Stakeholder Communication Mechanism

We have compiled the issues of concern to the five types of stakeholders of Sincere Navigation, as well as the channels and frequencies of our communication with stakeholders, as detailed in the following table:

List of Communication Channels for Stakeholders

StakeholderIdentityIssuesCommunication methodCommunication frequency
EmployeesSincere's employees in all units1.Wages and employees care
2.Labor safety
3.Work environment
4.Risk management
5.Operational performance
6.Business ethics
Department meetings
Channel for employees' complaints
Training & education for shipboard personnel
Training & education for land personnel
Unregularly
Anytime

At least once a year

At least once a year
SuppliersSuppliers of raw materials to Sincere1.Supplier management
2.Legal compliance
1.Technical department
2.Compliant Channel for Code of ethic and conduct
Anytime
Anytime
ClientsTOP 10 clients1.Legal compliance
2.Risk management
3.Emission
1.The Company's official website
2.Visiting clients in personal
3.Contact persons of the operation department
Anytime
Unregularly
Anytime
InvestorsInvestors of Sincere1.Business strategy
2.Business performance
3.Business of ethic and conduct
4.Legal compliance
5.Risk management
1.CTBC Securities Trust
2.The Company's official website
3.Institutional investors
4.Phone
5.E-mail
Anytime
Anytime
Unregularly
Anytime
Anytime
Government1.Regulator of shipping transportation industry
2.Regulator of listed companies
1.Business performance
2.Business of ethic and conduct
3.Legal compliance
4.Risk management
5.Emission
1.Orders or supervision and regulation letters from regulators
2.Workshops or conference held by the government
3.Discussions by the association
4.The Company's official website
Unregularly


Unregularly

Unregularly
Anytime