We aim to deliver top-notch semiconductor manufacturing services globally, fostering enduring partnerships. Our commitment to quality will permeate every aspect of the company, fostering a culture of continuous improvement for ultimate customer satisfaction. Our unwavering goal is perfection, striving for zero defects in all our endeavors. Swift containment programs will be implemented to protect customers from defects until they are eradicated, with collective responsibility towards achieving this objective.
Proquan Technologies is dedicated to delivering superior-quality wafers for customer products, integrating robust quality and reliability control systems across our foundry services, spanning technology development to mass production. At each stage, from R&D to fabrication, every new technology undergoes a stringent qualification process aligned with industry-leading standards before transitioning to manufacturing facilities.
Proquan Technologies is dedicated to upholding a proactive and robust Enterprise Risk Management (ERM) system to protect the Company and its stakeholders' interests.
Proquan Technologies' objectives in establishing a reliable ERM system are to:
Ensure confidence that the Company is aware of and manages risks within defined thresholds. Allocate resources strategically, emphasizing enterprise growth and effective capitalization on opportunities while minimizing potential threats' impact.
Ultimately, enhance value creation.
Proquan Technologies' ERM framework facilitates the identification, assessment, response, monitoring, and review of risks. This structured approach assists management in informed decision-making to achieve business strategies and corporate objectives. The company's risk management includes fostering a risk-aware culture, robust risk governance, integrating risk management processes with business operations, and emphasizing collaboration and continuous improvement.
Details of Proquan Technologies' ERM framework, encompassing organizational functions and risk management implementation procedures, are outlined in the Proquan Technologies Enterprise Risk Management Procedure. The Audit and Risk Committee routinely reviews the company's ERM, including procedures and implementation status.
Risk management is a shared responsibility involving both the management team and employees at Proquan Technologies. All employees are expected to be competent and accountable for managing risks within their respective areas of responsibility.
The Policy and any revisions will be effective upon approval by the Board of Directors.