Sustainable management is the Group’s core mission. We hope to generate long-term and stable value for us and our stakeholders through continued R&D investments, deployment of upstream and downstream resources, and increased profitability. We continue to increase our investments in Mini/Micro-LED displays, smart sensors, and microelectronic components for III-V compound semiconductors as well as other advanced technologies to stabilize our financial structure, build our R&D capabilities, and optimize resource utilization, thereby consolidating our value chain and industrial positioning, strengthening competitive advantages within our supply chain, and establishing a competitive ecosystem.

Our revenues for 2023 declined compared with 2022, mainly due to macroeconomic impacts, but there were no overall risks associated with sales concentration.

Please refer to the Ennostar website (Investors section) to view the Group’s consolidated and individual financial reports for 2025.
 

In response to international trends in tax governance and sustainable taxation, Ennostar strictly manages tax operations in accordance with the Group's tax policy and pays taxes in compliance with the law. The Group reviews the appropriateness of its tax policy annually to e ectively control tax risks and implement corporate sustainable development. The Company has a dedicated tax unit sta ed by experienced tax managers and specialists who perform day-to-day tax administration and management and assist the Accounting Director in planning and fulfilling the Company's tax obligations. The Chief Financial O icer bears overall responsibility for tax management. In addition, the Group's principal operating locations are Taiwan and China. Faced with rapidly changing domestic and international tax laws and regulations, the Group actively monitors tax policy changes in each jurisdiction and makes appropriate responses and strategic adjustments. It also strengthens professional knowledge through services provided by external tax advisory firms.

The Group’s tax policies are as follows:
•    All operations are conducted in accordance with applicable tax laws and regulations.
•    Transactions between related enterprises are handled in accordance with the arm's-length principle.
•    Financial reporting is transparent, and tax disclosures comply with applicable laws and public disclosure requirements.
•    The Group does not use tax havens or engage in tax planning for the purpose of tax avoidance.
•    The Group does not transfer Company-generated profits to low-tax jurisdictions.
•    The Group builds relationships of mutual trust and respect with tax authorities.
•    The tax implications of all material Company decisions are considered.
•    The Group analyzes the operating environment and uses management mechanisms to assess tax risks.

 

ENNOSTAR Inc.'s 2025 sustainable investment strategy centers on “Green Transformation × Digital Transformation.” Environmental, social, and governance (ESG) principles are fully embedded in investment decision-making and post-investment management mechanisms, while transparency of information disclosure is continuously enhanced. In the face of global industrial restructuring, accelerated energy transition, and growing demand for high-end applications, Ennostar adopts a long-term value-creation orientation and strengthens investment discipline to ensure that capital deployment balances financial performance, risk control, and sustainable impact.

Within its investment framework, Ennostar uses the “Dual Value-Added Engines” as the core logic of sustainable investment:

On the one hand, in post-investment management, the Group improves asset utilization e iciency and strategic and capital returns through technical cooperation and integration of operating synergies with existing portfolio companies. On the other hand, in pre-investment development, it continues to position itself in new applications and markets with medium- to long-term growth potential, building a resilient investment portfolio. In investment deployment, Ennostar focuses on “3+1 high-value-added applications,” covering automotive, advanced displays, smart sensing, and optical communications, and continues to strengthen technical barriers, market positioning, and long-term growth momentum. In sustainable investment governance, Ennostar follows the United Nations Principles for Responsible Investment (PRI), systematically incorporating ESG risks and opportunities into investment evaluation, post-investment management, and performance tracking to ensure that investment activities align with the Group's long-term sustainability goals.

In addition, Ennostar continues to strengthen the connection between sustainability topics and financial performance, risk management, and capital-market communication, enhancing information transparency and stakeholder trust. It also actively participates in the development and implementation of industry sustainable-investment standards, progressively improving the Group's sustainable investment strategy and internal guidelines and fully integrating ESG into policy formulation and evaluation mechanisms. Overall, Ennostar Group is committed to creating long-term value for shareholders, customers, employees, and society and fulfilling its corporate vision: “Moving forward with light and driving innovation; illuminating the future through smart sustainability.”