Organization

Since the outbreak of the COVID-19 pandemic, institutions both domestically and internationally were pessimistic on the overall view in the economic growth of major countries worldwide. With countries gradually lifting restrictions and living with Covid, the global economy has entered a "new norm". But it was hit by geopolitical pressure, including the Russia-Ukraine war, which disrupted the recovery of the global supply chain. Extreme weather events are also driving food and energy crises, exacerbating the impact on the overall economy and leading to sustained high global inflation. The World Economic Forum's "Global Risks Report 2023" has pointed out that the increase in the cost of living will be the most severe risk over the next two years, especially coupling with the inflationary pressures in energy and food prices, which have disproportionately hitting those that can least afford it.

Moving forward, creating brand value and enhancing brand competitiveness will be our critical success factors in the post-pandemic era. First, we will continue to implement digital transformation, to renovate our Shalu Plant and Taichung Harbor Plant including upgrading hardware equipment, improving the working environment, and launching a new ERP system to integrate internal resources and optimize organizational structure, thus improving work efficiency. Second, in response to the diversified trends of the market, we have adjusted our business strategies and expanded into the B2C market, to meet the increasing consumer demand and enhance brand recognition. Third, with our mission to develop a green business, we will continue to replace energy-saving equipment, adopt energy management systems, conduct greenhouse gas inventories, and expand the scope of application of the circular agriculture economy system.