AUO's shareholders will re-elect directors this year. Among the latest candidate list of directors, former chairman Li Kunyao, who has retired behind the scenes for many years, is not included in the list. On behalf of Li Kunyao, he bids farewell to the board of directors and com

AUO's shareholders will re-elect directors this year. Among the latest director candidate lists, former chairman Li Kunyao , who has retreated behind the scenes for many years, is not listed on the list. On behalf of Li Kunyao, he bids farewell to the board of directors and completely hands over the baton. There are many new faces on the board of directors this time. The legal director representative of the major shareholder Qisda has elected Huang Hanzhou, the new general manager of Qisda. There is also another legal director representative who is the former vice president of Guanghui and the former chief technology officer of Yuantai. This means another Major shareholder Quanta has entered the board of directors of AUO.

Regarding the planning and consideration of the list of new directors, AUO pointed out that the board of directors continues to improve corporate governance and maintain a majority of independent directors for the next term. Since 2013, it has been more than half of independent directors for four consecutive terms. In addition, AUO has had at least two female independent directors since 2007, and in the next term female directors will be close to half, accounting for 4/9. The board of directors sets diversified professional conditions based on the company's future development needs. The overall board members cover professional fields such as technology industry, technology research and development, industrial innovation, financial accounting, financial investment, and corporate sustainability.

Li Kunyao believes that he has completed the phased tasks at AUO and will not be re-elected as a director in accordance with his personal plan. The board of directors respects and thanks Li Kunyao for his contributions to AUO over the years.

AUO's current board of directors includes Peng Shuanglang, Li Kunyao, Chen Qihong and Ke Furen, and the five independent directors include Peng Jinbin, Shi Yanxiang, He Meiyue, Su Yanxue and Cheng Zhanglin. AUO has many new faces in its director selection list this year. The candidate list of directors includes current chairman Peng Shuanglang, general manager Ke Furen, Huang Hanzhou and Cai Juanjuan. The five independent directors are Peng Jinbin, Su Yanxue, Cheng Zhanglin, and two new faces, Lu Qiuling and Han Jingshi.

It is worth noting that Li Kunyao is not among the new directors. Li Kunyao resigned from the AUO board of directors in 2015, but still serves as a director of AUO. He will withdraw from the board of directors after the director re-election this year, which also means that Li Kunyao has completely handed over the baton. In addition, Qisda will promote high-level personnel changes this year. Huang Hanzhou will take over as the general manager of Qisda and will also take over as a director of AUO this year.

In addition, what is special is that one of the directors is Cai Juanjuan, the legal representative of Manhua Investment Company, one of Quanta's investment companies. AUO and Guanghui merged in 2006. Afterwards, Quanta's forces completely withdrew from AUO's operations. However, Quanta still holds 4.61% of AUO's shares. The inclusion of Cai Juanjuan this time will be the first time that Quanta Group has entered the market. AUO Board of Directors.

Shi Yanxiang and He Meiyue have served as independent directors for many terms. Therefore, new blood has been injected into the new list of independent directors this year, including Lu Qiuling, professor of the Department of State-owned Enterprises at National Taiwan University, president of Deming University of Finance and Economics, and former director of the Direct Investment Department of China Development Bank. Han Jingshi, a senior associate and current independent director of many technology companies, serves as an independent director.