CHEP Shareholders’ Meeting Video Conference Platform Experience Successfully Exported to South Korea
Based on the experience of Taiwan's eMeeting platform, the Korean Securities Central Depository officially launched the Korean Electronic Shareholders Meeting service. Lin Binghui, Chairman of the CHEP Clearing House, was invited to attend and deliver a speech.
Quick Look
- The Korea Securities Depository (KSD) held an electronic shareholder meeting launch ceremony in Seoul based on the successful experience of Taiwan’s Central Securities Clearing House’s eMeeting platform.
- CHEP Chairman Lin Binghui was invited to deliver a speech, demonstrating the exchange results between Taiwan and South Korea in the field of digital innovation and the strength of Taiwan's financial infrastructure.
AI-generated summary
Why It Matters
The Korean Central Securities Depository held an electronic shareholder meeting launch ceremony in Seoul based on the years of experience in promoting the eMeeting platform of Taiwan’s Central Insurance Clearing House.
CHEP Chairman Lam Binghui was invited to attend the launch ceremony of the Korean Electronics Shareholders Meeting (provided by CHEP)
[Reporter Chen Yongji/Taipei Report] The Korean Securities Depository (KSD) drew on the successful experience of Taiwan’s shareholders’ meeting video conferencing platform (eMeeting) and has had close discussions with Taiwan’s CHEP Clearing House. Last week, KSD held an online ceremony for the electronic shareholders’ meeting in Seoul. It specially invited Lin Binghui, chairman of Taiwan’s CHEP Clearing House, to give a speech to witness the official launch of the Korean e-shareholders’ meeting service. It also demonstrated the results of exchanges between Taiwan and South Korea in the field of digital innovation.
Lin Binghui said that digital transformation is an important trend in the global capital market. eMeeting combines digital technology with high-standard security protection to strengthen the protection of shareholders' rights and improve corporate governance efficiency. This time, Taiwan's accumulated experience in promoting eMeeting for many years has been borrowed from South Korea's KSD. It not only affirms Taiwan's digital financial service achievements, but also demonstrates the strength of the country's financial infrastructure innovation.
CHEP pointed out that the eMeeting platform originated during the COVID-19 epidemic. The CHEP Clearing House was established in accordance with the instructions of the Financial Supervisory Commission to assist the capital market in taking into account the needs of epidemic prevention while ensuring that investors can still effectively participate in shareholders' meetings and exercise shareholders' rights. It will also develop into a sustainable and normalized digital service after the epidemic, providing It provides complete functions for shareholders to register, register, check-in, watch live broadcasts, vote and ask questions, etc., allowing shareholders to participate in shareholders' meetings without geographical restrictions, further improving shareholder participation and corporate governance efficiency. The number of users has grown from 17 companies in 2011 to 120 companies this year.
CHEP Clearing has long been committed to promoting the digitization of stock affairs and actively building a complete "CHEP Shareholder e-Services" ecosystem. In addition to eMeeting, it also provides electronic voting (eVoting), electronic notification of stock affairs (eNotice), stock affairs e-counter (eCounter) and shareholders' meeting souvenir electronic service (eGift) and other diversified services. From participation in shareholders' meetings, exercise of shareholders' rights to stock affairs services, it comprehensively enhances digitization and convenience.
Open Questions
- Will other countries introduce this system in the future?
