On November 1st, Far EasTone Telecommunications teamed up with the Academy of Literary and Art Circles to jointly establish a film and television entertainment fund and signed a memorandum of cooperation in the film and television industry; On November 7th, it was announced that it would once again collaborate with South Korean entertainment leader CJ ENM Hong Kong to form a "Cultural Content Fund" with Wence Yuan and TVBS, and sign a letter of intent for cooperation.

On October 24th, Far EasTone Telecommunications, the Telecommunications and Smart Transport Technology Development Foundation, and the Taiwan Institute for Sustainable Energy held the 10th International Green and Smart Transport Forum, inviting industry and academia leaders from both domestic and foreign countries to jointly explore how to use technology to promote smart transportation and build sustainable cities.

October 20th is the 74th anniversary of the establishment of Far Eastern Group in Taiwan. Let's review together the past year (September 2022 to August 2023), including the joining of new forces, important milestones, touching public welfare deeds, and the glorious deeds of Far Eastern.

The merger of Far EasTone Telecommunications with Asia Pacific Telecom has been officially approved, and after the completion of network consolidation, the new Far EasTone Telecommunications will be crowned as the "Spectrum Triple Crown". Far EasTone Telecommunications held a press conference on August 17th and announced the launch of six major discounts. Among them, by the end of September, new application store numbers can take away mobile phones and 3C home appliances as long as NTD1 is added.

Have you ever thought about other possibilities in life in the face of unbearable situations such as queuing to and from the hospital for medical treatment, being stuck in traffic signals with stopped signs, and encountering fraudulent attacks? This issue of 'Cover Story' introduces you to a series of smart application services launched by Far EasTone Telecommunications, how can they change our lives?

The "2023 Asia Best Corporate Employer Award" was announced on July 20th, with 7 companies including Far Eastern New Century Corporation, Asia Cement Corporation, U-Ming Marine Transport, Far EastTone Telecommunications, Far Eastern International Bank, FE SOGO Department stores, and Big City Far Eastern Big City Shopping Malls sweeping a total of 18 awards.

On July 21, 2023, the third TSAA Taiwan Sustainability Action Award ceremony was held. Eight affiliated enterprises, including Asia Cement Corporation, Far EasTone Telecommunications, Far Eastern Department Stores, FE SOGO Department stores, Far Eastern Big City Shopping Malls, Everest Textile, Yuan Ze University, and Far Eastern Memorial Hospital, won a total of 15 awards.

The challenges in 2023 remain significant, with concerns about interest rate hikes, the aftermath of the pandemic, and extreme weather We are testing the resilience of world citizens. Despite the challenges of the crisis, Far Eastern Group still lives up to expectations, demonstrating the resilience of the enterprise, using innovation and transformation as the driving force to face changes and create sustainable competitiveness.

Far Eastern New Century Corporation held its 2023 Annual General Shareholders’ Meeting on 28 June with Chairman Douglas Tong Hsu presiding. During the meeting, the management team reported the 2022 financial results of the Company’s three major business segments – production, property development and investments, and also directions for its future development.

Asia Cement Corporation has held its Annual Shareholders’ Meeting on June 27th. Chairman of Asia Cement, Mr. Douglas Hsu has announced to its shareholders that, under the strategy of diversification of investment and profit, Asia Cement has earned a consolidated net profit after tax of NTD 12.597 Billion in 2022 and kept a record of earning annual profit of more than NTD 10 Billion for five consecutive years. Cash dividend distributable is NTD 2.3 per share which makes Asia Cement the leader among its peer in the industry in terms of dividend, price per share and profit. Asia Cement has a yielding rate of 5.2 % which is above the average of companies publicly listed in Taiwan. It has also created a record to distribute dividend every year for 61 years since it was publicly listed.