 2010-08-30 |
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(2010/08/30, Industrial and Commercial Times) The president of YC Group, Li Zhihsien, recently stated that YC (4306) and ACHEM (1715) held an operational summit with their senior teams to formulate a five-year development plan, establishing five core focus areas: adhesive tape, films, packaging materials, real estate, and new ventures.
Through expansion in China and Vietnam, the establishment of new factories in Central and South America, and the development of a distribution business in China, the group is striving toward a target of NT$80 billion in combined revenue from both sides of the Taiwan Strait and total assets of NT$100 billion by 2015.
Li pointed out that in the future, the core businesses of adhesive tape, films, and packaging materials will be interconnected across the strait to enhance production capacity and distribution synergies, accounting for 75% of the group's operational focus. Real estate and new ventures will serve as additional driving forces for profit structure enhancement.
Li stated that this year, the operational structure of YC and ACHEM has been prepared, showing significant improvements in both performance and revenue, with next year being the year of performance initiation. A five-year plan has been formulated with the aim of increasing the group's combined revenue from the current NT$20 billion to NT$80 billion, which includes NT$30 billion from adhesive tape, NT$20 billion from films, and NT$10 billion each from real estate, packaging materials, and new ventures in China.
Over the past decade, YC has achieved severalfold growth in net worth and assets through self-expansion, and it aims to grow net worth and total assets fivefold in the next five years, targeting NT$50 billion and NT$100 billion, respectively.
(Source: Industrial and Commercial Times – Reporter Peng Hsuan-yi / Exclusive Interview) |
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