Corporate Sustainability
In pursuit of sustainable corporate development, our Company places great importance on our stakeholders' issues of concern. Based on the characteristics of our operations, we have identified five main categories of stakeholders. Through appropriate communication channels, we strive to understand stakeholders’ reasonable expectations and needs, and we provide suitable response mechanisms to protect their rights and interests. By managing these relationships effectively, we aim to maintain positive interactions with stakeholders and create greater value for society.
Stakeholders | Key Issues of Concern | Communication Channels & Response Methods | 2024 Communication Activities |
|---|---|---|---|
Employees | Employment relationship Occupational health and safety Employee benefits and remuneration Talent recruitment and retention | Training programs Labor-management meetings Employee Welfare Committee Occupational Safety and Health Committee Internal emails and messaging groups | - Irregular training based on departmental needs - At least one labor-management meeting per quarter - At least one occupational safety committee meeting per quarter - Enhanced two-way communication via internal messaging channels |
Customers | R&D Regulatory compliance Customer data confidentiality Product quality and warranty | Customer visits Project meetings Customer satisfaction surveys Phone, meetings, and email | - Irregular visits and audits - Ceremonies held according to project milestones - Daily communication via phone, meetings, and email |
Suppliers | Regulatory compliance Corporate integrity Supplier management Client privacy protection Product quality and responsibility | Supplier meetings Visits by procurement staff Supplier audits and on-site inspections | - Irregular on-site inspections - Daily communication via phone, meetings, and email |
Shareholders | Corporate governance Operational performance Market image Sustainable development strategies | Annual shareholders’ meetings Spokesperson system Market Observation Post System (MOPS) Investor relations contact window | - Held annual shareholders' meeting and investor briefings - Disclosed material information and reports as required - Maintained long-term communication through spokesperson system |
Community/ Government Agencies | Corporate governance Industry-academia collaboration Domestic shipbuilding Regulatory compliance Occupational safety and health | Official correspondence Designated Point of Contact Academic Cooperative and internship programs Policy advocacy and regulation briefings | - Irregular official correspondence - Collaboration programs and scholarships - Established (or revised) policies and procedures per authority regulations - Cooperated with supervisory inspections and audits |
Stakeholder Contact Information:
Ms. Meng-Ping Chou
TEL : +886-2-26571830
E-mail : ir@lungteh.com
Integrity and Whistleblower Policy
The Company places great emphasis on cultivating a corporate culture of integrity and transparency, and on promoting sound corporate governance. If you become aware of any violation of integrity by our personnel, you are encouraged to report it through the following channels:
E-mail : anticorruption@lungteh.com
Mailing Address : No. 15, Dexing 5th Rd, Dongshan Township, Yilan County,Taiwan Integrity Management Task Force
Promotion of Integrity Policy Training
To promote a deeper understanding of the concept of ethical business practices, the Company conducted a one-hour training session related to integrity management in 2024. The training materials and handouts were also made available to all employees for reference.