Gemtek Technology has consistently upheld the principles of professionalism, business integrity, and service quality throughout its operations. Our management team remains vigilant of emerging technological trends within the industry and is adept at swiftly identifying and managing risks to minimize operational impacts.
Risk identification, management, and response measures are carried out by various functional units accordingly to analyze underlying risks and opportunities. Based on the results of these analyses, we develop contingency plans to safeguard the rights and interests of employees, shareholders, partners, and customers. These efforts aim to enhance company value and optimize the allocation of business resources.
Risk Management Framework
Gemtek's risk control mechanism is divided into two levels. The "First Level Control" is handled by the organizer/undertaker, who is responsible for initial risk identification, assessment, management, and prevention procedures. The "Second Level Control" involves the final review and decision-making by the chairman of the board, following an evaluation meeting held by senior management (deputy general manager and above) to assess the feasibility of business plans and related risks.
To minimize the impact of operational risks, the company has established business continuity plans. In the event of an abnormal situation or emergency, the company will implement these plans in accordance with current policies (Business Continuity Management).
Risk Evaluation and Management
A total of 41 risk factors were identified, among which 10 risk factors were selected for 2023 target risk analysis and management.
