Establishing Risk Management

Risk Management Mechanism

Yoke has established a risk management mechanism to classify risks into four categories: decision risks, financial risks, operational risks, and hazard risks, etc. The risk identification and prevention mechanism has been developed for each type of risk, and a crisis management mechanism has been established to fully implement risk management operations in order to maintain long-term stable operations.

Audit Mechanism

Yoke is a non-publicly issued company and is not obligated under relevant laws to establish an audit department. However, to strengthen corporate governance, the Company voluntarily refers to publicly issued company regulations by establishing an audit unit under the Board of Directors and formulating an internal control system to handle the Company’s internal operations management.

The Company formulates audit plans for the following year at the end of each year, conducts various audit operations monthly according to the plans, confirms audit reports with supervisors of audited departments after completion, and reports to the Chairman monthly after confirmation. The Company also tracks the improvement status of departments regarding confirmed deficiencies and recommendations. Additionally, audit reports are included in the Board of Directors’ meeting agenda. No material deficiencies were found in the 2024 audit operations.

Risk Management