Asia Cement Corporation Holds 2024 Regular Shareholders Meeting

        Asia Cement Corporation held a regular meeting of shareholders on June 25th, and the 2023 earnings per share were NTD 3.28. During the meeting, a cash dividend of NTD 2.1 per share was approved, with a yield of 4.7%. Since its listing, Asia Cement Corporation has been profitable for 62 consecutive years. Since 1984, it has been issuing dividends for 39 consecutive years, earning billions of yuan for 6 consecutive years.

        Asia Cement Corporation has been deeply involved in the cement industry for 67 years, committed to promoting environmental protection and carbon reduction, and is one of the earliest cement companies to invest in mining vegetation greening and high environmental protection production. The company promises to set carbon reduction targets, develop low-carbon cement, environmentally friendly concrete, and green building materials, with a carbon reduction rate of 12-42%. In terms of low-carbon cement sales, we have more than ten years of experience and have innovatively developed ternary mixed cement, reducing carbon by 46%, which is expected to become a leader in environmentally friendly building materials. Excellent ESG performance, also selected for the 2024 S&P Global Sustainability Yearbook, not only ranked in the top 15% of the global cement industry, but also the highest scorer among Taiwanese building materials companies.

        Chiahui Power Corporation, invested by Asia Cement Corporation, is Taiwan's largest private power company with an annual power generation of 1.21 million kilowatts, which can provide electricity to 1.2 million households. Through environmentally friendly natural gas power generation, Chiahui Power Corporation fulfills its corporate social responsibility and supports Taiwan's power supply and economic development, creating reasonable profits for shareholders. In addition, Asia Cement Corporation holds equity in multiple companies under Far Eastern Group and makes strategic and financial investments to create stable profits.

        Under the steady and reliable leadership of Douglas Hsu, the helmsman of industrial innovation, Asia Cement Corporation will continue to implement a ternary development strategy of cement, non cement, and investment, achieving a balance between transformation and development, and pursuing sustainability and profitability.

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