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Miles Stones



1968~1979

1968

  • Founded in Kaohsiung with initial paid-up capital of NT$500,000.

1970

  • Established Composite Material Division, to promote fiber glass of Asahi Fiber Glass and polyester resin of Nippon Shokubai Co., Ltd. in Taiwan market.

1972

  • Established Industrial Material Division, to promote Toray polyester film and printed circuit board of Sumitomo Bakelite Co. in Taiwan market.

1973

  • Established Plastic Material Division, to promote engineering plastics of General Electric(GE) and Asahi Chemical Industry Co. in Taiwan market.

1975

  • Established Taipei office.

1976

  • Established Machinery Division, to promote injection molding machine of Japan Steel Works (JSW) and PCB exposure equipment from ORC in Taiwan market.

1978

  • Established Taichung office.
1980~1989

1981

  • Established Research & Development Division, to promote semiconductor related materials.

1987

  • Purchased and moved to new office at 11F-1 of Pao-Fu Building in Taipei.

1988

  • Renamed R&D Division as Electronic Material Division.

1989

  • Established Chang Hwa Electromaterials Inc., a joint venture with Nagase & Co., Ltd..
1990~1999

1990

  • Established Nagase Wahlee Plastics Corp., a joint venture with Nagase & Co., Ltd..

  • Purchased and moved to new Headquarters in Kaohsiung.

1997

  • Established Asahi Kasei Wah Lee Hi-tech Corp., a joint venture with Asahi Kasei Co., Ltd..

1999

  • Reorganized the sales divisions into Semiconductor Material Business Division, Electronic Machinery Business Division, Engineering Plastic Business Division, Advanced Material Business Division, Composite Material Business Division and Optoelectronics Business Division.
2000~2009

2000

  • Became a listed company on the OTC market on Sept. 19, 2000.

2001

  • Acquired majority of Raycong Industrial (Hong Kong) Limited.
  • Established Wah Lee Japan Corp. in Tokyo, Japan.

2002

  • Established Wah Fu International Trading (Shenzhen) Co., Ltd..
  • Became a listed company on the Taiwan Stock Exchange on Jul. 22, 2002.
  • Purchased 12th Floor of Pao-Fu Building in Taipei for business expansion.

2003

  • Affiliated company Chang Wah Electromaterials Inc. became a listed company on the OTC market on Oct. 30, 2003.
  • Hsin-Chu office and warehouse were accredited for ISO9001 and ISO14001.
  • Invested 30% of Shanghai Hua Chang Trading Co., Ltd., a joint venture with Nagase & Co. Ltd..

2004

  • Invested 70% of Shanghai Yi-Kang Chemicals & Industries Co., Ltd..
  • Integrated Advanced Material Business Division and PCB related business of Electronic Machinery Business Division into "Printed Circuit Board Business Division".
  • Both Kaohsiung and Tainan offices were accredited forISO9001 and ISO14001.

2005

  • Affiliated company Wah Hong Industrial Corp. became a listed company on the OTC market on June 23, 2005.
  • Renamed Composite Material Business Division as "Composite Industrial Material Business Division".
  • Both Taipei and Taichung offices were accredited for ISO9001 and ISO14001.

2006

  • Invested Wah Lee Tech (Singapore) Pte. Ltd..

2007

  • Established Dong Guan Hua Gang International Trading Co. Ltd..
  • Implemented SAP ERP system.

2008

  • Purchased and moved to new Hsin-Chu office.

2009

  • Established Green Energy & Optoelectronics Business Division.
2010~2019

2010

  • Liquidated Wah Fu International Trading (Shenzhen) Co., Ltd. and transferred the business to Dong Guan Hua Gang International Trading Co. Ltd..
  • Established Wah Lee Korea Co., Ltd..

2011

  • Reorganized the investment structures in China and changed the ownership of Shanghai Yi-Kang Chemicals & Industries Co., Ltd. to Raycong Industrial (Hong Kong) Limited.
  • Renamed Printed Circuit Board Business Division as Electronics and Mechanical Products Business Division.

2012

  • Established Skypower LLC, to run the solar power plants in Japan.

2013

  • Integrated Industrial Material Business Division and parts of Green Energy & Optoelectronics Business Division into Green Energy & Industrial Material Business Division.
  • Renamed Green Energy & Optoelectronics Business Division as Optoelectronics Business Division.

2014

  • Established Okayama, Sakuragawa and Miyazaki Solar LLC, to run the solar power plants in Japan.

2015

 

   Established Huaying Supply Chain Management (SZ) Co., Ltd., PT. Wah Lee    Indonesia, and Wah Lee (Vietnam) Co., Ltd.

   Invested Hong Kong Meidi Investment (Holding) Ltd.

2016

   Mr. Chang Tsung-Shien assumed the position of President & CEO.

2017

  • Established Audit Committee in response to the corporate governance regulations of the competent authorities.
  • Sold Skypower Ltd. and the solar power plant held by Skypower.
  • Acquired majority shareholding in Tranceed Logistics Co., Ltd.

2018

  • Acquired majority shareholding in Wah Tech Industrial Co., Ltd. in Thailand to strengthen its presence in Southeast Asia.
  • Sold the solar power plant held by Okayama Ltd. in Japan and liquidated the company.
  • Held the 50th anniversary party for the founding of the Company.

2019

  • Acquired majority shareholding in Kingstone Energy Technology Corporation to run business of solar power plant.
  • Established the Subsidiaries Wah Lee Philippines Inc. and Wah Lee Philippines International Corp..
  • Established Guangzhou Xingxian Medical Management Consulting Co., Ltd. to run business in biotech medical industry.

  • Acquired majority shareholding in Cyuan Cheng Logistics Co., Ltd. to expand the business in logistics industry.
2020~Future

2020

    Established Wah Heng Energy Technology Corp.

2021

  • Exclusively sponsored the National Junior College Cup “Wah Lee Innovative Materials Competition” held by the China Society for Materials Science.
  • The subsidiary Kingstone Energy Technology Corporation won the Top Solar Awards, the highest national PV (solar photovoltaic system) award.

  • Issued the third domestic unsecured convertible bond of NT$2.05 billion.

2022

  • Established the Sustainable Development Committee and issued the first sustainability report.
  • Acquired the land for the Southern Logistics Center.

  • Acquired majority shareholding in Hightech Polymer Sdn Bhd in Malaysia to strengthen the presence in Southeast Asia.
  • Adjusted the investment structure in Singapore and transferred the stock equity of Wah Lee Tech (Singapore) Ptd, Ltd. to the parent company.

  • Completed the Company’s first sustainable linked syndicated loan of NT$5 billion.