Sustainable Governance

Risk Management

Billion Group establishes appropriate measurement methods for risks as the basis for risk management. After assessing and summarizing risks, appropriate response measures should be taken for the risks faced. In order to ensure the stable operation and sustainable development of Billion and serve as the basis for various risk management and implementation, it is planned to formulate risk management policies and procedures in 2023. The policies and procedures are in accordance with the "Regulations Governing Establishment of Internal Control Systems by Public Companies" issued by the Financial Supervisory Commission. Public companies are advised to establish appropriate risk management policies and procedures and establish an effective risk management mechanism to assess and monitor their risk tolerance, current risk tolerance, determine risk response strategies and compliance with risk management procedures.

Risk Management Organization Structure

  • Board of Directors

    As the highest level of risk management, it aims to promote and implement risk management as a goal, in accordance with the overall operating strategy and environment, and in compliance with the law. It aims to clearly understand the risks Billion facing in operation, ensuring the effectiveness of risk management, and bear the ultimate responsibility.

  • Chairman

    Responsible for planning and directing the execution of the Board’s risk management decisions, coordinating cross-departmental risk management interactions and communications to mitigate strategic risks.

  • Functional Units

    Responsible for analyzing, managing, and monitoring relevant risks within the respective units to ensure the effective implementation of risk control mechanisms and procedures.

  • Internal Audit

    As an independent unit under the Board of Directors, it assists the board in overseeing the implementation of the risk management mechanism, audits the execution status of risk response and control in various functional units, and provides improvement suggestions for risk monitoring.

Risk Management Process

Risk Assessment and Implementation in 2024

Billion Group establishes appropriate measurement methods for identified risks as the basis for risk management. Following evaluation and consolidation, suitable response measures are implemented to address the risks faced.

Information Security Risks

Potential Risks:

To implement information security management and prevent the leakage of operational data or personal information of employees and customers.


Response Measures:

Billion Group adopts proactive information security measures, including ISP data center intrusion prevention and anti-hacking mechanisms, dual-layer email protection, 24/7 SOC firewall monitoring, vulnerability scanning, penetration testing, Group-wide implementation of MDR (Managed Detection and Response), as well as off-site and cloud backups. In addition, the Group regularly conducts information security awareness campaigns and social engineering drills to enhance employees’ cybersecurity awareness and ensure operational safety.

Foreign Exchange Risks

Potential Risks:

In 2024 (FY113), Billion Group reported a net exchange gain. This was mainly due to heightened global economic instability and the U.S. Federal Reserve’s slower-than-expected pace of interest rate cuts, which attracted capital inflows into U.S. dollar assets, leading to a stronger U.S. dollar.


Response Measures:

A. For certain contracts, sales are denominated in U.S. dollars, and related procurement is also settled in U.S. dollars. This natural hedging strategy mitigates exchange rate fluctuation risks for accounts receivable and payable.

B. Export quotations take exchange rate fluctuations into account, with costs reflected in a timely manner to adjust product pricing.

C. The Finance Department maintains close communication with partner banks to gather relevant information as a reference for future interest rate and exchange rate trends.

Concentration Risks in Procurement and Sales

Potential Risks:

1. Procurement Concentration Risk:

Billion Group is actively developing additional suppliers, and to date, there have been no occurrences of supply shortages or disruptions.

2. Sales Concentration Risk:

Billion Group is actively expanding its customer base to reduce the risk of customer concentration. However, energy storage businesses are primarily conducted on a project basis, which differs from the stable client base of general manufacturing industries. Each contract specifies a construction period, and when high-value project contracts are completed, engineering revenues during that period may appear concentrated among certain customers. This is considered an industry characteristic. The Group will continue to pursue business development opportunities in the energy storage sector. Therefore, although instances of sales concentration may occur, there is no significant risk of sales concentration.


Response Measures:

Billion Group continues to proactively develop alternative suppliers, and there have been no occurrences of supply shortages or disruptions.