About us

At GPM, integrity is our core value and culture. GPM employees are our most important asset. We uphold the highest standards of corporate governance to fulfill corporate social responsibility. Based on the GPM corporate team, we aim to build a competitive and happy enterprise on the foundation of the GPM team. We want to use our influence and take actions giving back to the society, continue our innovation, and pursue long-term stable profits. Our goal is to operate sustainably, pushing GPM forward as a centennial enterprise.

Internal Audit System

We have an independent internal audit department (IAD) under the board of directors. Besides reporting at the board meeting, the IAD should immediately report to the chairperson, audit committee, and the president as necessary to enforce the spirit of corporate governance. According to the Internal Audit Rules, an internal audit aims to review the internal controls of the company’s operating procedures and report if such controls are appropriately designed and practiced in routine work, to achieve the goal of the internal control system. The internal control system and audit scope covers all operations and all subsidiaries of this company. Basically, audits are implemented with reference to the audit plan approved by the board. The audit plan is drawn up with reference to the identified risks. Project audits or reviews may be implemented as necessary. In conclusion, general or project audits are implemented to provide management with information regarding the status of operation of internal controls. They also provide another channel for management to understand current and potential defects in the internal control. After implementing an internal audit with reference to the audit plan, a written audit report and follow-up report shall be submitted periodically to the audit committee for review. In an internal audit, the self-inspection implemented by each unit under the internal control system shall be reviewed. The review shall include checking if self-inspection is implemented and relevant documents shall be reviewed to ensure the quality of implementation. The self-inspection results shall be integrated with the internal control defects found by auditors and improvement of anomalies for the reference of issuing the statement on internal controls (SIS) by the board and the president. The self-inspection implemented by each unit shall be reviewed during an internal audit. The check shall include if self-inspection is implemented and relevant documents shall be reviewed to ensure the quality of implementation. The self-inspection results shall be integrated and reported to the chairperson, audit committee, and board.