Since 2020, Ace Pillar has participated in the sustainability and risk control monthly meetings organized by the risk management team of our parent company Qisda. We have continuously monitored potential risks that may impact our Group. In November 2020, we established the Risk Management Committee (RMC) to implement a proactive risk management mechanism. This allows relevant departments to promptly respond to risk events through risk management procedures, thereby reducing or avoiding the impact of risk events. This has also increased employee risk awareness, ensuring the sustainable operation of Ace Pillar.
We promise to continuously provide products and services to create longterm value for customers, shareholders, employees, and society.
Risk management is not about pursuing "zero" risks but rather aiming for maximum benefit within acceptable risk levels to optimize the cost of risk management.
Risk management requires systematic organization and operational procedures for prompt and effective identification, assessment, handling, reporting, and monitoring of material risks that impact the Company's survival capability. This process also increases employee risk awareness.