From the Chief Sustainability Officer

The CSO of TOPCO

Robert Lai

The CSO of TOPCO

Robert Lai

Aiming to become a happy and sensible business, TOPCO Vice Chairperson and Chief Sustainability Officer Dr. Robert Lai states: “Care for the mental and physical health of employees and helping employees recognize self-value can increase employees’ sense of achievement and thereby enhance efficiency and productivity.”

Linking partners with sports and repaying local communities through resource integration

At TOPCO, we promote sports and make sports part of the daily life of employees and customers. We have established internal sports clubs and open sports classes to encourage employees to develop sports habits. Each year we organize a number of softball and golf matches and invite customers and suppliers to exercise and work out with us on the sports ground. We also promote sports to local communities. Apart from being commissioned to manage and operate the Taipei University Sports Center, the Bade Social Housing Sports Center in Taoyuan, the swimming pool of Rongxing Garden Park, Taipei Xinyi Sports Center, and Yongchun Gym, we also promote gymnastics facilities and smart fitness centers for seniors, co-construct multifunctional sports facilities that can be shared by old and young people, established the XPORTS sports training brand, and build quality baseball training bases. We also integrate the resources of a first division baseball team – XPORTS, to plan and promote community elderly baseball starting from communities in Sanxia to engage in sports promotion for community seniors.

Encouraging R&D and innovation and enhancing Taiwan’s competitiveness with the TSC Thesis Award

Praised as the “Oscars of Management”, the TSC Thesis Award is currently the biggest thesis and dissertation award in Taiwan, which has already been around for 15 years since it was established in 2008. In the remarks given at the TSC Thesis Award ceremony, President Tsai Ing-Wen recognized the Award’s achievement in developing higher energy for national development by encouraging innovation and research and developing management talent in Taiwan.

TOPCO will continue to invest resources in organizing and marketing the TSC Thesis Award in order to make a joint effort with the power of private enterprise and the strength of government, to promote industry-academia collaboration, improve academic research capability, and promote Taiwan’s industrial transformation and upgrade. To repay society for cultivating talent to help TOPCO gain success over the past 30 years, we will develop more talent for society in order to make Taiwan even greater.

In internal management, we began to implement ISO 14064 GHG Inspection in 2018. This year, we further implemented the Recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) for the first time and officially signed up to be a TCFD supporter to include climate-related issues in corporate governance and operational strategy to enhance the integrity and transparency of climate-related information in report disclosure, respond to the expectations of stakeholders, and voluntarily address the risks and opportunities brought by climate change.

As net-zero emissions has become a global consensus and challenge, we have also signed up to the Science-Based Targets initiative (SBTi) to combine carbon reduction targets with climate and science and set the “Net-Zero 2030” target as our commitment to connect with the world and establish long-term targets for our climate strategy. In 2022, we were rated one of the Top 100 Large Enterprises at the Excellence in Corporate Social Responsibility by CommonWealth Magazine and awarded the Bronze Prize at the Asia-Pacific Sustainability Action Awards (APSAA), TCSA Top 100 Sustainability Model Award, TSCA Corporate Sustainability Report Awards – Silver, and Medium-Sized Enterprises M&A Deal Award at the MAPECT Taiwan M&A Awards, recognizing our continuous efforts in implementing the UN SDGs in environmental, social, and governance (ESG) aspects.

The CSO of TOPCO

Operational performance

In 2022, with the joint efforts of the management team and all colleagues, we will continue to expand product projects and market scale, and improve revenue and performance. In order to stabilize the supply and continue to increase the stocking level, the shipments of wafers, photoresist, quartz, and special chemicals for the semiconductor production process on both sides of the Taiwan Strait have grown significantly compared with last year, and the profit has also increased relatively.
In the booming semiconductor market, TOPCO’s operating performance in the past three years (2020~2022) has continued to grow, with outstanding performance in terms of operating gross profit, operating net profit and after-tax net profit.

Revenue in the past three years

Up 18%

No Data Found

Operating performance in the last three years

No Data Found

Green investment

In 2022, the Board approved the inclusion of ESG assessment and analysis in both short-term or long-term investments. Our current green investments cover environmental engineering projects such as pure and waste water treatment, waste disposal, and cleanrooms; renewable projects such as solar power stations, fishery and electricity symbiosis; and self-owned power stations of about 40MW. The macro investment proportion in the last three years increased year after year.

Statistics on green investment amounts

No Data Found

Green deposit

Actively participate in green finance, create positive impacts and long-term benefits on the environment and society through deposits, and use this to incorporate sustainable projects into the company’s strategic planning to demonstrate the importance of sustainable development. Set up a green deposit with Cathay United Bank to support the use of funds in green financing and refinancing.

ESG Index-Linked Loans

By signing ESG Index-Linked Loans with E.SUN Bank, cooperating banks will voluntarily reduce the loan interest rate when we meet the contractual requirements for GHG emission inventory each year during the loan period, so that we can invest in sustainable development with greater flexibility. Apart from demonstrating the value of sustainable development, we also enjoy financial incentives.

Tax Policy

  1. Comply with the tax regulations of the operating locations and disclose tax information periodically to enhance the Company’s information transparency.
  2. Implement transactions among affiliates according to the arm’s length principle.
  3. No use of tax havens or tax planning for the purpose of tax avoidance.
  4. No transfer of the Company’s profit to low-tax-rate countries without substantive operations.
  5. Consider the influence of tax in important corporate decisions.
  6. Strengthen professional tax competency through continuous talent development.

Honors and credits

Chairman Guo Zhihui of Chongyue Group was listed among the top 100 CEOs in Taiwan.

TOPCO Group Chairman Jyh-Huei, Kuo was selected by Harvard Business Review (HBR), and was selected as one of the “Taiwan Top 100 CEOs” in October 2020, affirming TOPCO Group’s long-term layout and emphasis on corporate social responsibility and sustainability operate. Under the leadership of Jyh-Huei, Kuo, the chairman of the group, the group has stepped into the circular economy from the semiconductor industry and actively invested in wastewater treatment and anti-pollution equipment;

Taiwan’s Top 100 CEOs focus on the long-term performance of the company. Those who make the list have the characteristics of long-term strategic planning. Compared with short-term stock price fluctuations, they care more about the long-term layout of the future, and are actively looking for the second or even third growth curve of the company.

Robert Lai , Vice Chairman of TOPCO Group, won the award of Chinese perfession Management Association.

"National Outstanding CEO Award"

Founded in 1963, the Association of Enterprise Managers of the Republic of China is the largest, longest-running, most active, and most well-known association of professional business managers in Taiwan. For many years, we have held the “National Outstanding Achievement Award”, “National Outstanding CEO Award” and “National Outstanding Manager Award” to commend business leaders who have achieved success in business operations and contributed to social development. Robert Lai, vice chairman of the Group, was awarded the 5th “National Outstanding CEO Award” in December 2020, affirming TOPCO Group’s strengthening of performance management, driving the group’s revenue to rise, deepening the semiconductor industry, and continuing to diversify the layout of environmental protection and green Can reach the big health business.

Chairman of TOPCO Technology Jerffery Pan was awarded the General Chamber of Commerce of the Republic of China

"Excellent Merchant of the Republic of China"

The purpose of the “Golden Merchants Award” is to select outstanding businessmen who have made great contributions to Taiwan’s economic growth. The fields span international economic and trade exchanges, green energy transformation, financial innovation, and innovative application industries of emerging technologies. Chairman Jeffery C.L. Pan stood out from among the outstanding operators of industrial and commercial enterprises, and was awarded the “Excellent Businessman of the Republic of China” by the National Chamber of Commerce of the Republic of China in 2020.

President Tsai Ing-wen received the Gold Merchants Award winners on the eve of the Golden Merchants Awards Ceremony and thanked the winners for their persistent efforts in different fields.

"Top 2000" ranked 40th in service industry and 12th in IC channel

According to the Top 2000 Enterprises Survey published in Volume 724 of CommonWealth Magazine in May 2023, we were ranked 12th in the “ICT and IC Retailing Industry” and 35th among the Top 2000 Service Businesses in Taiwan, showing our ongoing ranking each year. From the 94th in 2013, our ranking in the Top 2000 has been rising annually.

Awarded the Gold Award and LongTerm Sponsorship Award of the Sports Activist Awards of the Sports Administration, MOE

Awarded the Gold Award and LongTerm Sponsorship

TOPCO won the “Sports Enterprise Certification” sponsored by the Sports Administration of the Ministry of Education. It is commended that TOPCO still implements caring for employees and corporate social responsibility while expanding its business. Through sports promotion, it takes into account the physical and mental health of employees, and provides relevant resources to help employees develop Regular exercise habits, supporting the development of Taiwan’s sports industry with the strength of the enterprise。

TOPCO is committed to sports promotion. In 2011, it established a first-class baseball team – Anyong Fresh Baseball Team. It responds to and supports national football sports and promotes sports to the lives of employees and customers. It is entrusted to operate the Taipei University Sports Center and invests tens of millions to create sports. The center’s hardware and software equipment promotes sports to local communities, providing affordable and high-quality fitness, aerobic courses and various sports fields for the people in the Sanxia Dist. and Yingge Dist..

"CHR Healthy Corporate Citizenship Bronze Award" by Health Magazine

From healthy catering to sports promotion, has two-pronged approach from the inside out, and won the Bronze Award of the “Healthy Corporate Citizenship Award” from “Healthy Magazine”. TOPCO Group aims to become an enterprise with a sense of happiness. Robert Lai, vice chairman of the group, said: “Caring for the physical and mental health of employees, cultivating employees’ self-worth, the higher the employee’s sense of accomplishment, the more efficient and productive they can be improved.”

Awarded the Best Performance Award, Corporate Sustainability Report Silver Award at the TCSA

The Taiwan Enterprise Sustainability Reporting Award is to commend enterprises in the three aspects of environment, society, and corporate governance, implement the sustainable development goals of the United Nations, and conform to international norms and evaluation criteria. In the “13th TCSA Taiwan Enterprise Sustainability Award in 2020”, TOPCO won the double honor of “Taiwan Sustainability Enterprise Excellence Award” and “Corporate Sustainability Report Gold Award”.

Current status and development

Corporate history

When founder Mr. Chang established TOCPO in 1990, “diligence, professionalism, and sharing the success” have since become our unchanged business philosophy. Besides entering forwardlooking fields, we also proactively introduced the latest manufacturing processes and technologies to provide customers with integrated services of the highest standards through high-efficiency planning and execution upon a global operation model.

In the high-tech area, we insist on meeting customer requirements with reliable quality, punctual delivery, and responsive services. In addition to supplying precision materials, manufacturing equipment, and components to the semiconductor, LCD, and LED industries as an agent and trader, we also offer system planning and integration services. By passing the ISO 9001 international standard for quality management and earning the ROC Golden Torch Award, we became the best partner of suppliers and customers.

In 2000 we became an emerging stock company. After the initial public offering (IPO) in 2003, we began to constantly develop business operations both in depth and in breadth, becoming a total product and service provider of high-tech industries. The annually growing revenues and profit prove that we have earned favor and recognition of worldwide customers for our professional integration capability.

2022

Invested in Shunkawa and Ping Yue Technologies.

2021
  • Invested in Top Vacuum, Tai Ying Resource Industrial Corp., Unitech Engineering Corporation and Topco Scientific USA Corp.;established professional sports training brand "XPORTS".
  • Topchem Materials obtained the certification of IATF 16949.
2019

Grand opening of National Taipei University Sports Center.

2018

Grand opening of ANYO Biotechnology's Mituo Plant.

2017

Grand opening of "ANYO Museum" in Yilan.

2016

Invested in YILAN ANYO LOHAS.

2012

Reinvested in Ching Yang Energy, Topchem Materials, ANYO Biotechnology, and ANYO Freshmart.

2011

Started TOPCO Scientific, a Grade-A amateur baseball team.

2010

Won "Outstanding Contribution Award" by DuPont in the US and awarded with Annual Taiwan Golden Root Award.

2009

Obtained ISO-9001 International Quality Certification.

2008

Invested in ECO Technical Services. Reinvested in Jia Yi Energy and KuanYueh Technology Engineering.

2007

The Environmental Engineering Business Unit obtained the certification of OHSAS 18001 Occupational Health and Safety Management System.

2006

The Neihu Corporate HQ Building was commissioned on June 24.

2005

Invested in Chongzhi International Investment, Chongsheng International Investment, and reinvested in Suzhou TOPCO Construction.

2004

Reinvested in Singapore Topscience(S) Pte.

2003

Became a TWSE listed company on August 25. Reinvested in TOPCO Scientific (Shanghai). Awarded with the 11th ITA Award by the Ministry of Economic Affairs.

2002

Awarded with the 2nd R.O.C Golden Torch Award.

2001

Invested in Taiwan E&M Systems.

2000

Went public and listed in OTC on May 24.

1997

Obtained ISO-9002 International Quality Certificate.

1995

Invested in Shin-Etsu Handotai Taiwan and Shin-Etsu Optoelectronic.

1993

Invested in TOPCO Quartz Products.

1990

TOPCO Scientific was established on February 17.

Organizational profile

TOPCO officially listed on the Taiwan Stock Exchange in 2003 under the stock code: 5434. Currently, TOPCOP mainly operates business in Asia, notably Taiwan, mainland China, Singapore, and Japan. TOPCO is headquartered at No. 483, Section 2, Tiding Boulevard, Taipei City, Taiwan.

TOPCO SCIENTIFIC Co., Ltd.

No. 483, Section 2, Tiding Boulevard, Taipei City, Taiwan.

Date of establishment
February 17, 1990
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Date of listing
(stock code: 5434)
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Authorized capita
billion (NTD)
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Number of employees
(by 2022/12/31)
0 employees
Total number of group employees
(by 2022/12/31)
0 employees

Corporate Governance

Board of Directors

As TOPCO’s highest governance body, the Board of Directors (Board) is composed of directors and independent directors. According to our Articles of Incorporation, the current (11th) Board was elected on June 22, 2020 with nine directors and three independent directors, each is entitled to a term of three years and reelection. We have purchased the directors and officers (D&O) liability insurance for directors within their duties. The term of the current Board is from 2020.6.22 to 2023.6.21. To strengthen corporate governance, we have established the Corporate Governance Best-Practice Principles to enforce board member diversity. Board members are equipped with the operational management, business administration, and financial expertise and related work experience, and an appropriate policy on diversity based on the company’s business operations, operating dynamics, and development needs be established and include, without being limited to, gender, age, and educational background.
The 11th Board was elected based on a diversity policy. The table below shows the professional knowledge and independence of each Board member. Such information is also disclosed in our annual report and the Investor.

Link to:TOPCO Group Official Website > Stakeholders Area

Stock information

Shareholder structure

No Data Found

Dividend distributions in the last five years

No Data Found

Business diversification

TOPCO and its subsidiaries are collectively called TOPCO Group. In response to the global trends of environmental protection and health preservation , we have progressively extended our operations to environmental protection, food, sports, and leisure industries relating to life, hoping to get a foothold in each area and thereby become a trusted, indicative group in society that provides consumers with sincere services and safe products.

From the Chairperson

Chairperson of TOPCO

Mr. Jeffery C.L. Pan

Chairperson of TOPCO

Mr. Jeffery C.L. Pan

Success in operations: Record-breaking revenue of NT$52.98 billion

Science and Technology for Excellence and Sustainability

In 1990, TOPCO started operations in a humble office on Fuxing North Road in Taipei. Thanks to the support of customers and the concerted efforts and dedication of all employees, we have devoted ourselves to the high-tech sector and extended to the circular economy and health industry for diversification. Our territory has expanded from Taiwan to China, Japan, the United States, and Southeast Asia, with a total number of employees exceeding 1,000 persons. In 2022, our consolidated revenue reached NT$52.98 billion, with a new record high in both revenue and profit.

Investing in forward-looking industries to find solutions for global issues

Through long-time engagement in the semiconductor, optoelectronics, and solar power industries, we provide customers with excellent, precise, efficient, and quality services to create corporate core value. Besides continuously developing products and services in the semiconductor sector, in response to the rising awareness of environmental sustainability and food safety, in environmental engineering, we actively strive to win big wastewater treatment contracts, develop recycling technology for industrial waste, and implement the total quality management (TQM) system in order to realize environmental sustainability and add new growth momentum through re-investment in, integration with, and expansion to sectors such as renewable energy and the circular economy. Anyo, our investee, aims to develop a health care industry with technology and introduce the concept of healthy diet to promise a future of sustainable health for the public.

Adhering to the role of industry integrator and technology provider, we create common good with suppliers and customers. Through diversifying talent recruitment and training, taking care of employees, creating benefits for shareholders, practicing corporate governance, and fulfilling corporate social responsibility, we aim to pursue sustainable business development.

Chairperson of TOPCO