rated at the highest notches in both categories.

This year's evaluations were carried out using 85 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 1,600 companies, including 901 TWSE listed companies and 699 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 in 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 has incorporated corporate social responsibility fulfillment into its business strategies and provided clients with optimized engineering series by utilizing its core competencies. This has been done by balancing the economic, social, and environmental developments as part of the contribution towards global sustainability. Its outstanding performances have been recognized in several domestic and foreign evaluations, including: being chosen as one of the constituent stocks in Dow Jones Sustainability? Emerging Markets Diversified Index for five 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).