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ESG

2024-02-20

Qisda's First Recognition in S&P Global Sustainability Yearbook Ranked in Top 5% Enterprises

Qisda actively embodies sustainability practices and has been selected for the first time in the S&P Global Sustainability Yearbook 2024, achieving recognition among the top 5% globally. Amidst intense competition among over 62 industries and 9400 companies worldwide, only 759 enterprises made it to this year's edition, with Qisda scoring an excellent 81 points (out of 100), securing a spot in the top 5%. Qisda's Chairman, Peter Chen, stated: "Qisda adheres to the core value of sustainable business operations, rallying our partners under four major strategies to continuously advance towards the goal of earning more than half of our profits from high value-added businesses by 2027. Qisda and our partners actively undertake sustainable actions in environmental, social, and governance aspects. In 2023, we were honored with approximately 30 sustainability awards domestically and internationally, highlighting the outstanding performance in sustainability by the collaborative effort." In terms of environmental efforts, Qisda actively participates in various international sustainability organizations, practices green design to create low-carbon products, reduces energy consumption, and minimizes material usage. Compared to the base year of 2015, material and resource consumption have decreased by over 38%, average carbon reduction of products reaches 45.47%, with over NT$23 million invested in global green equipment, saving 6,445 thousand kWh of electricity. The Taiwan Factory has been certified with the Green Factory Label.  On the social front, with a focus on social care, Qisda organizes 150 events annually, involving over thirty thousand participants, demonstrating significant social influence. It fosters a diverse, equitable, inclusive working environment, winning the Asia's Best Employer Award for five consecutive years, boasting a high employee retention rate of 90.2%, 90.1% participation rate in employee stock trust, equal gender promotion rates in Taiwan, and advocating for openness and respect for diverse cultures, attracting excellent talents from around the world. Regarding governance, Qisda's governance evaluation remains in the top 6% to 20% among TWSE listed companies, consistently included in the TWSE Corporate Governance 100 Index Component Stocks for five consecutive years since 2019. It achieved the first-stage transformation goal in 2022 of "more than half of revenue from high value-added businesses," and continues to progress towards the second-stage goal of "more than half of profits from high value-added businesses by 2027." Qisda actively practices sustainable operations, setting targets for a 30% reduction in supply chain carbon emissions by 2030, 100% renewable energy use by 2040, and achieving net zero emissions by 2050. In the future, it will accelerate innovation, provide environmentally friendly products, actively collaborate with partners in the Grand Fleet and suppliers, collectively reduce carbon emissions, and strive towards the goal of "together, make the world better.”

ESG

2023.11.15

BenQ Group Receives Twelve Awards at Taiwan Corporate Sustainability Awards

BenQ Group is dedicated to sustainable development. At the 16th Taiwan Corporate Sustainability Awards (TCSA), the group received a total of 12 awards. Notably, Qisda Corporation has been honored for two consecutive years as one of the ‘Top 100 Sustainability Enterprises Awards,’ acknowledging its continuous dedication to refining its sustainable practices. This dedication extends beyond Qisda Corporation to include grand fleet members, with MetaAge receiving the ‘Sustainable Single Performance - Talent Development Leadership’ award. In terms of Corporate Sustainability Reports, both Qisda Corporation and BenQ Materials achieved the highest recognition at the ‘Platinum Level,’ showcasing fruitful outcomes. The 16th TCSA, organized by the Taiwan Institute for Sustainable Energy Foundation, hosted its award ceremony on November 15. The organizers highlighted a 24% increase in the number of participating companies this year, totaling 526. Over the years, the number of participating companies has reached 731, with their combined annual revenue accounting for 140% of Taiwan’s 2022 GDP. The market value of these participating companies represents 80% of the total market value on the Taiwan Stock Exchange. This clearly indicates that emphasizing ESG factors is not only a challenge and a driving force for businesses but also a catalyst for progress. Chairman Peter Chen of the BenQ Group expressed that the group actively engages in sustainable business operations, uniting partners from the grand fleet. In 2023, the group received multiple sustainability awards, encompassing innovative technology, corporate social responsibility, and sustainable supply chain management. This recognition attests to the outstanding performance of the grand fleet in furthering its commitment to sustainable operations. Collaborating with Grand Fleet Partners, BenQ Group Achieved Sustainability Report Awards: Double Platinum, Double Gold, Three Silver, and Two Bronze, Earning Nine Distinctions The BenQ Group, collaborating with its grand fleet members, actively fosters sustainable business practices and continual improvements. This collaboration includes Qisda Corporation, BenQ Materials, Alpha Networks, Hitron, DFI, MetaAge, and Ace Pillar. In the current year, they have earned nine prestigious awards for their bilingual sustainability reports(in Chinese and English), achieving distinctions such as ‘Double Platinum, Double Gold, Three Silver, and Two Bronze.’ The grand fleet members have experienced an improvement in their rankings compared to the previous year, showcasing a proactive response to the environmental sustainability (E), social welfare (S), and corporate governance (G) expectations and demands of investors, consumers, and other stakeholders. These achievements underscore the tangible results of the companies’ sustainable development efforts. Ranked among Top 100 Sustainable Enterprises in Taiwan, Acknowledged for Sustainable Performance Qisda Corporation and its affiliate, Alpha Networks, are committed to promoting green products to reduce environmental impact, providing employees with excellent working conditions and benefits, implementing concrete local community care initiatives, actively fulfilling the company’s commitment to giving back to society, and establishing a transparent and responsible management system. Their performance in the three dimensions of ESG has been acknowledged, earning both companies the prestigious ‘Top 100 Sustainable Enterprises in Taiwan’ award for comprehensive sustainability achievements. Qisda Corporation actively practices sustainable business operations, setting goals to reduce supply chain carbon emissions by 30% by 2030, achieve 100% use of renewable energy by 2040, and attain net-zero emissions by 2050. In the future, they will accelerate innovation to provide environmentally friendly products and collaborate closely with the grand fleet and supplier partners to collectively reduce carbon emissions. They are committed to advancing towards the goal of ‘Together, Make the World Better.’ Taiwan Corporate Sustainability Awards BenQ Group Award List: Qisda Corporation: .Top 100 Sustainable Enterprises in Taiwan .Platinum Level – Corporate Sustainability Reports  .Bronze Level – Corporate Sustainability Reports (English) BenQ Materials: .Platinum Level – Corporate Sustainability Reports  .Silver Level – Corporate Sustainability Reports (English) Alpha Networks: .Top 100 Sustainable Enterprises in Taiwan .Gold Level – Corporate Sustainability Reports Hitron Technologies: .Silver Level – Corporate Sustainability Reports DFI: .Gold Level – Corporate Sustainability Reports MetaAge: .Silver Level – Corporate Sustainability Reports .Sustainable Single Performance – Talent Development Leadership Ace Pillar .Bronze Level – Corporate Sustainability Reports

2023.11.15

ESG

2024.03.01

Qisda Target has been validated by the SBTi, Aiming to Keep Global Warming Below 1.5°C

Qisda announced that it has been validated by the Science Based Targets initiative (SBTi), an international authority on climate change. Using financial accounting as the organizational boundaries, the company actively proposed carbon reduction goals, aligning with the United Nations Climate Summit's Paris Agreement to limit global average temperature rise to 1.5°C. Qisda commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year. Qisda Corporation also commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe. Qisda's main emissions sources in its operations come from Scope 2 purchased electricity usage, accounting for about 90% of Scope 1 and Scope 2 emissions. To achieve its carbon reduction goals, Qisda joined RE100 in December 2022 and actively promotes the establishment solar renewable energy and energy storage systems in various manufacturing sites. This involves upgrading old equipment, implementing energy-saving measures, procuring renewable energy, and reducing fossil fuel usage to initiate carbon reduction actions. Regarding Scope 3 emissions sources, which mainly include purchased goods and services, and use of sold products, Qisda has established sustainable supply chain management. It assists suppliers in conducting carbon footprint assessments, aiming to comprehensively reduce the carbon footprint of the supply chain. At the product level, Qisda is committed to implementing green design, creating low-carbon products to further reduce energy consumption and minimize material usage, thus achieving comprehensive carbon reduction goals. The SBTi is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.

2024.03.01

ESG

2023.07.21

BenQ Group Wins “Best Companies to Work for in Asia” for Fifth Consecutive Time

The BenQ Group continues its outstanding performance, securing the prestige of the “Best Companies to Work for in Asia” award for the fifth consecutive year and receiving the prestigious Gold Award for the first time. In the anonymous employee questionnaire survey conducted by the organizers among all participating companies to highlight genuine employee feedback, the BenQ  Group received significantly higher scores in the three aspects of “Core,” “Self,” and “Group” compared to the market average. Out of 339 participating companies, it stands out, achieving an impressive five-year winning streak. Joe Huang, BenQ Group’s President, stated that from caring for employees’ physical and mental well-being to providing comprehensive talent development, the group offers a happy, equal, and supportive work environment that allows employees to fully showcase their talents and abilities. The continuous five-year achievement and the Gold Award are the results of the collective efforts of all colleagues. The BenQ Group aims to achieve the vision of a grand fleet with over half of high-value businesses profitable by 2027. They look forward to growing stronger together with their colleagues and moving toward their goals. The “Best Companies to Work for in Asia” award employs a diverse evaluation approach, with the anonymous employee survey being pivotal in highlighting genuine employee sentiments and serving as the key to winning the award. Based on this year’s questionnaire results, participating employees believe that in terms of talent development, apart from offering diverse training programs, the group’s “Grand Fleet” platform, which encompasses investments, mergers, and transformations, enables them to choose their areas of expertise, discover their strengths, find ways to improve themselves, and challenge higher goals. With more rotation opportunities, a positive feedback loop is formed. The BenQ  Group upholds a people-centric core philosophy, fostering a high-standards work environment and offering generous employee stock trust systems and other welfare programs. The group respects diverse expertise, addressing each other by name rather than job titles, to build an equal and inclusive workplace culture. Furthermore, the group values ESG (Environmental, Social, and Governance) sustainable development, recognizing that only with sustainable businesses can talent endure. This includes advocating for digital learning to break the constraints of time and space while reducing paper usage and carbon emissions. Utilization and completion rates have reached 81% and 90% respectively. The group also organizes multiple beach cleaning activities and provides paid volunteer leave, initiatives which are intended to strengthen employee awareness of environmental protection. This further cultivates sustainable DNA deeply rooted in green product design, green operations, and a green supply chain. The “Best Companies to Work for in Asia” award is a prestigious award organized by HR Asia Magazine for businesses across Asia, recognized as an authoritative award in the field of human resources management in Asia. HR Asia appoints a review committee composed of industry experts to assess participating companies from various perspectives, such as corporate investigation reports, anonymous employee surveys, or on-site visits, and other evaluation methods, to identify the integrity and authenticity of the cultural, environmental, and welfare systems presented by the participating companies. This multifaceted evaluation process aims to select outstanding corporate brands from different sectors. This year, a total of 339 companies participated, with only 12 companies receiving the highest honor, the Gold Award.

2023.07.21

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Latest News

News Release

2024.03.14

Qisda Extraordinary Shareholders' Meeting Approves BenQ Medical Center (BBHC) Hong Kong IPO Plan, Accelerating Future Growth Momentum

Qisda (TWSE: 2352) Extraordinary Shareholders' Meeting approved BenQ Medical Center Hong Kong IPO Plan today. To expand the group's medical services business, increase revenue, and achieve profit growth, the meeting has approved that the subsidiary BenQ BM Holding Cayman Corp. (referred to as "BBHC", aka BenQ Medical Center) applies for listing on the Main Board of the Stock Exchange of Hong Kong Limited (referred to as “SEHK”). This move is expected to accelerate future growth momentum. BBHC is the largest entity within the Qisda healthcare business field. It currently owns two large comprehensive teaching hospitals, Nanjing BenQ Medical Center, and Suzhou BenQ Medical Center. It also invests in Donghui Hospital in Guigang, Guangxi. Due to its proximity to frontline medical, nursing, and patient needs, it serves as the flagship institution guiding the group's healthcare strategic direction. Nanjing BenQ Medical Center Nanjing BenQ Medical Center and Suzhou BenQ Medical Center continue to develop human-centered, service-oriented smart hospitals. In February 2024, they respectively passed the audit, becoming the second privately-owned hospital in Nanjing and the first in Suzhou to achieve 4A interconnection of hospital information systems, symbolizing a high level of maturity in integrated smart hospital information systems and the standard of hospital-wide information sharing. Suzhou BenQ Medical Center     Nanjing BenQ Medical Center is also the only privately-owned Grade III Class A hospital in Nanjing. In 2023, it ranked 8th in the Top 100 privately-owned Hospitals by Ailibi. Suzhou BenQ Medical Center has passed both international JCI accreditation and Grade III hospital evaluation. The annual service volume of the two hospitals has exceeded 2 million visits, earning the trust of the local population. Qisda pointed out that after the BBHC listing, BBHC will be able to raise funds through various financing channels, which will enhance its working capital and optimize the financial structure. This enables further expansion of hospital facilities, such as increasing the number of beds and introducing specialized medical teams and equipment. BBHC’s public offering in the listing will enhance its visibility in the industry and attract outstanding talents. It will be favorable for the Group’s increase in revenue and profits, so as to pursue the best interests of shareholders.

2024.03.14

News Release

2024.03.06

Qisda Holds 4Q’23 Earnings Conference

March 06, 2024 Group entities apply for public listing sequentially, accelerating future growth momentum High-value-added (HVA) business revenue has exceeded 100 billion for two consecutive years, medical revenue grew 20% YoY Qisda has successfully nurtured its Grand Fleet partners and is proactively advocating for the independent listing of its subsidiaries in 2024 to raise funds from the market and accelerate growth momentum. Pursuing the goal of "Profits from high value-added (HVA) businesses exceed 50% by 2027", Qisda's HVA business revenue has exceeded NTD 100 billion for two consecutive years, driving the gross profit margin continuously to grow to over 16%. The company aims to accelerate value transformation in the future. Qisda held an online conference on March 6 to explain fiscal 2023 operational results and the future outlook. Qisda's consolidated revenue for fiscal 2023 reached NTD 203.6 billion, of which the medical business has been steadily growing year by year. Medical revenue was approaching NTD 25 billion with an annual growth rate of 20%. The gross margin, operating income margin, and operating income of the medical business were all increased compared to the same period last year. Qisda's Chairman, Peter Chen, stated that Qisda has built a resource platform over the last decade, proactively expanding high-value-added businesses with fleet partners. This year, it is pleasing to see fleet partners entering the capital market successively. The independent listing of fleet partners not only indicates the affirmation of the company's corporate governance and commitment to sustainability but also enables the company to raise plenty of funds from the market and speed up growth momentum, driving Qisda Group to grow collaboratively. Qisda’s President, Joe Huang, stated that pursuing the goal of more than half of profits generated from high value-added businesses by 2027, Qisda will continue to promote organizational efficiency and focus this year, as well as facilitate subsidiaries' entry into the capital market. Through lean and focused approaches, integrating resources for companies within similar industries, and expanding products and channels comprehensively, they can achieve greater synergies. Subsidiaries with diverse fundraising channels can expand growth opportunities and accelerate growth momentum. This year, Qisda Group entities are applying for public listing sequentially. Norbel Baby (6844), which was invested last year, is expected to be listed on Taipei Exchange (TPEx) on March 8, accelerating the pharmacy chain expansion and strengthening healthcare products for adults to meet the needs of the aging society. Data Image (3168) will be listed on the Taiwan Stock Exchange (TWSE) on March 26, strengthening and reinforcing its leading position in outdoor weather-resistant rugged displays. Meanwhile, BenQ BM Holding Cayman Corp. will also submit its listing application to HKEX for initial public offering (IPO). In terms of performance in each business group in 2023, IT business revenue was NTD 106.5 billion, with a 25% decrease due to declining demand for IT products. Among HVA businesses, medical business performed notably well, with a revenue growth rate of 20%. Medical’s gross margin, operating income margin, and operating income all increased compared to the previous year. BSG revenue grew by 3%, with an increase in gross margin and operating income. NCG business was affected by customer inventory adjustments, decreased by 16% in revenue, and a decline in gross margin and operating income margin. Qisda 2023 Financial Report Highlights: Revenue: NTD 203.6 billion, down by 15% year-on-year. Gross Profit: NTD 33.076 billion, a decrease of 4% year-on-year. Gross Margin: 16.2%, an increase of 1.8 percentage points year-on-year, marking a 20-year high record. Operating Income: NTD 5.011 billion, down by 14% year-on-year. Operating Income Margin: 2.5%, up by 0.1 percentage points year-on-year. Net Income: NTD4.516 billion, a decrease of 59% year-on-year. Net Income Attributable to Qisda: NTD 2.976 billion, down by 64% year-on-year. Earnings Per Share (EPS): NTD 1.51.

2024.03.06

Monthly Revenues

2024.03.05

Qisda Announces Consolidated Revenue for February

TAOYUAN, TAIWAN, March 5, 2024 – Qisda Corporation today announced consolidated revenue of NT$13.9 billion for the month of February 2024, representing MoM decrease of 14.7% and YoY decrease of 11.5%. The accumulated revenue of 2024 was NT$30.3 billion, representing YoY decrease of 4.1%.

2024.03.05

News Release

2024.03.05

Qisda Announces Financial Results for Fiscal 2023

March 05, 2024   The accumulated earnings per share (EPS) for fiscal 2023 is NTD 1.51 Cash dividend is NTD 1.2 per share   Qisda (TWSE: 2352) today announces its fiscal 2023 financial results, reporting an earnings per share (EPS) of NTD 1.51 and a cash dividend of NTD 1.2 per share. Benefited from the successful ventures in high-value-added (HVA) businesses such as medical, the HVA revenue has exceeded 100 billion for two consecutive years, and the overall gross margin reached 16.2%, marking a new high in 20 years.   Qisda will hold an investor conference on March 6 to explain the results of fiscal 2023 and the future outlook. A cash dividend of NTD 1.2 per share is expected to be distributed, with a dividend payout ratio of approximately 79%.    Qisda also decided to hold the annual general shareholders' meeting on 29th May.   Qisda's 2023 consolidated revenue was NTD 203.6 billion, a decrease of 15% from the previous year, and operating income was NTD 5.011 billion, a decrease of 14% from last year, which were mainly affected by the decline in demand for IT products. The net income attributable to Qisda was NTD 2.976 billion, down by NTD 5.3 billion from last year, mainly due to the disposal of 100% shares of BenQ (Hong Kong) Limited in 2022 with a gain of approximately NTD 5.3 billion.     Benefited from the expansion into HVA businesses such as medical, Qisda's gross margin continued to grow and reached 16.2% in 2023, up by 1.8 percentage points from last year and setting a 20-year high record. For two consecutive years, the HVA revenue of NTD 101.2 billion exceeded 100 billion, accounts for 50% of the total annual revenue. Qisda's consolidated revenue for fiscal 2023 was NTD 203.6 billion, with a gross profit of NTD 33.08 billion, operating income of NTD 5.011 billion, net income of NTD 4.516 billion, net income attributable to Qisda of NTD 2.976 billion, and earnings per share (EPS) of NTD 1.51.

2024.03.05

ESG

2024.03.01

Qisda Target has been validated by the SBTi, Aiming to Keep Global Warming Below 1.5°C

Qisda announced that it has been validated by the Science Based Targets initiative (SBTi), an international authority on climate change. Using financial accounting as the organizational boundaries, the company actively proposed carbon reduction goals, aligning with the United Nations Climate Summit's Paris Agreement to limit global average temperature rise to 1.5°C. Qisda commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2021 base year. Qisda Corporation also commits to reduce absolute scope 3 GHG emissions 25% within the same timeframe. Qisda's main emissions sources in its operations come from Scope 2 purchased electricity usage, accounting for about 90% of Scope 1 and Scope 2 emissions. To achieve its carbon reduction goals, Qisda joined RE100 in December 2022 and actively promotes the establishment solar renewable energy and energy storage systems in various manufacturing sites. This involves upgrading old equipment, implementing energy-saving measures, procuring renewable energy, and reducing fossil fuel usage to initiate carbon reduction actions. Regarding Scope 3 emissions sources, which mainly include purchased goods and services, and use of sold products, Qisda has established sustainable supply chain management. It assists suppliers in conducting carbon footprint assessments, aiming to comprehensively reduce the carbon footprint of the supply chain. At the product level, Qisda is committed to implementing green design, creating low-carbon products to further reduce energy consumption and minimize material usage, thus achieving comprehensive carbon reduction goals. The SBTi is a global body enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. It is focused on accelerating companies across the world to halve emissions before 2030 and achieve net-zero emissions before 2050. The SBTi defines and promotes best practice in science-based target setting, offers resources and guidance to reduce barriers to adoption, and independently assesses and approves companies’ targets.

2024.03.01

ESG

2024.02.20

Qisda's First Recognition in S&P Global Sustainability Yearbook Ranked in Top 5% Enterprises

Qisda actively embodies sustainability practices and has been selected for the first time in the S&P Global Sustainability Yearbook 2024, achieving recognition among the top 5% globally. Amidst intense competition among over 62 industries and 9400 companies worldwide, only 759 enterprises made it to this year's edition, with Qisda scoring an excellent 81 points (out of 100), securing a spot in the top 5%. Qisda's Chairman, Peter Chen, stated: "Qisda adheres to the core value of sustainable business operations, rallying our partners under four major strategies to continuously advance towards the goal of earning more than half of our profits from high value-added businesses by 2027. Qisda and our partners actively undertake sustainable actions in environmental, social, and governance aspects. In 2023, we were honored with approximately 30 sustainability awards domestically and internationally, highlighting the outstanding performance in sustainability by the collaborative effort." In terms of environmental efforts, Qisda actively participates in various international sustainability organizations, practices green design to create low-carbon products, reduces energy consumption, and minimizes material usage. Compared to the base year of 2015, material and resource consumption have decreased by over 38%, average carbon reduction of products reaches 45.47%, with over NT$23 million invested in global green equipment, saving 6,445 thousand kWh of electricity. The Taiwan Factory has been certified with the Green Factory Label.  On the social front, with a focus on social care, Qisda organizes 150 events annually, involving over thirty thousand participants, demonstrating significant social influence. It fosters a diverse, equitable, inclusive working environment, winning the Asia's Best Employer Award for five consecutive years, boasting a high employee retention rate of 90.2%, 90.1% participation rate in employee stock trust, equal gender promotion rates in Taiwan, and advocating for openness and respect for diverse cultures, attracting excellent talents from around the world. Regarding governance, Qisda's governance evaluation remains in the top 6% to 20% among TWSE listed companies, consistently included in the TWSE Corporate Governance 100 Index Component Stocks for five consecutive years since 2019. It achieved the first-stage transformation goal in 2022 of "more than half of revenue from high value-added businesses," and continues to progress towards the second-stage goal of "more than half of profits from high value-added businesses by 2027." Qisda actively practices sustainable operations, setting targets for a 30% reduction in supply chain carbon emissions by 2030, 100% renewable energy use by 2040, and achieving net zero emissions by 2050. In the future, it will accelerate innovation, provide environmentally friendly products, actively collaborate with partners in the Grand Fleet and suppliers, collectively reduce carbon emissions, and strive towards the goal of "together, make the world better.”

2024.02.20