To enhance the understanding of listed company personnel regarding material information, information filing procedures, corporate governance regulations, recent regulatory amendments, and cybersecurity, the Taiwan Stock Exchange annually hosts the “Listed Companies Business Seminar.” This key annual event provides the finance and accounting, audit, shareholder affairs, investor relations, and corporate governance personnel of listed companies with insights into recent important business regulations affecting listed companies. From October 22 to November 25, 2025, the Taiwan Stock Exchange held a total of eight Business Seminars across Taipei, Hsinchu, Taichung, Tainan, and Kaohsiung. Each seminar saw enthusiastic attendance, with over 1,000 listed companies and more than 1,200 representatives participating. This demonstrates that the seminars provide practical benefits for listed companies' personnel in executing their duties and are highly valued.
Keeping abreast of new regulatory knowledge and fostering corporate sustainability resilience
Covering topics such as “Material Information and Trading Halts – Concepts and Case Studies,” “Key Points for Annual Information Filing Amendments,” “Amendments to Corporate Governance Regulations and Related Practices,” “Recent Regulatory Amendments,” “Cybersecurity Dissemination,” and “Article 14 of the Securities and Exchange Act- Reporting for Adjustments to Salaries or Allocation of Compensation for Grassroots Employees,” the 2025 Annual Business Seminars were delivered by the instructor team of the Taiwan Stock Exchange. In addition to compiling key case materials such as common deficiencies for listed companies to reference, the seminars also incorporated more practical case studies and adopted a thematic classification approach to present the relevant regulations and practices in a clear and accessible manner. Additionally, the Company collaborated with Taiwan Index Plus Corporation and Taiwan Carbon Solution Exchange to jointly introduce the IR Engage platform and Taiwan’s carbon pricing system to representatives of listed companies at the seminars. All attending representatives expressed affirmation and positive feedback.
In light of investors’ growing attention to material information disclosed by listed companies, the course on Material Information and Trading Halts highlighted recent practical cases to remind representatives of listed companies of key matters to note when releasing material information and applying for trading halts. In addition, the principles governing the disclosure of material information were amended and supplemented this year, primarily to require listed companies to fully disclose the impact of material events. Companies shall not refrain from complete disclosure of the potential losses arising from such events, or their impact on the company’s financial condition and operations, on the grounds that the related losses may be covered by insurance claims, guarantees, or preservation measures. Moreover, when a listed company experiences a cybersecurity incident, it should continuously monitor subsequent developments. If any material changes or new findings arise, the company should promptly disclose supplementary material information, with the aim of enabling listed companies to gain a deeper understanding of the material information disclosure requirements.
In terms of information filing, to alleviate the compliance burden on listed companies, certain filing items were removed this year, including the financial data statement and summary statement of the maximum number and amount of shares eligible for repurchase. Filing frequencies were also relaxed; for example, basic industry classification information of listed companies was changed to annual filing, and the filing of the operational status of functional committees was adjusted to be filed by January 10 of each year.
The Corporate Governance Regulations Amendment and Related Practical Training course covers topics such as “Recent Corporate Governance and Sustainability Initiatives,” “Corporate Value Enhancement Plan,” and “Promotional Matters.” It assists listed companies in improving the quality of sustainability disclosures and continuously refines the functionality of the ESG digital platform. In addition, to enhance companies’ ability to create long-term value, Article 13-3 on the “Corporate Value Enhancement Plan,” along with reference examples, was added to the Corporate Governance Best-Practice Principles for TWSE/TPEx Listed Companies in 2024. The Market Observation Post System has also added a dedicated section for the Corporate Value Enhancement Plan, outlining its specific measures. In 2025, the Corporate Value Enhancement Plan was further incorporated into corporate governance evaluation indicators, encouraging companies to implement value enhancement plans. By doing so, more international capital will be attracted to flow in.
In the courses on “Recent Regulatory Amendments” and the “Article 14 of the Securities and Exchange Act – Reporting for Adjustments to Salaries or Allocation of Compensation for Grassroots Employees,” detailed explanations were provided on the relevant regulations for companies with no par value or with a par value other than NT$10, as well as on the filing procedures related to adjustments in compensation for grassroots employees.
This time, the seminars also invited the Taiwan Index Plus Corporation to explain how the establishment of the IR Engage platform will enhance communication with investors, support engagement between listed companies and investors, and improve the linkage of information from investor conferences. Additionally, members of the Taiwan Carbon Solution Exchange were invited to share insights on Taiwan’s carbon pricing system, domestic and international carbon trading platforms, and future trends in the carbon market.
Enhancing engagement with companies and building a transparent information market
Each instructor effectively incorporated real-world cases into the regulatory explanations, generating an enthusiastic response from the audience. Representatives of the listed companies in attendance provided positive feedback, stating that the course content was comprehensive, and they learned a lot, and expressed overall satisfaction with the business seminars. In the spirit of wholeheartedly serving the capital market, the Taiwan Stock Exchange will continue to organize business seminar activities, engaging in sharing and exchanges with representatives of listed companies. The aim is to enable relevant personnel of listed companies to become proficient in the rules governing material messages, information filing, and regulations. The Taiwan Stock Exchange hopes to enhance the quality of information disclosure by listed companies and reduce violations by improving staff familiarity with procedures and streamlining internal communication processes, thereby achieving the goal of corporate transparency.
The Taiwan Stock Exchange has made the presentation materials of the Taipei session held on October 27, 2025, available on the TWSE WebPro Video Portal https://webpro.twse.com.tw/WebPortal/schedule/ by uploading the video recording of the instructors’ live presentation (path: Business Dissemination/ Investment Dissemination) for listed company personnel unable to attend in person to view online, thereby expanding the dissemination effectiveness.