Everest Textile Convenes 2024 Regular Shareholders Meeting

        Everest Textile held a regular shareholders meeting on June 14th, during which the 2023 financial statements were approved. The consolidated revenue was NTD7.839 billion, a decrease from the previous year, and the post tax earnings per share were NTD-1.80. In the first quarter of 2024, the revenue was NTD1933 million, which is about the same as the same period last year. After tax, the earnings per share were NTD0.01, and the operation gradually stabilized. Due to the tense relationship between China and the United States, the Russia Ukraine conflict, and inflation, 2023 is full of challenges, but it is also an opportunity for transformation. In addition to being the first in the industry to develop star products such as tire recycling nylon and sugarcane bagasse bio 2 polyester, Everest Textile also proposes three key policies: environmental sustainability, green products and recycled economy, and low-carbon energy transformation. It also plans to complete the fourth phase of RO water recovery system and natural gas boiler replacement plan in 2024, demonstrating its determination to save water and improve the leakage of toxins.

        Everest Textile is committed to deeply cultivating ESG (Environment, Society, Corporate Governance) and fulfilling corporate social responsibility, with significant results. In addition to winning the Manufacturing Gold Award of "2023 Happy Enterprise", it has also won the Taiwan Sustainability Award of "TCSA Taiwan Corporate Sustainability Award". In addition, it was also awarded the 2023 Asian Corporate Social Responsibility Award at the Asian Sustainable Gold Index Awards Asia Responsible Entrepreneurship Awards This demonstrates the recognition from all sectors of society for Everest Textile's long-term investment in ESG, and has also become a key factor in Everest Textile's transformation to align with the world. In the future, we will continue to move towards the goal of carbon reduction and enhance industrial competitiveness.

        With the advent of the sustainable era, enterprises will usher in more green business opportunities. Everest Textile upholds the entrepreneurial spirit of honesty, diligence, simplicity, prudence, and innovation. With a research and development strategy of "sustainability x functionality x digital", it develops products with economic value and environmental protection, injecting growth energy into the company. At the same time, it combines AI intelligent manufacturing technology (Smart Manufacturing Skill) with digital precision and human-machine cooperation, and imports Microsoft Copilot generative AI platform and AI Auto Machine Learning Platform for modeling and deployment. It is applied to product research and development design and business marketing analysis, quickly improving operational management and decision-making capabilities, and creating AI. Empowering enterprises. Integrate the comprehensive efficiency of Far Eastern Group's resources, leverage the short chain supply advantage of global layout, demonstrate corporate resilience in adversity, and create greater value for stakeholders.

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