| Founded in 1978, Yem Chio Company initially faced challenges but upheld principles of "integrity," "pragmatism," and "steadiness" in its operations. However, starting a decade ago, the company's direction deviated from its steady operational philosophy. In the midst of limited corporate resources, it ventured into numerous non-core industries, causing a stagnation in business growth over the past decade, which deeply disappointed employees and shareholders. After profound introspection and painful reflection, the company has formulated future development principles: |
| 1. |
Focus on simplicity and precision in core business development, identifying and prioritizing critical company matters. |
| 2. |
Do not fixate on tangible assets; higher value lies in developing intangible assets such as product innovation, enhancing employee education and training, and fulfilling social responsibilities. |
| 3. |
Data is paramount; it is as critical as customers. Leveraging data tracking and utilization allows the company to understand its current situation, foresee future directions, and accelerate growth. |
|
In recent years, the company has initiated pruning and focusing efforts, revitalizing assets and divesting loss-making units to accelerate profitability. The goal is to regain its esteemed position as a leading international adhesive tape manufacturer. |
The "past" has been missed, the "future" has yet to come, and the "present" is the best opportunity for the company's turnaround. Please give us some time as I lead Yem Chio towards continuous improvement, ultimately setting the benchmark in the adhesive tape industry. |
|
