Looking back on 2023, as the COVID-19 epidemic comes to an end, in addition to the continued stalemate in the Ukraine-Russia war, the Israeli-Palestinian war also broke out quietly, which not only deepened international tensions, but also impacted industrial policies and supply chains. At the same time, brand manufacturers continue to adjust their inventories and overseas labor costs rise, resulting in orders for consumer electronic components falling short of expectations. Taihan Technology adheres to its core business and responds to customer needs, stepping up the planning and construction of a new factory in Vietnam, strictly controlling various costs and expenses, expanding the scope of business orders, and continuing to create value for all stakeholders.

In addition, in response to the rapidly changing times, the company continues to examine issues of concern to various stakeholders through ESG (environment, society, governance). While pursuing profits and growth, it also pays attention to the integration of sustainable goals and operating strategies. Continue to strengthen its own resilience and become a responsible enterprise that works well with its employees and even better with society.

Climate change response: As global warming becomes increasingly serious, and COP28 once again affirmed that efforts will be made to control the increase in global average temperature this century within 1.5 degrees above pre-industrial levels, countries are gradually increasing their efforts to legislate carbon fees and carbon tariffs. Taihan Technology plans in response to the national net-zero policy, completes climate-related risk disclosures in accordance with TCFD requirements, and completes all factory carbon inventories on its own every year in accordance with ISO 14064. In the future, we will continue to promote relevant carbon reduction plans, replace old machines, improve energy efficiency, and move forward step by step towards the planned carbon reduction goals.

Social care: Employees are the foundation for an enterprise to retain technology and knowledge.Through data analysis, in addition to professional skills, Taihan Technology also actively arranges training for newcomers, information security, environmental security and general education.Continue to enhance the depth and breadth of education and training. While improving employee functions, we also continue to promote a safe and clean production environment with zero accidents and zero work-related injuries through the Occupational Safety Committee.

In 2023, Taihan Technology held a total of 7 public welfare activities (such as donations, donations, blood donations and volunteer activities, etc.), including distributing mooncakes during the Mid-Autumn Festival with the Huashan Foundation, Xinlu Foundation’s donation of early childhood education funds and In the charity activities in overseas factories, a total of 158 people have participated in related charity activity plans, hoping to do their best for society.

Sustainable governance: In 2023, we formally established the Sustainability Development Committee to assist the board of directors in supervising the promotion and implementation of the group’s various sustainability issues. It has also entered the top 6-20% of the corporate governance assessment group for two consecutive years. In addition, through the identification of independent laws and regulations and the inclusion of integrity management as a required course for all indirect personnel, the company has strengthened its ability to comply with laws and operate with integrity to achieve the goal of sustainable business operations.