Letter to Shareholders
Dear Shareholders,
In recent years, the global economic environment has continued to face turbulence, with persistent high inflation and interest rates, intensified geopolitical conflicts, deepening supply chain restructuring, and rapid advancement of artificial intelligence and green transformation, presenting unprecedented challenges to business operations. Walsin Lihwa continues to strengthen its product and market structure, increase the proportion of high-end applications and high value-added products, deepen synergies in new fields and new markets, while implementing sustainable development goals for the environment, society, and governance to ensure stable growth amid challenges and develop a key position in the industry chain.
Company Profile
Established in 1966 as a manufacturer of power wires and cables at inception, Walsin Lihwa became listed on the Taiwan Stock Exchange in 1972 and is now a leading company of power wires and cables in the Greater China region, a global stainless steel industry leader, and an international consortium by successful expansion into the commerce and real estate, resources, renewable energy, and hi-tech industries. In 1980. Walsin Lihwa commenced investment in semiconductors, electronics components and parts, printed circuit boards, optoelectronics, and finance by establishing Winbond Electronics, Passive System Alliance, HannStar Board, and HannStar Display.
The pursuit of continuous growth by leveraging industry 4.0 advantages; commitment to environmental protection, energy efficiency, R&D and innovation; and devotion towards manufacturing as a service to become the most reliable and trustworthy business partner to our customers.
Highlights
7 consecutive years
Ranked in the Top 5% in Corporate Governance Award
Sustainability Award
Taiwan Corporate Sustainability Award and Global Corporate Sustainability Award
MAPECT Taiwan M&A Awards
2024 Most Representative M&A Award
4 consecutive years
Included as a constituent stock in the FTSE4Good TIP Taiwan ESG Index
7 consecutive years
Ranked in the Top 5% in Corporate Governance Award
Sustainability Award
Taiwan Corporate Sustainability Award and Global Corporate Sustainability Award
MAPECT Taiwan M&A Awards
2024 Most Representative M&A Award
4 consecutive years
Included as a constituent stock in the FTSE4Good TIP Taiwan ESG Index
Business Report
In 2024, the Company's net income after taxes was NT$2.79 billion, with earnings per share of NT$0.69.
