Reported 11 months ago
Reducing carbon emissions has become a global concern. Total Solution Machinery & Design (TSHS) enhances the production efficiency of continuous drying equipment by combining traditional hot air and microwave energy, reducing processing time and improving production capacity for international food factories. By incorporating innovative technology and smart production monitoring systems, TSHS optimizes energy consumption, increases production efficiency and product quality, and lowers labor costs. As a professional manufacturer with 58 years of experience in food machinery production, TSHS focuses on research and development of innovative technologies to revolutionize smart production in the food processing industry.
Source: YAHOO
Reported 11 months ago
Conducting a market analysis on June 25, 2024, at 4:10 pm, Liao Jihong, the Investment Director of Kang Ho Securities, pointed out the continued high performance of leading AI electronic weighted stocks such as TSMC, Foxconn, MediaTek, Quanta, and Delta Electronics in Taiwan's stock market. Despite a slight slowdown in the US technology index last week, with foreign investors heavily buying, Taiwan stocks saw a three-week continuous increase with a new high point of 23,406. The market's strength is evident with various indicators reaching high levels, indicating a strong trend. However, Liao mentioned the possibility of a short-term correction due to overbought conditions, despite the overall bullish trend.
Source: YAHOO
Reported 11 months ago
Fubon Construction, a well-known industry player, held a brand vision presentation titled 'Rebuilding' on June 25, 2024, with over a hundred guests including government officials, partners, landlords, customers, and over 20 media outlets witnessing the company's growth and transformation. The event highlighted Fubon Construction's integrity, creativity, and professionalism, with a focus on sustainable and quality housing development. With notable projects like Fubon Yuan, Fubon City Heart, East Fubon, and Fubon Peace in progress or completed, the company's innovative approaches in construction and renovation have garnered attention and praise.
Source: YAHOO
Reported 11 months ago
Established in 1968, Wealth Ahead Group is a leading international manufacturer of high-speed automatic box forming machines, foil stamping machines, high-speed box gluing machines, and more. The group's core values are centered around continuous innovation, excellence, and customer satisfaction, with a strong emphasis on technical innovation, environmental sustainability, and social responsibility. To adapt to global uncertainties, the Chairman, Jiang Xinfu, is actively expanding globally, improving internal quality control, and striving for sustainable operations. The group is dedicated to developing environmentally friendly products, promoting a circular economy, enhancing production efficiency through smart factory initiatives, and collaborating with supply chain partners to ensure stability. Embracing digitization and customer customization, Wealth Ahead Group continues to enhance product differentiation, improve production efficiency, and introduce IoT and AI systems for integrated control. By participating in international exhibitions, digital marketing, and showcasing award-winning products, the group aims to diversify its customer base, mitigate risks, and prepare for future competitiveness in the digital era.
Source: YAHOO
Reported 11 months ago
Chin Mei (1532) Group approved a dividend of 1.51 per share at the shareholders' meeting on June 25, 2024. Chairman Lin Ting-fang emphasized the company's transition towards becoming a holding company, with three major business groups in metal forming, construction of residences, and innovative living. Despite challenges due to global inflation, the group is preparing for economic recovery by stabilizing revenue streams and optimizing processes. The residential construction arm is performing well, with projects such as the successful Chin Mei Forest in Taichung contributing significantly to the company's revenue outlook for the first half of the year.
Source: YAHOO
Reported 11 months ago
Securities News Center compiled on June 25, 2024, at 4:10 pm * Shareholders' Meetings: Yuhua, Taiwan Fertilizer, AirAsia, NetDragon, Wistron, Asia Pacific Telecom, Merida, etc. * Ex-Dividend/Ex-Bonus: Uni-President, Fusheng, Sumagh Science, etc. * Domestic and International Conferences: Lungteng, Hwa Ya, Leadtrend, Oriental, Lantech, Diamond Investment, United Renewable, Tai Kang Bio, Pan Yi, Lung Yan, Sun Far, Hong Chuan, Hon Hai, Compal, etc. *Stocks to Watch: ALi, CSBC Corporation, Allright, Alltek Technology, National Electronics, Star-Comm, Jedmrt, Egis, UMC-KY, Winbond, Yunpao Energy, TPV Technology-DR, Vietnam Holding-DR, Miwah-DR, Topoint Technology-DR, Juteng-DR, Taiwei, Advantech, Pointek, Huntkey, Borlettes, Sunrex, Eico, UMC Optoelectronics, Ronggang, Jiyoo, Enlight Media, etc. * 1% reduction in margin financing ratio and 1% increase in securities short selling margin: Forever, Shanghai Industrial more reports from Commercial Times reported by Hsu Hsiu-lan: Clear energy policy can boost the production of required industry panels, market stabilization, Morgan Stanley recommends buying Double Tigers derivative products, confirmation of platform transactions to go online next year.
Source: YAHOO
Reported 11 months ago
As the sales of electric vehicles continue to rise in Taiwan, the availability of charging stations in residential parking spaces has become a consideration for homebuyers. To assist communities with budget and safety concerns, Hua Chen Security has introduced the industry's first 'Community Charging Station Installation Project.' Communities can enjoy a three-year installment payment service to ease financial burdens. Additionally, to address safety issues, the project also offers parking lot fire alarm system installation services monitored 24/7 by Hua Chen Security's control center, along with electric vehicle-specific fire blankets, solving both financial and safety concerns. By implementing Ruineng Smart Energy Management System, Hua Chen Security aims to meet the charging needs of communities from committee establishments to household charging phases.
Source: YAHOO
Reported 11 months ago
To address challenges faced by food and beverage industry such as unexpected production line downtime, raw material wastage, unstable quality, and lack of experienced manpower, American semiconductor company Analog Devices (ADI) and agent Macnica ANStek collaborated to introduce a low-cost and rapid AI capacity enhancement solution at the Taipei International Food Machinery Exhibition. ADI combined advanced signal sensing technology and AI algorithms to launch OtoSense SMS smart motor sensor for equipment maintenance, offering industries efficient equipment health management. The solution has been adopted by various industries in Japan and Taiwan for motor monitoring. The exhibition also highlighted AI inspection concepts for beverage packaging and coffee bean quality recognition to improve packaging quality control and reduce production costs.
Source: YAHOO
Reported 11 months ago
The S&P CoreLogic Case-Shiller National Home Price Index released on June 25, 2024, shows a 1.2% monthly increase in US housing prices in April, with a year-on-year growth of 6.3%, lower than March's 6.5%, indicating a new high in housing prices but with a slower growth rate. Factors such as high mortgage rates affecting demand and limited housing inventory supporting prices are noted. The market is adjusting to the impact of inflation and the possibility of sustained high mortgage rates, leading to a slight slowdown in housing price growth in April.
Source: YAHOO
Reported 11 months ago
The largest scale exhibition in Taiwan's food industry, the '2024 Taipei International Food Processing Machinery Exhibition,' began on June 26th with Taiwanese leading company in automatic filling machines, Baicheng Machinery, showcasing their annual flagship 'HM-106 Magic Hand' for the first time. This breakthrough technology, simulating artisan craftsmanship, is considered a highlight of this year's machinery exhibition and a step towards Industry 4.0. With the increasing demand for automated production lines in the food manufacturing industry, Baicheng introduced two new machines at the exhibition, the 'HM-106 Magic Hand' and 'HM-797 Pastry Filling Forming Machine,' both significantly improving traditional filling machine structures and optimizing production line functions by incorporating smart sensors and IoT technology for remote monitoring and data analysis, showing a transition from automation to full intelligence in the industrial 4.0 era.
Source: YAHOO
Reported 11 months ago
Acer Group founder Shih Jen-jung emphasized the importance of 'coexistence and mutual prosperity' in Taiwan-Japan collaboration and the revitalization of the Japanese semiconductor industry. Shih noted that Japan's strong points in materials and equipment combined with Taiwan's strengths can create a mutually beneficial relationship with value creation. While Japan has faced challenges in semiconductor manufacturing, initiatives like inviting TSMC to set up a factory in Kumamoto and developing 2-nanometer chips in Hokkaido demonstrate efforts to revive the industry. Shih also highlighted the potential for Taiwan and Japan to play critical roles in the global AI supply chain and contribute to its development.
Source: YAHOO
Reported 11 months ago
At the shareholder meeting on June 25, 2024, Gongxin Engineering (5521) elected a new board of directors, with CEO Pan Chunrong’s daughter and former Vice General Manager Pan Yingjuan joining the board as the new Chairperson. Another Vice General Manager, Ding Chengzhi, also joined the board as the new General Manager. Former Chairman Chen Huoming and former General Manager Jiang Qijing were re-elected as directors. The company plans to focus on public projects, expand into private enterprises and overseas construction, and gradually venture into construction and green energy sectors, aiming for a pre-tax revenue target of NT$38 billion this year. Gongxin Engineering is committed to innovation, enhancing construction techniques, and establishing sustainable competitiveness amid global challenges such as raw material price volatility affecting the industry.
Source: YAHOO
Reported 11 months ago
As the US Federal Reserve delayed rate cuts in June 2024, funds continued to flow into the bond market, resulting in the domestic bond ETF scale surpassing 2.5 trillion NTD in May. However, the insurance industry's investment proportion continued to decline, dropping from over 90% in 2019 to 64% by the end of May this year. While life insurance companies have been increasing investments in domestic bond ETFs, factors like changing regulations and market conditions have led to a shift in investment patterns. The industry's bond ETF holdings have grown substantially, reaching 1.5 trillion NTD by April this year, despite facing challenges like rising policy surrender rates and reduced investable funds.
Source: YAHOO
Reported 11 months ago
Despite the fluctuation in Taiwan's stock market on June 25, 2024, with an upward trend followed by a slight downturn, it is expected to continue burning in the medium to long-term. High-dividend products remain popular among locals, with recent performances comparable to the market index. Several high-dividend funds and ETFs have collectively increased by 14.48% in the past three months compared to the market index. Notably, foreign investments have continuously boosted the Taiwan stock market, especially in AI-related supply chains, with a net inflow of 11.72 billion US dollars in May translated to around 380 billion New Taiwan dollars, the largest on record. The market is experiencing significant sector rotation and stock selection difficulty due to high valuation disparities. Three emerging themes to watch include shipping-related stocks, the rise of AI PC benefiting system manufacturers, and the upcoming 2024 Paris Olympics stimulating demand for sports goods, leisure beverages, travel, and services. Investment experts advise on adopting unique and effective methodologies for both stock selection and passive ETF investments to increase success rates in the current market environment.
Source: YAHOO
Reported 11 months ago
During the shareholders' meeting held on June 25, 2024, Jian Han Technology, a manufacturer of internet equipment, announced plans to achieve double revenue and profit growth in 2024. The chairman, Li Guangyi, mentioned that despite facing challenges internally and externally, the company has made significant breakthroughs in research and development, business, and manufacturing, aiming to deliver impressive results. With a focus on developing new product lines and expanding into the small and medium-sized enterprise market with innovative products supported by in-house cloud platforms, Jian Han Technology has won new contracts and is building a new factory in Vietnam to accommodate the growing operations. The meeting concluded with re-election of directors, and the company's 2023 operating performance and financials were also reviewed.
Source: YAHOO
Reported 11 months ago
桃園市長張善政出席亞東工業氣體二氧化碳回收設備啟用典禮，強調亞東工業氣體觀音廠為半導體產業重要供應來源，新設備可回收9成以上製程產生的二氧化碳，提升高純度電子級氫氣產量，促進ESG永續發展。
Source: YAHOO
Reported 11 months ago
In Taipei on June 25, 2024, the Gretai Securities Market (GTSM) celebrated its 30th anniversary, focusing on constructing various capital markets like the emerging stock board, the growth stock board, and the innovation stock board to assist businesses at different growth stages to enter the capital market sequentially. GTSM actively supports innovative enterprises through services such as establishing internal control systems, handling stock matters, offering management courses, and legal consultations, among others. The GTSM also aims to enhance market functions, shorten IPO processes, boost industry clusters in sectors like semiconductors and biotech, and promote emerging industries in alignment with national industrial policies.
Source: YAHOO
Reported 11 months ago
During the Bankers' Association of the ROC's 'National Bank CEO Contact Meeting' and recognition ceremony on June 25, 2024, Hua Nan Bank received awards for its outstanding contributions to the New Southbound Policy credit scheme, top-tier loans for the six core industries, and special awards in those categories. General Manager Huang Junzhi accepted the awards, praising the bank's efforts to support government policies and promote strategic industries and credit to New Southbound countries, leading to continued recognition and achievements. The bank has also excelled in individual industries like information technology and cybersecurity, positioning itself as a leader among national banks in these areas.
Source: YAHOO
Reported 11 months ago
Grant Thornton Taiwan's Senior Manager, Chia-Yi Lai, points out that the 'Global Minimum Taxation System' is a new tax issue that multinational corporations will face in the coming years. This system is a response to aggressive tax avoidance by corporations and countries offering tax incentives, leading to significant tax base erosion worldwide. The system aims to prevent profit shifting to low-tax jurisdictions and tax rate competition among nations. Under this system, large multinational groups with consolidated revenues exceeding 7.5 billion euros in two out of four years will face a minimum effective tax rate of 15% in each tax jurisdiction. Failure to meet this rate will result in top-up taxes under the Global Anti-Base Erosion Rules. While facing challenges in calculating effective tax rates and evaluating tax incentives, multinational corporations are advised to prepare early for this new global tax mechanism to navigate the evolving international tax landscape successfully.
Source: YAHOO
Reported 11 months ago
On June 25, 2024, at 4:10 PM, Mega Bank, in collaboration with the Paper Windmill organization, held an anti-drug campus tour event at Shilin Elementary School in Taipei to promote drug education. The event marked the milestone of Mega Bank Foundation's support for the 'Youth Anti-Drug Drama Project' of the Paper Windmill. Since 2012, the Paper Windmill has been conducting anti-drug tours on campuses across Taiwan, with Mega Bank Foundation sponsoring around 100 performances benefiting 60,000 students and teachers. The initiative aims to raise awareness among students about the dangers of drugs and advocate for a drug-free environment through engaging theater performances.
Source: YAHOO
Reported 11 months ago
Chi-Mei Food is showcasing eight dietary themes at the Taipei International Food Show from June 26 onwards at Nangang Exhibition Center, offering various innovative dishes for free tasting. With a focus on a new dietary lifestyle, Chi-Mei Food emphasizes value redefinition in food, avoiding preservatives and MSG to lighten the burden on the body and uphold environmental sustainability. The brand's commitment to strict product development and food safety has earned them international recognition and awards. Recognizing the modern trend towards diverse and functional diets, Chi-Mei Food introduces themes like 100% additive-free, selected ingredients, and concepts of light health preservation and traditional treat evolution. Collaborations with popular bubble tea brands have resulted in unique and delicious products. Additionally, ventures with a local hospital have led to specialized dietary solutions tailored to elderly and special-needs individuals.
Source: YAHOO
Reported 11 months ago
At the shareholder meeting of IC design company Chipbond (6462) held on June 25, 2024, Chairman Luo Senzhou announced the group's focus on silicon intellectual property with subsidiaries XinDing (6695) and AnGuo (8054) expected to achieve breakeven or turn profitable this year. Following AnGuo's merger with StarPlus Semiconductor, Chipbond has also acquired IP companies like Dryad and the well-established Japanese Curious, aiming to leverage their accumulated silicon IP technology. Chipbond is incorporating Die-to-Die (D2D) PHY IP into AI server chips using TSMC's 5-nanometer process and CoWoS packaging, with silicon verification in progress for 3-nanometer. Luo Senzhou highlighted the trend of chiplet stacked packaging for competitive AI chips and mentioned the company's transition towards a pure IP model next year, considering possible division of fingerprint recognition-related businesses. Chipbond plans to introduce products from its 5 to 6 unlisted subsidiaries in the second half of this year along with potential IPOs in the future, while focusing on high-speed interface IPs like DDR and PCIe, anticipating a continued effort in this strategic direction.
Source: YAHOO
Reported 11 months ago
Yuanta Bank has launched a new 'Overseas Bond Digital Trading' service, allowing customers to trade bonds through the Yuanta mobile banking app 24 hours a day. The service provides investors with easy access to global bond markets, allowing them to achieve personal financial goals. Yuanta Bank also lowered the purchase threshold for some bonds to $1,000 USD to make bond investment more accessible, reflecting the growing interest in overseas bond trading. The bank recommends increasing overseas bond positions under the trend of interest rate cuts to reduce portfolio volatility and potentially gain capital gains when long-term U.S. bond yields fall. In addition to the new service, Yuanta Bank is offering a discounted transaction fee promotion for purchasing overseas bonds through the app until September 30, aiming to diversify investment portfolios.
Source: YAHOO
Reported 11 months ago
With the Paris Olympics approaching in July 2024, stocks related to the Olympics concept have become a hot topic in the market. Giant Manufacturing (9921) is slowly resolving inventory issues, seeing improved prospects in operations by tapping into the fitness equipment market. Meanwhile, leading shoemaker Pou Chen (9904) is benefiting from the resurgence in footwear business momentum and is optimistic about the industry's recovery with the Olympics effect. The stock rally for Olympic-related sectors has begun, with textile and clothing, shoemaking, and sports equipment stocks taking the lead. Giant Cycling's shareholder meeting indicated that the most severe inventories in the U.S. market have started ordering, primarily focusing on mid-range products. Additionally, Pou Chen expects a promising second-quarter revenue growth, with its May revenue hitting a new high since January 2023. Both companies are looking forward to a positive business development trend, spurred by the upcoming Olympics, as well as events like the Copa America and Euro Cup, indicating potential gradual recovery in the industry.
Source: YAHOO
Reported 11 months ago
According to S&P Global Mobility data, new electric vehicle registrations in the US surged by 14% in April, but Tesla's share of new registrations fell below 50%. Additionally, Tesla recalled over 20,000 Cybertrucks due to wiper and trunk trim issues. While overall electric vehicle sales in April showed double-digit growth, surpassing the 7.3% increase in the overall light vehicle market, Tesla's performance was disappointing. This drop in market share is attributed to competition from traditional automakers offering electric cars, like Toyota's bZ4X with a 646% year-over-year registration increase and Ford's Mustang Mach-E with a 287% increase. The NHTSA highlighted safety concerns with Tesla's recalled models. Despite a strong April for electric vehicle sales, it indicates a turbulent year ahead for the electric vehicle market in 2024.
Source: YAHOO