Message from the President

Although the pandemic gradually subsided in 2023, geopolitical tensions continue to disrupt global supply chains. When coupled with the intensifying threat of climate change, it has become a major challenge for businesses. According to the "2023 Global Climate Change Index" released by NOAA, the temperature in 2023 was 1.8°C higher than the 100-year average, and the carbon dioxide concentration had reached 419 ppm. The anomalies in sea surface temperature (SST) and air temperature have affected a series of extreme weather events. ABC upholds the business philosophy of sustainable use of resources and continuous improvement management, we gradually implement the goals of sustainability, the spirit of innovation, and fulfill our social responsibilities to ensure sustainable operations.

To actively connect with the world and deepen the capability of sustainable management, ABC-ATEC's 2023 Sustainability Report adheres to the GRI standards and added the TCFD and SASB frameworks for disclosing sustainability information, while continuing to complete the group-wide "ISO 14064-1: 2018 Organizational Greenhouse Gas Inventory" to fulfill the requirements planned by the FSC ahead of time. By 2027, all parent companies and domestic and foreign subsidiaries of listed companies have completed the greenhouse gas inventory blueprint. In addition, with reference to the science-based carbon reduction targets, in 2023, we announced that ABC will move towards net zero carbon emissions: the recent goal is to keep temperature rise within 1.5°C , and we have committed to reducing Scope 1 and Scope 2 emissions by 42% by 2030 compared to the baseline year and achieve net zero emissions by 2050. In pursuit of this goal, in 2023, ABC-ATEC promised to steadily introduce renewable energy. The Group’s Guangzhou factory signed a green power procurement agreement and officially changed the power supply in May 2023; the Plant's construction of solar power supply system for self-use was officially activated on January 8, 2024; the construction of the solar panels for Taiwan Headquarters is expected to be officially commenced in the second half of 2024.

With the increasing penetration rate of 5G mobile phones and the increasing popularity of Wi-Fi applications, the gap between the supply and demand of Low-Temperature Co-fired Ceramics (LTCC) continues to expand. This is coupled with the smart phones entering the 5G era driving a surge in demand for LTCC. ABC-ATEC has invested resources in the establishment of an LTCC production line in 2022, with trial production began in 2024 and the expectation that the brand-new LTCC products will bring another wave of growth to the Company towards its goal of  "NT$10 billion in revenue in 10 years"

To ensure a healthy and friendly workplace, ABC arranges health services and related activities every year to track employees' physical and mental health and improve their health awareness, such as Protect Physical and Mental Health & Happy Workplace Seminars, Unlawful Harassment Seminars, and General Hazards Education and Training to raise the health awareness of employees. In 2023, we continued to receive the "Badge of Accredited Healthy Workplace" from the Ministry of Health and Welfare. We abide by the labor laws and regulations of our operating locations, protect the legal rights of employees, and comply with the human rights protection spirit and standards promulgated by various international human rights conventions, and treat all employees equally and with respect. ABC has been recognized by the Occupational Safety and Health Administration of the Ministry of Labor for its work on occupational safety and health, and has been selected as one of the top 10% performers in the 2023 Healthy Workforce Sustainability Guide.

At ABC-ATEC, we have long upheld the philosophy that "With a joyful society first, we can have an industry that touches the world; arts and cultural activities are the living water that fills social sensibility and motivation, that is, the source of creative life and creative industries." For the promotion of arts and cultural activities, ABC continues to sponsor the Tainan Museum of Art in various exhibitions each year at home and abroad to demonstrate its diverse creativity and vitality, and to support the development of arts and cultural activities in Taiwan. The recognition by the 16th Arts & Business Awards of the Ministry of Culture in 2023 demonstrates the importance that ABC-ATEC places on arts and cultural activities in Taiwan, and encourages more enterprises to participate in cultural and arts causes, promotes innovation and creativity, and jointly develops the field of culture and arts. We look forward to continuing to contribute to the Taiwan culture prosperity in the future.

In 2024, ABC's medium and long-term business policy was to "earn customer recognition for LTCC process components and expand global inductor market share. Establish QM modules to trace the production history, and create SF module reserve talent echelon energy. ” ABC-ATEC will make close linkages for all of its work and its management guidelines. We will continue to share our entrepreneurial values with employees, shareholders, and customers, and move toward a better future together with all stakeholders.