Taiwan Depository & Clearing Corporation

With the coming of 2020, TDCC’s StockVote, the electronic voting platform service, can provide investors with a faster, more efficient, and more diverse electronic channel to exercise their shareholders’ voting rights. In 2019, the number of listed companies at the stock exchange, over-the-counter, and emerging stock markets that adopted e-voting at shareholder meetings reached 1,757, with e-voting making up 52.54% of the total shares represented by shareholders present in person. Besides, the total number of votes reached 7,370,000, and the total votes reached 313.3 billion shares. The total number, votes, and even the voting percentage of e-voting reached a record high again, showing the successful results of Taiwan’s implementation of shareholder activism.

In the era of the Internet, cyber security has been a crucial issue for the whole country. The Legislative Yuan has passed, announced, and enforced Cyber Security Management Act, demonstrating the government’s resolution to actively construct a cyber-secure environment in Taiwan. To ensure compliance with cyber security policies and regulations, since January 2020, as shareholders log in and confirm voting result through StockVote, reCAPTCHA, the verification process provided by Google, will be activated, and shareholders have to complete the process by clicking on the button “I'm not a robot” and then choosing the designated pictures on the webpage. In this way, malware can be prevented from interfering with the normal e-voting procedure.

In response to the mobile and digital trend, TDCC will keep optimizing and expanding the functions of StockVote to provide more efficient and digitalized shareholder services, offer investors better quality services, and achieve higher international ratings in Taiwan’s corporate governance.