Message from the Chairman
Message from the Chairman
In 2026, the global economy continues to face numerous severe challenges, including shifts in international trade policies, geopolitical risks, raw material price volatility, evolving consumption patterns, the rapid advancement of artificial intelligence, and the intensification of extreme weather. These factors test the operational resilience and agility of enterprises. Through unremitting efforts, Namchow achieved consolidated revenue of NT$23.166 billion in 2025, demonstrating steady operational results. Moving forward, we will continue to uphold the spirit of "constant self-improvement," as we actively strengthen the integration of resources across all business units, ensure the precise implementation of policies in our operations, and fulfill our corporate governance and social responsibilities.
Taiwan-Based R&D with a Deepening Global Footprint
Namchow has been rooted in Taiwan for over 70 years. Building upon the solid foundation laid by our predecessors, we have established Taiwan as our R&D headquarters to carry our heritage into the future, cultivating the technology and talent essential for our business operations. We continue to advance our global expansion strategy by actively linking markets in Mainland China, Thailand, and the ASEAN region, thereby deepening cross-regional supply chain integration and maximizing resource synergies.
In response to changing consumption patterns and the trend toward rational consumption in the Chinese market, we have actively adjusted our product portfolio and market strategy. This involved expanding beyond traditional bakery outlets into new consumption scenarios, such as convenience stores, membership supermarkets, and tea shops. Furthermore, we have continued to increase the proportion of semi-finished and finished baked goods to proactively meet consumer needs.
Meanwhile, Namchow Thailand has gradually become a key international growth engine for the Group. In addition to the ongoing expansion of production capacity for smart manufacturing, automated warehousing, and high-value-added products, we have deepened our presence in the ASEAN market. By strengthening the connection between China and Thailand and leveraging the synergies of transnational supply chains, we have enhanced our overall operational resilience and global competitiveness.
Creating Value and Embracing Sustainable Trends
Through years of cultivating strategic partnerships and shared destinies with our customers, we have come to realize that a company's survival depends not only on the strength of its core products, but also on its ability to create comprehensive business value for customers and achieve prosperous results. Namchow continues to refine its "comprehensive consulting services," spanning product R&D, technical applications, market trends, and operational proposals. By serving as a steadfast partner, Namchow provides timely and agile support to help customers seize market opportunities.
In response to global healthy eating and sustainable consumption trends, Namchow continues to invest in the research and development of Clean Label, plant-based, and high-value-added products, striving to promote healthy and safe product services while leading market trends. Stay ahead of market trends by identifying shifts in consumer behavior and developing potential demand to capture market opportunities.
Green Carbon Reduction and Commitment to Food Safety and Reliability
In the face of climate risks, ESG has become a fundamental principle for corporate survival. Namchow is accelerating its transition toward a low-carbon economy. In 2025, we actively promoted energy conservation and emission reduction projects across our production sites. For example, the Taoyuan Plant installed a 230 kW solar power generation system and continued to optimize its energy equipment. The Tianjin Plant was honored as a "Waste-Free Factory" in the Binhai New Area. Overseas, the Thailand Plant successfully passed the SMETA 4-Pillar audit, which covers comprehensive indicators including labor standards, health and safety, environmental assessment, and business ethics.
While pursuing innovation, Namchow adheres to "food safety" as an unyielding guiding principle. We are committed to maintaining a 100% comprehensive traceability mechanism from raw materials to finished products. Through rigorous scientific testing, we strive to build a safe, healthy, and sustainable food value chain, ensuring that every Namchow product serves as a guarantee of integrity and safety.
Talent Sustainability: Fostering a Culture of Mutual Prosperity
Namchow has long adhered to a "people-oriented" philosophy for its development, cultivating employees as valuable corporate assets. In response to the trends of globalization and digitalization, we continue to promote talent training, cross-regional exchange, and organizational enhancement to cultivate a team equipped with a global perspective and local expertise. Namchow continues to foster a people-oriented, professional, diverse, and inclusive work environment. We cultivate cross-disciplinary skills to empower versatile generalists, facilitate intergenerational knowledge transfer, and drive international talent development, encouraging employees to pursue continuous learning and growth within a stable corporate foundation.
By honoring our heritage while embracing innovation, we look forward to the future. With a resilient and dynamic organization, we continue to thrive, venturing into global niche markets to drive the Group's growth momentum. Through a keen international vision and robust local action plans, we strive for mutual prosperity with all stakeholders, realizing our corporate vision as we embark on the path toward becoming a sustainable, century-old enterprise.
