FM130

The formation of our diligent and simple corporate culture has been nurtured over time through our business philosophy. At its core, the business philosophy of Formosa Plastics Group is fundamentally based on a "diligent and simple" attitude in pursuing the rationalization of all matters. We emphasize thoroughly investigating every issue to fully understand its origins and principles before determining how to address it appropriately. After understanding these principles, we must then work diligently and continuously strive for excellence to achieve the highest standards, thereby maximizing operational efficiency. The foundation for this approach lies in maintaining a diligent and simple lifestyle and work ethic, which allows us to truly implement this philosophy. By leading a simple life, desires naturally diminish, reducing the influence of external temptations and distractions, enabling us to focus wholeheartedly on our work and achieve excellence. Formosa Plastics Group grew from nothing into a substantial enterprise largely due to this fundamental principle of diligence and simplicity. Our achievements today have been built step by step on this foundation. In pursuit of excellence in enterprise management, numerous internal issues and ever-changing external environments demand constant adaptation. Stagnation can lead to obsolescence, so in managing operations, we must thoroughly investigate every aspect, continually seek rationalization, and eliminate all possible waste and losses. We aim to streamline operations and pursue the ultimate goal of excellence. Until perfection is achieved, efforts must not cease; instead, they should deepen and intensify to enhance competitiveness continuously. The pursuit of rationalization is complex and challenging, but only through relentless effort can we improve day by day, strengthening our competitive edge and ensuring long-term success. Sustainable development is not only a basic ideal and vision for the enterprise but also a sacred responsibility. To achieve sustainable development, we must pursue reasonable profits. Without adequate operating profits, there would be insufficient momentum for continuous development and even potential difficulties in sustaining operations. Establishing a business is difficult, but maintaining it is even more challenging. When aiming for sustainable development, deep reflection is required in both mindset and practice. Continuous rationalization of operations is essential for creating operational performance, with profit being the result of such performance. Therefore, enterprises should not be content with short-term profits alone. For society, Formosa Plastics Group adheres to a philosophy that balances self-interest and mutual benefit, contributing to sustainable development. Besides providing high-quality products at reasonable prices to support economic growth, we also care for employees and partners, ensuring they have good living conditions. This way, while creating a promising future, we can fully realize our commitment to giving back to society. Dedicated to the principle of "taking from society and giving back to society," Formosa Plastics Group actively contributes to social welfare and serves the community. We have established non-profit medical and educational institutions aimed at nurturing talent and improving healthcare standards. We continue to promote medical assistance, aid for the underprivileged, overseas medical missions, and adhere to the philosophy of "the strong helping the weak and the rich aiding the poor." We provide financial and practical support to help indigenous youth develop skills, ensuring equal opportunities for disadvantaged groups and their eventual self-reliance. Additionally, we actively participate in environmental protection and disaster relief efforts. We believe that an enterprise’s existence is justified only when it creates reasonable profits and makes positive contributions to society. Once an enterprise views social contribution as its duty, it will continuously motivate itself to maintain sound operations and achieve long-term development.