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IP management

Intellectual Property Management

For the Company's acquisition, maintenance and use of intellectual property (IP) to comply with relevant laws and regulations in order to protect its own rights and interests as well as to avoid right infringement, and for all employees to have a correct understanding of IP management and the importance of research and development as well as innovation, CWE strengthens corporate governance through IP management to secure sustainable business.

CWE's IP management plan and implementation are as follows:

I. IP management

  1. 1. Patent
    1. (1) IP applications shall be filed promptly for inventions or creations of the Company where necessary. The inventors or creators are obliged to assist in completing the applications and providing responses during the process. Before patents are granted, personnel involved with the new types or models shall maintain confidentiality of information pertaining to the inventions or creations.
    2. (2) Patent applications are subject to an assessment process. The assessment takes into account not only the requirements set out in the Patent Act and infringement protection, but also the application scopes. Assessments shall also be conducted for benefits and rights maintenance before patents expire.
  2. 2. Trademark
    1. (1) During the planning and design of a new trademark, both the leading and assisting departments are obliged to maintain confidentiality of relevant details. For outsourced projects, the terms of confidentiality and the liabilities for breaching the contract and leaking confidential information shall be stipulated in the mandate contracts.
    2. (2) Trademarks of the Company can only be used on products and businesses of the Company in order to maintain the exclusive use right of the trademarks. Reproductions of registered trademarks shall be identical to the patterns displayed by the Company. Changes are not allowed. 
  3. 3. Trade Secrets 
    1. (1) Employees of the Company shall maintain the confidentiality of plans, documents, charts, etc. classified as trade secrets by the Company and shall not disclose such items to unauthorized parties. Anyone who violates such rules shall be held liable under civil, criminal, and special acts. Employees shall notify the Company immediately when they disclose trade secrets due to negligence or become aware of disclosures made by others. The obligations of confidentiality and notification would survive termination of employment.
    2. (2) Units involved, either directly or indirectly, with information that has economic value to the Company's production, sales or operation shall adopt appropriate confidentiality measures by the nature of such information.

II. Execution:

  1. 1. In 2014, the "Rules of Intellectual Property Management" were established to safeguard the Company's IP rights and to respect the IP rights of others.
  2. 2. In 2015, the "Principles of Business Integrity" were amended and the "Procedures and Guidelines of Business Integrity" were established to prevent directors and employees from leaking business secrets and IP rights.
  3. 3. The legitimacy of software adopted is reviewed annually to avoid IP infringement.
  4. 4. Assessments on the benefits and rights maintenance of patents are conducted annually.
  5. 5. IP achievements and quantity as of December 31, 2022: CWE has accumulated 27 patent applications with 26 patents received. In terms of patent quality, the allowance rate of our applications is at an impressive 96%.
  6. 6. CWE regularly reports IP matters to the board of directors in the fourth quarter. The last report was done on December 20,2022.

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