The shareholders meeting serves as the highest body of authority for Chroma, and the Board of Directors led by the Chairman assumes responsibility for implementation and supervision of the various operations of the Company. In an effort to improve overall operational efficacy and decision-making power of the Chroma Group, the Chairman is also serving as the CEO of Chroma. Chroma has reserved three seats (of seven) for Independent Directors to boost independence of the Board. The Chairman maintains regular contact and communication with other members of the Board to touch base on the status of operation and performance to ensure proper governance and operation. All senior managers of Chroma are hired locally.