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Optimax — AGM Information 2026
May 22, 2026
52283_rns_2026-05-22_bcaf917d-ce2d-466c-8d2f-68e21f32898b.pdf
AGM Information
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TWSE : 3051
Optimax
OPTIMAX TECHNOLOGY CORPORATION
2026 Annual General Shareholders' Meeting Agenda
Date: June 24, 2026
Notice to readers : If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language version shall prevail.
OPTIMAX TECHNOLOGY CORPORATION
2026 Annual Shareholders' Meeting Agenda
Date and Time: 9:00a.m., June 24, 2026
Venue: Optimax Technology Corporation– Plant 1(No. 37, Lane 659, Pingdong Rd., Pingzhen Dist., Taoyuan City, Taiwan)
Convention Method: Physical Meeting
Meeting Agenda:
Call the Meeting to Order (Declare the total number of shares of attendance)
Chairman’s Address
- Report Items
(1) 2025 Annual Business Report ... 2
(2) Audit Committee Review Report ... 2
(3) Report on the Allocation of Remuneration to Employees and Directors for 2025 ... 2
- Ratification Matters
(1) 2025 Business Report and Financial Statements ... 2
(2) 2025 Profit Distribution Plan ... 3
-
Questions and Motions
-
Meeting Adjourned
2
Attachments
Attachment 1: Business Report ...5
Attachment 2: Audit Committee Review Report ...7
Attachment 3: Parent Company Only Financial Statements for 2025 ...9
Attachment 4: Consolidated Financial Statements for 2025 ...22
Appendix
Appendix 1: Rules of Procedure for Shareholders’ Meetings ...35
Appendix 2: Articles of Incorporation ...38
Appendix 3: Shareholding Status of All Directors ...43
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Report Items
1. 2025 Annual Business Report
Explanation:
The 2025 Business Report is attached as Attachment 1 (page 5-6).
2. Audit Committee Review Report
Explanation:
The 2025 Audit Committee review report is attached as Attachment 2 (page 8).
3. Report on the Allocation of Remuneration to Employees and Directors for 2025
Explanation:
(1) According to Article 20 of our company's Articles of Incorporation, if the company generates profits in a recent year, 1% to 10% of the profits shall be allocated as employee remuneration, and no more than 1% should be allocated as director remuneration.
(2) In the year 2025, the company achieved a profit of NT$226,811,634 (calculated before the deduction of employee and director remuneration). Employee remuneration of 1%, totaling NT$2,268,116 and director remuneration of 0.5%, totaling NT$1,134,058. Both will be disbursed in cash.
Ratification Matters
1. 2025 Business Report and Financial Statements. (Proposed by the Board of Directors)
Explanation:
(1) The 2025 Financial Statements were audited by the independent auditors, Hsin-Liang Wu and Chia-Yu Lai of BAKER TILLY CLOCK & CO.
(2) For the 2025 Independent Auditors' Report, and the 2025 Financial Statements, Audit Report with an Unmodified Opinion and an Emphasis of Matter Paragraph. Please refer to Attachments 3-4 (pages 9-34).
(3) For the 2025 Business Report, please refer to Attachment 1 (page 5-6).
Resolution:
2. 2025 Profit Distribution Plan (Proposed by the Board of Directors)
Explanation:
(1) 2025 Profit Distribution Table:
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OPTIMAX TECHNOLOGY CORPORATION
2025 Profit Distribution Table
| Items | Unit: NT$
Amount |
| --- | --- |
| The initial undistributed surplus | 558,763,906 |
| Plus : Net profit after tax in 2025 | 167,928,897 |
| Plus : Other comprehensive profit | 1,529,853 |
| (Actuarial gains and losses of defined benefit plan in 2025) | |
| Cancellation of treasury shares | (39,552,986) |
| Deduction items: | |
| Less : Statutory surplus reserve (10%) | 12,990,576 |
| Less : Reversal of special surplus reserve | (2,376,498) |
| The end undistributed surplus | 678,055,592 |
| Distributable items: | |
| Shareholders' dividend - cash (NT$0.5 per share) | 82,500,000 |
| Undistributed surplus for the year | 595,555,592 |
Chairman : Peter Chao President : Wilson Chao Accounting Officer : Michael Chen
(2) An amount of NT$82,500,000 will be allocated from the distributable profits in 2025 for the distribution of cash dividends, with a dividend of NT$ 0.5 per share. Any fractional amounts will be rounded down to the nearest whole NTD and included in the Company's other income.
(3) After the proposed profit distribution plan is approved at the shareholders' meeting, the Chairman is authorized to determine the ex-dividend date, payment date, and other related matters.
(4) If there is a change in the company's share capital after the dividend distribution, affecting the number of outstanding shares, resulting in a change in the dividend payout ratio, the Chairman shall be authorized by the shareholders' meeting to handle the matter in accordance with the Company Act or other relevant laws and regulations.
Resolution:
Questions and Motions
Meeting Adjourned
5
【Attachment 1】
2025 Business Report
In the past few years, Optimax Technology Corporation has experienced the severe economic environment and financial restructuring. With its strong operating resilience, the company has successfully completed the transformation and returned to stable operations from the difficult bailout stage. Since 2023, the company has actively adjusted its product structure and successfully transformed into a professional automotive polarizing plate supplier.
Although in 2025, it faced exchange losses caused by the sharp appreciation of the New Taiwan dollar in the second quarter, which caused the operating net profit to fluctuate compared with the previous year, the profitability of its core business - automotive products remained stable. At the same time, we strictly implement expense control and continue to repay bank borrowings normally to optimize our financial structure. In the future, we will delve deeply into in-vehicle systems, actively expand into niche markets such as VR/AR, and seek cross-field innovation opportunities to create long-term and stable value for shareholders.
I.2025 Business Report
(I) Analysis of the budget enforcement, receipts and expenditures, and profitability:
In Thousands of New Taiwan Dollars; %
| Item | 2025 | % | 2024 | % | Amount of Increase (Decrease) | % |
|---|---|---|---|---|---|---|
| Operating revenue | 1,875,460 | 100.00 | 1,887,383 | 100.00 | (11,923) | (0.63) |
| Operating gross profit | 607,106 | 32.37 | 693,688 | 36.75 | (86,582) | (12.48) |
| Operating net profit | 265,234 | 14.14 | 352,702 | 18.69 | (87,468) | (24.80) |
| Annual net profit | 225,348 | 12.02 | 374,070 | 19.82 | (148,722) | (39.76) |
| Annual net profit of tax | 167,928 | 8.95 | 337,270 | 17.87 | (169,342) | (50.21) |
The consolidated turnover for this year was NT$1,875,460 thousand, a slight adjustment from the previous year. Affected by the appreciation of the New Taiwan dollar and price competition for highly durable iodine products in the second quarter, gross profit margin fell by 12.48% compared with the previous year. However, through process optimization and cost control, the company still achieved the following profit targets in 2025:
- Operating gross profit: NT$607,106,000
- Annual net profit (loss): NT$225,348 thousand
- Annual net profit (loss) of tax: NT$ 167,928 thousand
(II) Status of production and R&D
The company focuses on “high reliability” and “optical technology innovation” as its dual R&D pillars, targeting the automotive, industrial control, and wearable device markets:
- Vehicle application pilot:
● Weather resistance improvement: Successfully increased the guarantee conditions of automotive products from 95°C to 105°C~110°C, meeting the strict requirements of car manufacturers. Strict specifications.
● Viewing angle compensation technology: To meet the needs of high-end automotive displays, we develop cost-competitive viewing angle compensation film materials and build Establish technical threshold.
● Special application development: including active/passive anti-peep technology, large aspect ratio PHUD processing technology, and high optical Features: HUD cover composite PC film.
- VR/AR innovative layout:
● In view of the light, thin and short characteristics of VR/AR, UV-type OCA glue and laser cutting precision processing are introduced.
● Actively evaluate external optical coating (AR) technology cooperation and integrate the supply chain to provide customers with complete solutions.
II. Overview of the Business Plan for Fiscal Year 2026
♦ Future Development Strategies
-
Improve financial structure: continue to repay bank borrowings and reduce financial leverage and interest expenses.
-
Lean production management: Implement stable quality and achieve effective cost optimization by improving yield rate.
-
Focus on niche products: Concentrate resources to develop high-margin products such as vehicle-mounted thin polarizers, sunglasses, and VR/AR/AI glasses. product.
-
Asset activation policy: dispose of old equipment and rent out idle factories to increase non-industry income.
-
Diversified industry layout: evaluate and invest in potential future industries (such as information security chip IC design, medical equipment, etc.), Diversify operational risks.
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◆The principle of operation and policy of production and sales
- Deepen automotive customer management by strengthening relationships with key customers and enhancing service capabilities, increasing the added value of polarizing plates and customer penetration, and positioning the company as the most important secondary automotive polarizing plate supplier to its customers.
- Focus on high-value niche markets: Strictly control investment in low-margin businesses and grab orders at low prices, and prioritize products with high gross profits and high cash flow combination to optimize the overall profit structure to achieve the company's business goal of stable profitability.
- Promote high value-added products: accelerate the development of highly weather-resistant iodine-based and dye-based technologies, and actively enter into automotive, industrial control, and wearable industries (VR/AR/AI glasses) and sunglasses and other application markets.
Chairman Peter Chao
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【Attachment 2】
Audit Committee Review Report
The Board of Directors has made and reported the Company's 2025 financial statement, the business report, and the proposal of profits distribution. The Audit Committee found no discrepancy between the reported documents and facts after verifying. The Audit Committee hereby produced and sent forth the report according to Article 14-4 of the Securities and Exchange Act and Article 219 of the Company Act.
To: Optimax Technology Corporation 2026 Annual General Meeting.
Convener of the Audit Committee
Ted Kuo
March 12, 2026
NO.18231140A
[Attachment 3]
Independent Auditors' Report
To Optimax Technology Corporation
Opinion
We have audited the Parent Company Only balance sheets of Optimax Technology Corporation as of December 31, 2025, and December 31, 2024, along with the Parent Company Only statements of comprehensive income, changes in equity, and cash flows for the periods from January 1, 2025, to December 31, 2025, and from January 1, 2024, to December 31, 2024, as well as the notes to the Parent Company Only financial statements (including a summary of significant accounting policies).
Based on the opinion of our auditor and the audit reports of other auditors (please refer to the Other Matters section), the Parent Company Only financial statements mentioned above have been prepared in all material respects in accordance with the Regulations Governing the Preparation of Financial Reports by Securities Issuers. They are sufficient to express the financial position of Optimax Technology Corporation as of December 31, 2025, and December 31, 2024, as well as the financial performance and cash flows for the periods from January 1, 2025, to December 31, 2025, and from January 1, 2024, to December 31, 2024.
Basis for Opinion
We conducted our audit in accordance with the Regulations Governing Financial Statements Audit and Attestation Engagements of Certified Public Accountants and Auditing Standards. Our responsibility under those standards will be further described in the section titled "The Accountants' Responsibilities in Auditing the Parent Company Only Financial Statements." We have stayed independent from Optimax Technology Corporation as required by The Norm of Professional Ethics for Certified Public Accountant of the Republic of China, and we have fulfilled other responsibilities as stipulated by the Norm. Based on the audit results of our auditor and the audit reports of other auditors, we believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion
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Key Audit Matters
The key audit matters are those matters that, in the auditor's professional judgment, were of most significance in the audit of the Parent Company Only financial statements of Optimax Technology Corporation for the year ended December 31, 2024. These matters were addressed in the overall audit of the Parent Company Only financial statements and were considered in forming the audit opinion. The auditor does not provide a separate opinion on these matters.
Key Audit Matters for the Parent Company Only financial statements of Optimax Technology Corporation. for the year ended December 31, 2025, are as follows:
Inventory evaluation
For inventory accounting policies, please refer to Note 4 (5) of the individual financial report; for the uncertainty of accounting estimates and assumptions for inventory evaluation, please refer to Note 5 of the individual financial report; for descriptions of inventory accounting items, please refer to Note 6 (6) of the individual financial report.
The main business of Optimax Technology Corporation is the manufacturing and sales of polarizers. Since inventory is easily affected by the market demand of the products used and the yield rate of the production process, resulting in inventory depreciation or sluggish losses, inventory evaluation is listed as one of the key inspection items.
The accountant performs the following main audit procedures:
- Review the inventory age report and analyze the changes in inventory age in each period.
- Evaluate the rationality of accounting policies, such as policies on inventory depreciation or sluggish provision.
- Evaluate whether the inventory evaluation is in accordance with the company's established accounting policies.
- Obtain the inventory net realizable value statement at the end of the financial
reporting period, check the commodity selling price or purchase price and other data sources used for the net realizable value, and recalculate the accrued inventory allowance for depreciation losses to confirm that the implementation of such accounting estimates is consistent with its policies.
- Understand the inventory management process, review its annual inventory plan and participate in annual inventory inventory, and check inventory details to evaluate the effectiveness of management in distinguishing and controlling obsolete inventory.
Impairment assessment of property, plant and equipment
For the accounting policy of impairment of non-financial assets, please refer to Note 4 (10) of the individual financial report; for the uncertainty of accounting estimates and assumptions in the assessment of impairment of non-financial assets, please refer to Note 5 of the individual financial report; for descriptions of accounting items of real estate, plant and equipment, please refer to Note 6 (8) of the individual financial report.
Optimax Technology Corporation is a highly capitalized industry and is facing interference from many factors such as the economic environment and industry competition. As the assessment of impairment of real estate, plant and equipment requires processes such as forecasting and discounting future cash flows to estimate the recoverable amount, and this process is inherently highly uncertain, the assessment of impairment of real estate, plant and equipment is listed as one of the key audit items.
The accountant performs the following main audit procedures:
- Understand the relevant policies and procedures for impairment assessment, and evaluate the rationality of management's identification of possible impairments to cash-generating units.
- Regarding the recoverable amount of the independent valuation report issued by a third party appointed by Optimax Technology Corporation, review the rationality
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of the relevant assumptions and evaluate the qualifications and independence of the valuer.
Other matters
Included in the individual financial reports of the 2024 year of the Republic of China, the financial reports of related companies recognized using the equity method have not been reviewed by this accountant, but have been reviewed by other accountants. Therefore, the opinion expressed by this accountant on the above-mentioned individual financial report, regarding the amount listed in the financial report of the aforementioned related enterprise recognized using the equity method, is based on the audit report of other accountants. As of December 31, 2024, the balance of the above-mentioned investments using the equity method that had not been reviewed by the accountant was NT$36,000,000, accounting for 1% of the total assets; the share of the comprehensive profits and losses of associated enterprises recognized using the equity method in 2024 was NT$(71,663,000), accounting for (21)% of the total comprehensive profits and losses.
Responsibility of management and governance units for individual financial reporting
The responsibility of the management is to prepare individual financial reports that adequately express themselves in accordance with the financial reporting standards for securities issuers, and to maintain necessary internal controls related to the preparation of individual financial reports to ensure that individual financial reports do not contain material misrepresentations resulting from fraud or error.
When preparing individual financial reports, the management's responsibilities also include assessing the ability of Optimax Technology Corporation to continue operating, the disclosure of relevant matters, and the adoption of the going concern
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accounting basis, unless the management intends to liquidate Optimax Technology Corporation or cease operations, or there is no practical alternative to liquidation or suspension of operations.
The governance unit of Optimax Technology Corporation (including the audit committee) is responsible for supervising the financial reporting process.
Accountants' responsibilities for reviewing individual financial reports
The purpose of the accountant's review of individual financial reports is to obtain reasonable confidence as to whether there are any material misrepresentations resulting from fraud or error in the entire individual financial report, and to issue an review report. Reasonable certainty means a high degree of confidence, but there is no guarantee that the review work performed in accordance with auditing standards will be able to detect material misrepresentations in individual financial reports. Misrepresentation may result from fraud or error. Misrepresentation of individual amounts or aggregate amounts is considered material if it can reasonably be expected to affect the economic decisions of individual users of financial reports.
Our accountants use professional judgment and professional skepticism when conducting audits in accordance with auditing standards. The accountant also performs the following tasks:
-
Identify and assess the risk of material misrepresentation of individual financial reports due to fraud or error; design and implement appropriate countermeasures for the assessed risks; and obtain sufficient and appropriate audit evidence as the basis for audit opinions. Because fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls, the risk of not detecting a material misrepresentation resulting from fraud is higher than that resulting from error.
-
Obtain the necessary understanding of the internal controls related to the audit in order to design appropriate audit procedures under the circumstances, but the purpose is not to express an opinion on the effectiveness of the internal controls of Optimax Technology Corporation.
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-
Evaluate the appropriateness of the accounting policies adopted by the management and the reasonableness of the accounting estimates and related disclosures made.
-
Based on the audit evidence obtained, make a conclusion on the appropriateness of the management's adoption of the going concern accounting basis and whether there are significant uncertainties in events or circumstances that may cast significant doubt on Optimax Technology Corporation’s ability to continue operating. If the accountant believes that there are significant uncertainties in such events or circumstances, he must remind users of individual financial reports in the audit report to pay attention to the relevant disclosures in the individual financial reports, or revise the audit opinions when such disclosures are inappropriate. The accountant's conclusion is based on the audit evidence obtained as of the date of the audit report. However, future events or circumstances may cause Optimax Technology Corporation to no longer have the ability to continue operating.
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Evaluate the overall expression, structure and content of individual financial reports (including relevant notes), and whether individual financial reports appropriately express relevant transactions and events.
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Obtain sufficient and appropriate verification evidence for the financial information of the entities within Optimax Technology Corporation to express opinions on the individual financial reports. The accountant is responsible for the guidance, supervision and execution of audit cases, and is responsible for forming the audit opinions of Optimax Technology Corporation.
The matters that the accountant communicates with the governance unit include the planned scope and time of the audit, as well as significant audit findings (including significant deficiencies in internal control identified during the audit process).
The accountant also provides the governance unit with a statement that the personnel of the accounting firm that are subject to independence regulations have complied with the independence-related statements in the professional ethics for accountants, and communicates with the governance unit all relationships and other
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matters that may be considered to affect the accountant's independence (including relevant protective measures).
Based on the matters communicated with the management unit, the accountant decided on the key audit matters for the review of the individual financial report of Optimax Technology Corporation for the 2025 year of the Republic of China. The accountant will describe these matters in the audit report, unless the public disclosure of specific matters is prohibited by law, or in extremely rare circumstances, the accountant decides not to communicate specific matters in the audit report because the negative impact of such communication can reasonably be expected to outweigh the public interest that is enhanced.
BAKER TILLY CLOCK & CO.
Taiwan (Republic of China)
Accountant: Hsin-Liang Wu / Chia-Yu Lai
Approved audit number: FSC Securities No. 09600000880 and FSC Securities Review No. 1050043092.
March 16, 2026
OPTIMAX TECHNOLOGY CORPORATION
Parent Company Only Balance SheetsDecember 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)
| Assets | December 31, 2025 | December 31, 2024 | |||
|---|---|---|---|---|---|
| code | Items | Amount | % | Amount | % |
| 1100 | current assets | ||||
| 1136 | Cash and cash equivalents | $ 154,662 | 4 | $ 143,046 | 4 |
| 1170 | Financial assets measured at amortized cost – Current | 3,500 | — | 19,895 | — |
| 1200 | Accounts receivable | 596,749 | 16 | 715,379 | 17 |
| 130x | Other receivables | 89,177 | 2 | 173,322 | 4 |
| 1410 | Inventory | 496,776 | 13 | 603,022 | 15 |
| 1476 | Advance payment | 8,249 | — | 6,790 | — |
| 1470 | Other financial assets - current | 21,445 | 1 | 3,521 | — |
| 11xx | Other current assets | 1,133 | — | 1,312 | — |
| Total current assets | 1,371,691 | 36 | 1,666,287 | 40 | |
| non-current assets | |||||
| 1517 | Financial assets measured at fair value through other comprehensive profit or loss – non-current | 150,000 | 4 | — | — |
| 1550 | Investments using the equity method | 138,922 | 4 | 110,189 | 3 |
| 1600 | Property, Plant and Equipment | 1,397,852 | 36 | 1,491,235 | 36 |
| 1755 | right-of-use assets | 8,689 | — | 11,286 | — |
| 1760 | investment real estate | 671,650 | 18 | 622,523 | 15 |
| 1840 | Deferred tax assets | 92,475 | 2 | 116,121 | 3 |
| 1975 | Net defined benefit assets - non-current | 15,020 | — | 13,340 | — |
| 1900 | Other non-current assets | 7,875 | — | 128,306 | 3 |
| 15xx | Total non-current assets | 2,482,483 | 64 | 2,493,000 | 60 |
| 1xxx | Total assets | $ 3,854,174 | 100 | $ 4,159,287 | 100 |
(continued on next page)
OPTIMAX TECHNOLOGY CORPORATION
Parent Company Only Statements of Comprehensive Income
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars, Except for Earnings Per CommonShare)
| Liabilities and Equity | December 31, 2025 | December 31, 2024 | |||
|---|---|---|---|---|---|
| code | Items | Amount | % | Amount | % |
| 2100 | current liabilities | ||||
| 2170 | short term borrowing | $ 271,991 | 7 | $ 302,166 | 7 |
| 2200 | accounts payable | 38,515 | 1 | 33,653 | 1 |
| 2230 | Other payables | 145,249 | 4 | 165,082 | 4 |
| 2250 | Current income tax liability | 36,705 | 1 | 870 | — |
| 2280 | Liability Provision – Current | 17,346 | 1 | 16,565 | 1 |
| 2322 | Lease liability – current | 4,475 | — | 3,851 | — |
| 2365 | Long-term loans due within one year | 728,600 | 19 | 21,600 | 1 |
| 2300 | Reimbursement Liabilities – Current | 1,457 | — | 3,767 | — |
| 21xx | Other current liabilities | 8,104 | — | 15,848 | — |
| 2540 | Total current liabilities | 1,252,442 | 33 | 563,402 | 14 |
| 2570 | non-current liabilities | ||||
| 2580 | long term borrowing | 101,400 | 3 | 980,000 | 24 |
| 2645 | Deferred income tax liability | 4,805 | — | 8,394 | — |
| 25xx | Lease liability – non-current | 5,629 | — | 8,750 | — |
| 25xx | deposit deposit | 10,567 | — | 9,827 | — |
| 2110 | Total non-current liabilities | 122,401 | 3 | 1,006,971 | 24 |
| 3110 | total liabilities | 1,374,843 | 36 | 1,570,373 | 38 |
| 3310 | rights and interests | ||||
| 3320 | common stock capital | 1,670,000 | 43 | 1,690,000 | 41 |
| 3350 | retained earnings | ||||
| 3400 | Statutory surplus reserve | 131,249 | 3 | 101,883 | 2 |
| 3500 | special surplus reserve | 2,376 | — | 29,948 | 1 |
| 35xx | undistributed earnings | 688,669 | 18 | 811,058 | 19 |
| Other rights and interests | 28,636 | 1 | (2,376) | — | |
| treasury stocks | (41,599) | (1) | (41,599) | (1) | |
| Total equity | 2,479,331 | 64 | 2,588,914 | 62 | |
| Total liabilities and equity | $ 3,854,174 | 100 | $ 4,159,287 | 100 |
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OPTIMAX TECHNOLOGY CORPORATION
Parent Company Only Statements of Comprehensive Income
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars, Except for Earnings Per CommonShare)
| Code | Items | 2025 years | 2024 years | ||
|---|---|---|---|---|---|
| Amount | % | Amount | % | ||
| 4000 | operating income | $ 1,875,460 | 100 | $ 1,887,383 | 100 |
| 5000 | operating costs | (1,268,350) | (68) | (1,193,692) | (63) |
| 5900 | Operating profit | 607,110 | 32 | 693,691 | 37 |
| 6000 | operating expenses | ||||
| 6100 | Promotional expenses | (154,566) | (8) | (135,661) | (7) |
| 6200 | overhead | (150,696) | (8) | (140,206) | (8) |
| 6300 | research and development expenses | (46,080) | (2) | (42,308) | (2) |
| 6450 | Expected credit impairment benefit (loss) | 10,081 | 1 | (4,089) | — |
| Total operating expenses | (341,261) | (17) | (322,264) | (17) | |
| 6900 | operating profit | 265,849 | 15 | 371,427 | 20 |
| 7000 | Non-operating income and expenses | ||||
| 7100 | interest income | 1,543 | — | 3,257 | — |
| 7010 | other income | 51,579 | 3 | 46,922 | 3 |
| 7020 | Other profits and losses | (47,549) | (3) | 50,328 | 3 |
| 7050 | financial cost | (29,343) | (2) | (30,554) | (2) |
| 7055 | Expected credit impairment benefit | 477 | — | 513 | — |
| Share of profits and losses of subsidiaries and affiliated enterprises recognized using the equity method | (19,147) | (1) | (67,823) | (4) | |
| 7070 | Total non-operating income and expenses | (42,440) | (3) | 2,643 | — |
| 7900 | Net profit before tax | 223,409 | 12 | 374,070 | 20 |
| 7950 | income tax expense | (55,481) | (3) | (36,800) | (2) |
| 8200 | Net profit for this period | 167,928 | 9 | 337,270 | 18 |
| 8300 | Other comprehensive gains and losses | ||||
| 8310 | Items not reclassified to profit or loss | ||||
| 8311 | Remeasurement numbers for defined benefit plans | 1,530 | — | 5,002 | — |
| At fair value through other comprehensive profit or loss | |||||
| 8316 | Unrealized evaluation of measured equity instrument investments | 33,288 | 2 | — | — |
| Price profit and loss | |||||
| Unrealized valuation gains and losses on equity instrument investments measured at fair value through other comprehensive gains and losses for subsidiaries recognized using the equity method | (5,537) | — | — | — | |
| 8336 | |||||
| 8360 | Items that may be subsequently reclassified to profit or loss | ||||
| 8361 | Conversion of financial statements of foreign operating institutions exchange difference | 3,484 | — | 1,349 | — |
| 8399 | Relevant to items that may be reclassified income tax | (223) | — | — | — |
| Other comprehensive gains and losses for the period (net after tax) | 32,542 | 2 | 6,351 | — | |
| 8500 | Total comprehensive profit and loss for the period | $ 200,470 | 11 | $ 343,621 | 18 |
| Earnings per share (yuan) | |||||
| 9750 | basic | $ 1.01 | $ 2.01 | ||
| 9850 | dilute | $ 1.01 | $ 2.01 |
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OPTIMAX TECHNOLOGY CORPORATION
Parent Company Only Statements of Changes in Equity For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)
| Items | Common stock | Retained earnings | Other equity items | Treasury stocks | Total equity | |||
|---|---|---|---|---|---|---|---|---|
| Statutory surplus reserve | Special surplus reserve | Undistributed earnings | Foreign Currency translation differences | Unrealized gains(losses) from financial assets at fair value through other comprehensive income | ||||
| Balance as of January 1, 2024 | $ 1,700,000 | $ 81,278 | $ 35,651 | $ 700,304 | $ (3,719) | $ (26,229) | $ (41,599) | $ 2,445,686 |
| Earnings allocation and distribution: | ||||||||
| Set aside statutory surplus reserve | — | 20,605 | — | (20,605) | — | — | — | — |
| Special surplus reserve reversal | — | — | (5,703) | 5,703 | — | — | — | — |
| Common stock cash dividends | — | — | — | (168,000) | — | — | — | (168,000) |
| Net profit for this period | — | — | — | 337,270 | — | — | — | 337,270 |
| Other comprehensive gains and losses for the period | — | — | — | 5,002 | 1,349 | — | — | 6,351 |
| Total comprehensive profit and loss for the period | — | — | — | 342,272 | 1,349 | — | — | 343,621 |
| Disposal of equity instruments measured at fair value through other comprehensive profit or loss | — | — | — | (26,223) | — | 26,223 | — | — |
| Treasury stock buyback | — | — | — | — | — | — | (32,393) | (32,393) |
| Cancellation of treasury shares | (10,000) | — | — | (22,393) | — | — | 32,393 | — |
| Balance as of December 31, 2024 | $ 1,690,000 | $ 101,883 | $ 29,948 | $ 811,058 | $ (2,370) | $ (6) | $ (41,599) | $ 2,588,914 |
| Balance as of January 1, 2025 | $ 1,690,000 | $ 101,883 | $ 29,948 | $ 811,058 | $ (2,370) | $ (6) | $ (41,599) | $ 2,588,914 |
| Earnings allocation and distribution: | ||||||||
| Set aside statutory surplus reserve | — | 29,366 | — | (29,366) | — | — | — | — |
| Special surplus reserve reversal | — | — | (27,572) | 27,572 | — | — | — | — |
| Common stock cash dividends | — | — | — | (250,500) | — | — | — | (250,500) |
| Net profit for this period | — | — | — | 167,928 | — | — | — | 167,928 |
| Other comprehensive gains and losses for the period | — | — | — | 1,530 | 3,261 | 27,751 | — | 32,542 |
| Total comprehensive profit and loss for the period | — | — | — | 169,458 | 3,261 | 27,751 | — | 200,470 |
| Treasury stock buyback | — | — | — | — | — | — | (59,553) | (59,553) |
| Cancellation of treasury shares | (20,000) | — | — | (39,553) | — | — | 59,553 | — |
| Balance as of December 31, 2025 | $ 1,670,000 | $ 131,249 | $ 2,376 | $ 688,669 | $ 891 | $ 27,745 | $ (41,599) | $ 2,479,331 |
19
20
OPTIMAX TECHNOLOGY CORPORATION
Parent Company Only Statements of Cash Flows
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)
| Items | 2025 years | 2024 years |
|---|---|---|
| Cash flow from operating activities: | ||
| Net profit before tax for the current period | $ 223,409 | $ 374,070 |
| Adjustment items: | ||
| Income and expense items | ||
| depreciation expense | 64,031 | 63,638 |
| Amortization expense | 647 | 49 |
| Expected credit impairment (profit) losses | (10,558) | 3,576 |
| interest expense | 29,343 | 30,554 |
| interest income | (1,543) | (3,257) |
| Share of profits and losses of subsidiaries and affiliated enterprises recognized using the equity method | 19,147 | 67,823 |
| Disposal of losses to real property, plant and equipment | 12,993 | 12,053 |
| Disposal of losses on investment real estate | 32 | 20 |
| Non-financial asset impairment reversal benefits | (6,777) | (4,332) |
| Unrealized foreign currency exchange losses (gains) | 19,207 | (56,803) |
| Prepaid equipment payment transferred to expenses | 3 | — |
| Changes in assets/liabilities related to operating activities | ||
| Accounts receivable | 122,071 | (133,777) |
| Other receivables | 27,234 | 1,259 |
| Inventory | 106,246 | 83,932 |
| advance payment | (1,459) | 4,601 |
| Other current assets | 179 | 110 |
| net defined benefit assets | (150) | (1,910) |
| accounts payable | 4,266 | 2,256 |
| Other payables | (17,927) | 11,269 |
| Other current liabilities | (9,273) | 2,349 |
| Cash inflow from operations | 581,121 | 457,480 |
| interest charged | 1,739 | 3,134 |
| Interest paid | (29,556) | (30,947) |
| Refund (payment) of income tax | 188 | (13,023) |
| Net cash inflow from operating activities | 553,492 | 416,644 |
(continued on next page)
OPTIMAX TECHNOLOGY CORPORATION
Parent Company Only Statements of Cash Flows
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars) (continued)
| Items | 2025 years | 2024 years |
|---|---|---|
| Cash flows from investing activities: | ||
| Acquiring financial assets measured at amortized cost | $ — | $ (16,395) |
| Disposal of financial assets measured at amortized cost | 16,395 | — |
| Increase in prepaid investment | — | (120,000) |
| Acquisition of property, plant and equipment | (22,331) | (14,066) |
| Disposal of property, plant and equipment | 8 | 714 |
| Acquire investment real estate | — | (50,546) |
| Other financial assets (increase) decrease | (17,924) | 79,411 |
| Increase in other non-current assets | (1,148) | (1,322) |
| Net cash outflow from investing activities | (25,000) | (122,204) |
| Cash flow from financing activities: | ||
| Short-term borrowings (decrease) increase | (30,815) | 107,229 |
| long-term borrowing | — | 270,000 |
| repay long-term borrowings | (171,600) | (478,400) |
| Deposit margin increase | 740 | 1,395 |
| Pay cash dividends | (250,500) | (168,000) |
| Lease principal repayment | (4,165) | (3,651) |
| Treasury stock buyback cost | (59,553) | (32,393) |
| Net cash outflow from financing activities | (515,893) | (303,820) |
| The impact of exchange rate changes on cash and cash equivalents | (983) | 7,511 |
| Increase (decrease) in cash and cash equivalents during the period | 11,616 | (1,869) |
| Opening cash and cash equivalent balances | 143,046 | 144,915 |
| Closing cash and equivalent cash balances | $ 154,662 | $ 143,046 |
Chairman: Peter ChaoPresident: Wilson Chao Accounting Officer: Michael Chen
Independent Auditors' Report
NO.18231140CA
To Optimax Technology Corporation
Opinion
The consolidated balance sheets of Optimax Technology Corporation and its subsidiaries as of December 31, 2025 and 2024, as well as the consolidated comprehensive income statement, consolidated statement of changes in equity, consolidated cash flow statement, and notes to the consolidated financial report (including a summary of significant accounting policies) from January 1 to December 31, 2025 and 2024, have been reviewed by our accountants.
In the opinion of this accountant, based on the audit results of this accountant and the audit reports of other accountants (please refer to the other matters paragraph), the consolidated financial report of Shangkai is in all material respects in accordance with the financial reporting standards of securities issuers and the International Financial Reporting Standards approved and issued by the Financial Supervisory Commission. The preparation of international accounting standards, interpretations and interpretation announcements is sufficient to adequately express the consolidated financial position of Optimax Technology Corporation and its subsidiaries as of December 31, 2025 and 2024, as well as the consolidated financial performance and consolidated cash flow from January 1 to December 31, 2025 and 2024.
Basis for checking opinions
This accountant performs the audit work in accordance with the rules and auditing standards for auditing financial statements entrusted by accountants. The accountant's responsibilities under these standards are further described in the Accountant's Responsibilities for Review of Consolidated Financial Reports section. The personnel of the accounting firm affiliated to the accounting firm who are subject to independence regulations have maintained detachment from Optimax Technology Corporation and its subsidiaries in accordance with the professional ethics of accountants, and have performed other responsibilities under the regulations. Based on the audit results of the accountant and the audit reports of
other accountants, the accountant believes that sufficient and appropriate audit evidence has been obtained as the basis for expressing the audit opinion.
Key things to check
The key audit matters refer to the most important matters in the audit of the consolidated financial report of Optimax Technology Corporation and its subsidiaries for the year 2025 based on the professional judgment of this accountant. These matters have been addressed in the process of reviewing the consolidated financial report as a whole and forming an audit opinion. The accountant does not express an independent opinion on these matters.
The key review matters of the consolidated financial report of Optimax Technology Corporation and its subsidiaries in 2025 are as follows:
Inventory evaluation
Please refer to Note 4(6) of the consolidated financial report for the accounting policies of inventories; please refer to Note 5 of the consolidated financial report for the uncertainty of accounting estimates and assumptions for inventory evaluation; please refer to Note 6(6) of the consolidated financial report for descriptions of inventory accounting items.
The main business items of Optimax Technology Corporation and its subsidiaries are the manufacturing and sales of polarizers. Since inventory is easily affected by the market demand of the products used and the yield rate of the production process, resulting in inventory depreciation or sluggish losses, inventory evaluation is listed as one of the key inspection items.
The accountant performs the following main audit procedures:
- Review the inventory age report and analyze the changes in inventory age in each period.
- Evaluate the rationality of accounting policies, such as policies on inventory depreciation or sluggish provision.
- Evaluate whether the inventory evaluation is in accordance with the company's established accounting policies.
- Obtain the inventory net realizable value statement at the end of the financial reporting period, check the commodity selling price or purchase price and other
23
data sources used for the net realizable value, and recalculate the accrued inventory allowance for depreciation losses to confirm that the implementation of such accounting estimates is consistent with its policies.
- Understand the inventory management process, review its annual inventory plan and participate in annual inventory inventory, and check inventory details to evaluate the effectiveness of management in distinguishing and controlling obsolete inventory.
Impairment assessment of property, plant and equipment
Please refer to Note 4 (11) of the consolidated financial report for accounting policies on impairment of non-financial assets; please refer to Note 5 of the consolidated financial report for the uncertainty of accounting estimates and assumptions for the assessment of impairment of non-financial assets; please refer to Note 6 (8) of the consolidated financial report for descriptions of accounting items of real estate, plant and equipment.
Optimax Technology Corporation and its subsidiaries are highly capitalized industries and are facing interference from many factors such as the economic environment and industry competition. Because assessing the impairment of real estate, plant and equipment requires processes such as forecasting and discounting future cash flows to estimate the recoverable amount, and this process is inherently highly uncertain, the assessment of impairment of real estate, plant and equipment is listed as one of the key audit items.
The accountant performs the following main audit procedures:
- Understand the relevant policies and procedures for impairment assessment, and evaluate the rationality of management's identification of possible impairments to cash-generating units.
- Regarding the recoverable amount of the independent valuation report issued by a third party appointed by Optimax Technology Corporation and its subsidiaries, review the rationality of the relevant assumptions and evaluate the qualifications and independence of the valuer.
Other matters
24
The financial reports of related enterprises recognized using the equity method were not reviewed by this accountant but were reviewed by other accountants. Therefore, the opinions expressed by our accountants on the consolidated financial report above are based on the audit reports of other accountants regarding the amounts listed in the financial reports of the aforementioned related enterprises recognized using the equity method. As of December 31, 2024, the balance of the above-mentioned investments using the equity method that had not been reviewed by the accountant was NT$36,000,000, accounting for 1% of the total assets; the share of the comprehensive profits and losses of associated enterprises recognized using the equity method in 2024 was NT$71,663,000, accounting for (21)% of the total comprehensive profits and losses.
Optimax Technology Corporation has prepared individual financial reports for the 2025 and 2024 years of the Republic of China, and the audit report with unqualified opinions and other matters paragraphs issued by our accountants has been recorded for reference.
Responsibility of management and governance entities for consolidated financial reporting
The responsibility of management is to prepare consolidated financial reports that represent fair statements in accordance with the financial reporting standards for securities issuers and the International Financial Reporting Standards, International Accounting Standards, Interpretations and Interpretations that have been approved and issued by the Financial Supervisory Commission and are effective, and to maintain necessary internal controls related to the preparation of consolidated financial reports to ensure that the consolidated financial reports do not contain material misrepresentations resulting from fraud or error.
When preparing consolidated financial reports, the management's responsibilities also include assessing the ability of Optimax Technology Corporation and its subsidiaries to continue operating, the disclosure of relevant matters, and the adoption of the going concern accounting basis, unless the management intends to
25
liquidate Optimax Technology Corporation and its subsidiaries or cease operations, or there is no practical alternative to liquidation or suspension of operations.
The governance units (including the audit committee) of Optimax Technology Corporation and its subsidiaries are responsible for supervising the financial reporting process.
Accountants' responsibilities for reviewing consolidated financial reports
The purpose of the accountant's audit of the consolidated financial report is to obtain reasonable confidence as to whether there are any material misrepresentations resulting from fraud or error in the consolidated financial report as a whole, and to issue an audit report. Reasonable certainty means a high degree of confidence, but there is no guarantee that the audit performed in accordance with auditing standards will detect material misrepresentations in the consolidated financial report. Misrepresentation may result from fraud or error. Misrepresentations of individual amounts or aggregate amounts are considered material if they can reasonably be expected to affect the economic decisions of users of consolidated financial statements.
Our accountants use professional judgment and professional skepticism when conducting audits in accordance with auditing standards. The accountant also performs the following tasks:
-
Identify and assess the risk of material misrepresentation of the consolidated financial report due to fraud or error; design and implement appropriate countermeasures for the assessed risks; and obtain sufficient and appropriate audit evidence as the basis for the audit opinion. Because fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls, the risk of not detecting a material misrepresentation resulting from fraud is higher than that resulting from error.
-
Obtain the necessary understanding of the internal controls related to the audit in order to design appropriate audit procedures under the circumstances, but the purpose is not to express opinions on the effectiveness of the internal controls of Optimax Technology Corporation and its subsidiaries.
26
-
Evaluate the appropriateness of the accounting policies adopted by the management and the reasonableness of the accounting estimates and related disclosures made.
-
Based on the audit evidence obtained, make a conclusion on the appropriateness of the management's adoption of the going concern accounting basis and whether there are significant uncertainties in events or circumstances that may cast significant doubt on the ability of Optimax Technology Corporation and its subsidiaries to continue operating. If the accountant believes that there are significant uncertainties in such events or circumstances, the auditor must remind users of the consolidated financial reports in the audit report to pay attention to the relevant disclosures in the consolidated financial reports, or revise the audit opinions when such disclosures are inappropriate. The accountant's conclusion is based on the audit evidence obtained as of the date of the audit report. However, future events or circumstances may cause Optimax Technology Corporation and its subsidiaries to no longer have the ability to continue operating.
-
Evaluate the overall presentation, structure and content of the consolidated financial report (including relevant notes), and whether the consolidated financial report appropriately expresses relevant transactions and events.
-
Obtain sufficient and appropriate verification evidence for the financial information of the entities within the group to express an opinion on the consolidated financial report. The accountant is responsible for the guidance, supervision and execution of group audit cases, and is responsible for forming group audit opinions.
The matters that the accountant communicates with the governance unit include the planned scope and time of the audit, as well as significant audit findings (including significant deficiencies in internal control identified during the audit process).
The accountant also provides the governance unit with a statement that the personnel of the accounting firm that are subject to independence regulations have complied with the independence-related statements in the professional ethics for accountants, and communicates with the governance unit all relationships and other matters that may be considered to affect the accountant's independence (including
27
relevant protective measures).
Based on the matters communicated with the governance unit, the accountant decided on the key audit matters for the review of the consolidated financial report of Optimax Technology Corporation and its subsidiaries in 2025. The accountant will describe these matters in the audit report, unless the public disclosure of specific matters is prohibited by law, or in extremely rare circumstances, the accountant decides not to communicate specific matters in the audit report because the negative impact of such communication can reasonably be expected to outweigh the public interest that is enhanced.
BAKER TILLY CLOCK & CO.
Taiwan (Republic of China)
Accountant: Hsin-Liang Wu / Chia-Yu Lai
Approved audit number: FSC Securities No. 09600000880 and FSC Securities Review No. 1050043092.
March 16, 2026
28
OPTIMAXTECHNOLOGY CORPORATION AND SUBSIDIARIES
Consolidated Balance Sheets December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)
| Assets | December 31,2025 | December 31, 2024 | |||
|---|---|---|---|---|---|
| Code | Items | Amount | % | Amount | % |
| 1100 | current assets | ||||
| 1100 | Cash and cash equivalents | $ 159,062 | 4 | $ 148,275 | 3 |
| 1136 | Financial assets measured at amortized cost – current | 66,029 | 2 | 116,959 | 3 |
| 1170 | Accounts receivable | 596,749 | 15 | 715,379 | 17 |
| 1200 | Other receivables | 12,349 | — | 26,242 | 1 |
| 130x | Inventory | 496,776 | 13 | 603,022 | 14 |
| 1410 | Advance payment | 8,534 | — | 7,157 | — |
| 1476 | Other financial assets - current | 21,445 | 1 | 3,521 | — |
| 1470 | Other current assets | 1,133 | — | 1,312 | — |
| 11xx | Total current assets | 1,362,077 | 35 | 1,621,867 | 38 |
| non-current assets | |||||
| 1517 | Financial assets measured at fair value through other comprehensive profit or loss – non-current | 170,713 | 4 | — | — |
| 1550 | Investments using the equity method | 4,589 | — | 36,000 | 1 |
| 1600 | Property, Plant and Equipment | 1,402,276 | 36 | 1,495,759 | 35 |
| 1755 | right-of-use assets | 8,689 | — | 11,286 | — |
| 1760 | investment real estate | 864,303 | 22 | 827,225 | 19 |
| 1840 | Deferred tax assets | 92,475 | 2 | 116,121 | 3 |
| 1975 | Net defined benefit assets - non-current | 15,020 | 1 | 13,340 | 1 |
| 1900 | Other non-current assets | 7,890 | — | 128,321 | 3 |
| 15xx | Total non-current assets | 2,565,955 | 65 | 2,628,052 | 62 |
| 1xxx | Total assets | $ 3,928,032 | 100 | $ 4,249,919 | 100 |
(continued on next page)
OPTIMAXTECHNOLOGY CORPORATION AND SUBSIDIARIES
Consolidated Balance Sheets December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars) (continued)
| Liabilities and Equity | December 31, 2025 | December 31, 2024 | |||
|---|---|---|---|---|---|
| Code | Items | Amount | % | Amount | % |
| current liabilities | |||||
| 2100 | short term borrowing | $ 271,991 | 7 | $ 302,166 | 7 |
| 2170 | accounts payable | 41,504 | 1 | 33,652 | 1 |
| 2200 | Other payables | 147,158 | 4 | 166,689 | 4 |
| 2230 | Current income tax liability | 36,705 | 1 | 870 | — |
| 2250 | Liability Provision – Current | 17,346 | — | 16,565 | — |
| 2280 | Lease liability – current | 4,475 | — | 3,851 | — |
| 2322 | Long-term loans due within one year | 728,600 | 19 | 21,600 | 1 |
| 2365 | Reimbursement Liabilities – Current | 1,457 | — | 3,767 | — |
| 2300 | Other current liabilities | 8,104 | — | 15,849 | — |
| 21xx | Total current liabilities | 1,257,340 | 32 | 565,009 | 13 |
| non-current liabilities | |||||
| 2540 | long term borrowing | 101,400 | 3 | 980,000 | 23 |
| 2570 | Deferred income tax liability | 4,805 | — | 8,394 | — |
| 2580 | Lease liability – non-current | 5,629 | — | 8,750 | — |
| 2600 | Other non-current liabilities | 79,527 | 2 | 98,852 | 3 |
| 25xx | Total non-current liabilities | 191,361 | 5 | 1,095,996 | 26 |
| 2xxx | total liabilities | 1,448,701 | 37 | 1,661,005 | 39 |
| rights and interests | |||||
| 3110 | common stock capital | 1,670,000 | 43 | 1,690,000 | 40 |
| retained earnings | |||||
| 3310 | Statutory surplus reserve | 131,249 | 3 | 101,883 | 2 |
| 3320 | special surplus reserve | 2,376 | — | 29,948 | 1 |
| 3350 | undistributed earnings | 688,669 | 17 | 811,058 | 19 |
| 3400 | Other rights and interests | 28,636 | 1 | (2,376) | — |
| 3500 | treasury stocks | (41,599) | (1) | (41,599) | (1) |
| 31xx | Total equity attributable to owners of the parent company | 2,479,331 | 63 | 2,588,914 | 61 |
| 3xxx | Total equity | 2,479,331 | 63 | 2,588,914 | 61 |
| Total liabilities and equity | $ 3,928,032 | 100 | $ 4,249,919 | 100 |
30
OPTIMAXTECHNOLOGY CORPORATIONAND SUBSIDIARIES
Consolidated Statements of Comprehensive Income
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars, Except for Earnings Per Common share)
| Code | Items | 2025 years | 2024 years | ||
|---|---|---|---|---|---|
| Amount | % | Amount | % | ||
| 4000 | operating income | $ 1,875,460 | 100 | $ 1,887,383 | 100 |
| 5000 | operating costs | (1,268,354) | (68) | (1,193,695) | (63) |
| 5900 | Operating profit | 607,106 | 32 | 693,688 | 37 |
| 6000 | operating expenses | ||||
| 6100 | Promotional expenses | (145,948) | (8) | (146,019) | (8) |
| 6200 | overhead | (159,923) | (9) | (148,570) | (8) |
| 6300 | research and development expenses | (46,082) | (2) | (42,308) | (2) |
| 6450 | Expected credit impairment benefit (loss) | 10,081 | 1 | (4,089) | — |
| Total operating expenses | (341,872) | (18) | (340,986) | (18) | |
| 6900 | operating profit | 265,234 | 14 | 352,702 | 19 |
| 7000 | Non-operating income and expenses | ||||
| 7100 | interest income | 2,575 | — | 3,883 | — |
| 7010 | other income | 62,012 | 4 | 71,911 | 5 |
| 7020 | Other profits and losses | (49,924) | (3) | 44,458 | 2 |
| 7050 | financial cost | (29,343) | (2) | (30,554) | (2) |
| 7055 | Expected credit impairment benefit | 9,493 | 1 | 513 | — |
| 7060 | Share of profits and losses of associated enterprises recognized using the equity method | (34,699) | (2) | (68,843) | (4) |
| Total non-operating income and expenses | (39,886) | (2) | 21,368 | 1 | |
| 7900 | Net profit before tax | 225,348 | 12 | 374,070 | 20 |
| 7950 | income tax expense | (57,420) | (3) | (36,800) | (2) |
| 8200 | Net profit for this period | 167,928 | 9 | 337,270 | 18 |
| 8300 | Other comprehensive gains and losses | ||||
| 8310 | Items not reclassified to profit or loss | ||||
| 8311 | Remeasurement numbers for defined benefit plans | 1,530 | — | 5,002 | — |
| At fair value through other comprehensive profit or loss | |||||
| 8316 | Unrealized evaluation of measured equity instrument investments | 33,288 | 2 | — | — |
| Price profit and loss | |||||
| How to recognize subsidiaries using the equity method | |||||
| 8336 | Other comprehensive gains and losses are measured at fair value | (5,537) | — | — | — |
| Unrealized gains and losses on equity instruments | |||||
| 8360 | Items that may be subsequently reclassified to profit or loss | ||||
| 8361 | Conversion of financial statements of foreign operating institutions exchange difference | 3,484 | — | 1,349 | — |
| Relates to items that may be reclassified to profit or loss | (223) | — | — | — | |
| income tax | |||||
| Other comprehensive gains and losses for the period (net after tax) | 32,542 | 2 | 6,351 | — | |
| 8500 | Total comprehensive profit and loss for the period | $ 200,470 | 11 | $ 343,621 | 18 |
| 8600 | Net profit is attributed to: | ||||
| 8610 | parent company owner | $ 167,928 | 9 | $ 337,270 | 18 |
| 8700 | Total comprehensive profit and loss is attributable to: | ||||
| 8710 | parent company owner | $ 200,470 | 11 | $ 343,621 | 18 |
| Earnings per share (yuan) | |||||
| 9750 | basic | $ 1.01 | $ 2.01 | ||
| 9850 | dilute | $ 1.01 | $ 2.01 |
31
OPTIMAXTECHNOLOGY CORPORATIONAND SUBSIDIARIES
Consolidated Statements of Changes in Equity For the years ended December 31, 2025 and 2024
| Items | Equity attributable to the owners of the parent company | Total equity | ||||||
|---|---|---|---|---|---|---|---|---|
| Common stock | retained earnings | Other equity items | Treasury stocks | |||||
| Statutory surplus reserve | Special surplus reserve | Undistributed earnings | Foreign operating organizations Financial statement conversion exchange difference | Unrealized valuation (gains) and losses on financial assets measured at fair value through other comprehensive gains and losses | ||||
| Balance as of January 1, 2024 | $ 1,700,000 | $ 81,278 | $ 35,651 | $ 700,304 | $ (3,719) | $ (26,229) | $ (41,599) | $ 2,445,686 |
| Earnings allocation and distribution: | ||||||||
| Set aside statutory surplus reserve | — | 20,605 | — | (20,605) | — | — | — | — |
| Special surplus reserve reversal | — | — | (5,703) | 5,703 | — | — | — | — |
| Common stock cash dividends | — | — | — | (168,000) | — | — | — | (168,000) |
| Net profit for this period | — | — | — | 337,270 | — | — | — | 337,270 |
| Other comprehensive gains and losses for the period | — | — | — | 5,002 | 1,349 | — | — | 6,351 |
| Total comprehensive profit and loss for the period | — | — | — | 342,272 | 1,349 | — | — | 343,621 |
| Disposal of equity instruments measured at fair value through other comprehensive profit or loss | — | — | — | (26,223) | — | 26,223 | — | — |
| Treasury stock buyback | — | — | — | — | — | — | (32,393) | (32,393) |
| Cancellation of treasury shares | (10,000) | — | — | (22,393) | — | — | 32,393 | — |
| Balance as of December 31, 2024 | $ 1,690,000 | $ 101,883 | $ 29,948 | $ 811,058 | $ (2,370) | $ (6) | $ (41,599) | $ 2,588,914 |
| Balance as of January 1, 2025 | $ 1,690,000 | $ 101,883 | $ 29,948 | $ 811,058 | $ (2,370) | $ (6) | $ (41,599) | $ 2,588,914 |
| Earnings allocation and distribution: | ||||||||
| Set aside statutory surplus reserve | — | 29,366 | — | (29,366) | — | — | — | — |
| Special surplus reserve reversal | — | — | (27,572) | 27,572 | — | — | — | — |
| Common stock cash dividends | — | — | — | (250,500) | — | — | — | (250,500) |
| Net profit for this period | — | — | — | 167,928 | — | — | — | 167,928 |
| Other comprehensive gains and losses for the period | — | — | — | 1,530 | 3,261 | 27,751 | — | 32,542 |
| Total comprehensive profit and loss for the period | — | — | — | 169,458 | 3,261 | 27,751 | — | 200,470 |
| Treasury stock buyback | — | — | — | — | — | — | (59,553) | (59,553) |
| Cancellation of treasury shares | (20,000) | — | — | (39,553) | — | — | 59,553 | — |
| Balance as of December 31, 2025 | $ 1,670,000 | $ 131,249 | $ 2,376 | $ 688,669 | $ 891 | $ 27,745 | $ (41,599) | $ 2,479,331 |
OPTIMAXTECHNOLOGY CORPORATIONAND SUBSIDIARIES
Consolidated Statements of Cash Flows
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars)
| Items | 2025 years | 2024 years |
|---|---|---|
| Cash flow from operating activities: | ||
| Net profit before tax for the current period | $ 225,348 | $ 374,070 |
| Adjustment items: | ||
| Income and expense items | ||
| depreciation expense | 76,895 | 76,535 |
| Amortization expense | 647 | 49 |
| Expected credit impairment (profit) losses | (19,574) | 3,576 |
| interest expense | 29,343 | 30,554 |
| dividend income | (504) | — |
| interest income | (2,575) | (3,883) |
| Share of profits and losses of associated enterprises recognized using the equity method | 34,699 | 68,843 |
| Disposal of losses to real property, plant and equipment | 19,503 | 12,053 |
| Disposal of losses on investment real estate | 32 | 20 |
| Non-financial asset impairment reversal benefits | (6,777) | (4,332) |
| Unrealized foreign currency exchange losses (gains) | 9,262 | (47,033) |
| Deferred revenue transferred to revenue | (2,620) | (2,693) |
| Changes in assets/liabilities related to operating activities | ||
| Accounts receivable | 122,071 | (133,777) |
| Other receivables | 14,559 | 3,113 |
| Inventory | 106,246 | 83,932 |
| advance payment | (1,373) | 4,583 |
| Other current assets | 179 | 110 |
| net defined benefit assets | (150) | (1,910) |
| accounts payable | 7,256 | (1,230) |
| Other payables | (17,625) | 11,260 |
| Other current liabilities | (9,274) | 2,350 |
| Cash inflow from operations | 585,568 | 476,190 |
| interest charged | 2,771 | 3,760 |
| Interest paid | (29,556) | (30,947) |
| income tax paid | (1,751) | (13,023) |
| Net cash inflow from operating activities | 557,032 | 435,980 |
(continued on next page)
OPTIMAXTECHNOLOGY CORPORATIONAND SUBSIDIARIES
Consolidated Statements of Cash Flows
For the years ended December 31, 2025 and 2024
(Expressed in Thousands of New Taiwan Dollars) (continued)
| Items | 2025 years | 2024 years |
|---|---|---|
| Cash flows from investing activities: | ||
| Acquisitions are measured at fair value through other comprehensive profit or loss | ||
| amount of financial assets | $ (26,459) | $ — |
| Acquiring financial assets measured at amortized cost | — | (89,997) |
| Disposal of financial assets measured at amortized cost | 51,320 | — |
| Increase in prepaid investment | — | (120,000) |
| Acquisition of property, plant and equipment | (22,359) | (14,066) |
| Disposal of property, plant and equipment | 1,201 | 714 |
| Acquire investment real estate | — | (50,546) |
| Dividends received | 504 | — |
| Other financial assets (increase) decrease | (17,924) | 79,411 |
| Increase in other non-current assets | (1,148) | (1,322) |
| Net cash outflow from investing activities | (14,865) | (195,806) |
| Cash flow from financing activities: | ||
| Short-term borrowings (decrease) increase | (30,815) | 107,229 |
| long-term borrowing | — | 270,000 |
| repay long-term borrowings | (171,600) | (478,400) |
| Deposit margin increase | 740 | 61,676 |
| Margin deposit reduced | (17,704) | — |
| Pay cash dividends | (250,500) | (168,000) |
| Lease principal repayment | (4,165) | (3,651) |
| Treasury stock buyback cost | (59,553) | (32,393) |
| Net cash outflow from financing activities | (533,597) | (243,539) |
| The impact of exchange rate changes on cash and cash equivalents | 2,217 | 1,032 |
| Increase (decrease) in cash and cash equivalents during the period | 10,787 | (2,333) |
| Opening cash and cash equivalent balances | 148,275 | 150,608 |
| Closing cash and equivalent cash balances | $ 159,062 | $ 148,275 |
Chairman: Peter Chao President: Wilson Chao Accounting Officer: Michael Chen
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{Appendix 1}
OPTIMAX TECHNOLOGY CORPORATION
Rules and Procedures for Shareholders' Meeting
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Except otherwise provided in the applicable laws and regulations, the Shareholders' Meeting of the Company should be subject to the rules stipulated hereby.
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The Company should have an attendance book in place for shareholders to sign in person; attended shareholders can hand in a card with their names on it for the same purpose. Shares represented by a shareholder will be decided according to the attendance book or the signature card the shareholder hands in, along with the number of shares granting the right to vote in written or electronic forms.
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The attendance and voting taking place in the Shareholders' Meeting should be calculated on the base of the number of shares the shareholder possesses.
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The venue of the Shareholders' Meeting should be in the Company or places with good transportation for shareholders to attend the meeting. The venue of the meeting should be appropriate for the convening of such meeting. The meeting should not start earlier than 9 AM or later than 3 PM.
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The Company can appoint its own attorneys, accountants, or other relevant staff to attend the Shareholders' Meeting. The staff of the Shareholders' Meeting should wear identification cards.
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The chairman should announce the commencement of the meeting at the scheduled time; however, if the present shareholders altogether does not constitute half of the total number of the Company's issued stocks, the chairman may postpone the meeting. The number of postponements should be no more than two times and the total time of postponement should be less than an hour. If, after two postponements, the total shareholders present still does not constitute the quorum prescribed in the preceding article, but those present represent one-third or more of the total number of the Company's issued shares. A notice of such tentative resolution should be distributed to all shareholders in accordance with Paragraph 1 of Article 175 of the Company Act. The Shareholders' Meeting should be reconvened within a month. If the number of present shareholders constituting half of the total number of the Company's issued stocks is reached before the meeting is over, the chairman may deem such situation as a tentative resolution and proffer it for the meeting to vote in accordance with Article 174 of the Company Act.
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The agenda of the Shareholder's Meeting convened by the Board should also be stipulated by the Board. The meeting should follow the agenda and should not be changed without the resolution of the Board. The provision of preceding article should apply when the Shareholders' Meeting is convened by people with the right to convene such meetings other than the Board. The chairman of the Shareholders' Meeting should
35
not dismiss the meeting before the previous two types of agenda (including AOB) are completed with a resolution being made. The shareholders cannot designate any other person as chairman and continue the Meeting in the same or other place after the Meeting is adjourned.
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Before making a speech, the present shareholder should write down the gist of the speech, the shareholder's number (or the number of the attendance certificate) and the account name on a slip of paper. The chairman will decide the order of speech. If the present shareholder hands in the paper split but does not actually make the speech, it is construed that the shareholder does not make that speech at all. If there are discrepancies between the content on the paper slip and the shareholder's actual speech, the latter should prevail. Unless approved by the chairman, shareholders should not interfere when another fellow shareholder is speaking. The chairman is entitled to stop the interfering shareholder.
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A shareholder is allowed to make a speech once for each motion unless approved by the chairman. Each speech should not exceed five minutes. The chairman is entitled to stop the shareholder's speech when the shareholder violates the preceding provision or when the speech digresses from the motion.
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Any legal entity designated as proxy by a shareholder(s) to be present at the Meeting may appoint only one representative to attend the Meeting. If a legal entity is a shareholder and designates two or more representatives to attend the Meeting, only one representative can speak for each discussion item.
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After the speech of a shareholder, the chairman may respond him/herself or appoint an appropriate person to respond.
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The chair may announce to end the discussion of any discussion item and go into voting if the chair deems it appropriate.
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The person(s) to monitor and the person(s) to count the ballots shall be appointed by the chair. The person(s) monitoring the ballots shall be a shareholder(s). The result of voting shall be announced at the Meeting and recorded in the minutes of the Meeting.
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The chairman is entitled to announce recesses during the meeting.
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Except otherwise provided in the Company Act of the Republic of China or the Articles of Incorporation of the Company, a resolution shall be adopted by a majority of the votes represented by the shareholders present at the Meeting. The resolution shall be deemed adopted and shall have the same effect as if it was voted by casting ballots if no objection is voiced after solicitation by the chairman.
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If there is amendment to or substitute for a discussion item, the chair shall decide the sequence of voting for such discussion item, the amendment or the substitute. If any of them has been adopted, the other shall be deemed vetoed and no further voting is necessary.
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The chair may require or supervise the disciplinary officers or the security guards to assist in keeping order of the Meeting place. Such disciplinary officers or security
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guards shall wear badges marked “Disciplinary Officer” for identification purpose.
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In case of incident due to force majeure, the chair may rule the meeting temporarily suspended and announce a time when, in view of the circumstances, the meeting will be resumed.
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Any matter not provided in the Rules and Procedures shall be handled in accordance with the Company Act of Republic of China and the Articles of Incorporation of the Company.
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【Appendix 2】
OPTIMAX TECHNOLOGY CORPORATION
Articles of Incorporation
Date: June 24, 2025
Chapter 1: General Provisions
Article 1 The Company is organized as a company limited by shares in accordance with the Company Act of the Republic of China (the "Company Act") and the Company's English name is Optimax Technology Corporation.
Article 2 The scope of business of the Company shall be as follows:
- CC01080 Electronic parts and components manufacturing business
- CE01030 Photographic and Optical Equipment Manufacturing
- F219010 Electronic Materials Retail
- F213040 Retail Sale of Precision Instruments
- C805010 Manufacture of Plastic Sheets, Pipes and Tubes
- C801100 Synthetic Resin and Plastic Manufacturing
- F401010 International Trade
- ZZ99999 All business items that are not prohibited or restricted by law, except those that are subject to special approval.
Article 3 The head office of the Company shall be in Taoyuan, Taiwan, the Republic of China ("R.O.C."). Subject to the approval of the Board and other relevant authorities, the Company may, if necessary, set up branches or business offices at other appropriate places.
Chapter 2: Shares
Article 4 The company's total capital is rated at NT$10 billion, divided into 100 thousand shares at $10 per share. The council decided to issue in batches. 50 thousand shares are reserved in the aforementioned total shares as shares for issuing employee stock option certificates.
Article 5 The share certificates of the Company shall be all in registered form. The share certificates shall be affixed with the signatures or personal seals of the director representing the company, and shall be duly certified or authenticated by the bank which is competent to certify shares under the laws before issuance.
The Company may, pursuant to the applicable laws and regulations, deliver shares or other securities in book-entry form, instead of delivering physical certificates evidencing shares or other securities.
Article 6 The name change and transfer of the company's stocks shall cease within 60 days before the shareholders' general meeting, within 30 days before the shareholders' temporary meeting or within 5 days before the company's decision to distribute dividends and dividends or other benefits.
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Chapter 3: Shareholders' Meetings
Article 7 Shareholders' meeting shall be of two types, namely general and extraordinary shareholders' meeting. The former shall be convened once a year within six months after the close of each fiscal year and the latter shall be convened whenever necessary.
Article 8 Notices which clearly state the purpose(s) for convening meeting shall be sent to each shareholder at least thirty (30) days in advance, in case of general meetings, and at least fifteen (15) days in advance, in case of extraordinary meetings.
The company's shareholders' meeting may be held by video conference or other methods announced by the central authority.
The requirements, operating procedures, and other matters to be complied with by the video shareholder meeting shall be adopted. If the securities regulatory authority otherwise stipulates, such regulations shall prevail.
Article 9 In case a shareholder is unable to attend a shareholders' meeting in person, such shareholder may issue proxy in the form printed by the Company, setting forth the scope of authorization for the representative to be present on his/her/its behalf in accordance with Article 177 of the Company Act, or vote in writing or via an electronic voting system in accordance with Article 177-1 of the Company Act.
Article 10 Unless otherwise provided under Article 179 of the Company Act which sets forth the situation where the shareholder has no voting rights, a shareholder of the Company shall have one vote for each share held by him/her/it.
Article 11 Unless otherwise provided in applicable law and regulations, a resolution shall be adopted at a meeting attended by the shareholders holding and representing a majority of the total issued and outstanding shares and at which meeting a majority of the attending shareholders shall vote in favor of the resolution. According to regulatory requirements, shareholders may also vote via an electronic voting system, and those who do shall be deemed as attending the shareholders' meeting in person; electronic voting shall be conducted in accordance with the relevant laws and regulations.
Article 11-1 The company may issue employee stock options at a stock price lower than the market price, or less than the actual share repurchased, with the consent of the shareholders 'meeting representing more than half of the total number of issued shares and the presence of more than two-thirds of the shareholders' voting rights Average price transferred to employees.
Article 12 Shareholders' meeting shall be convened by the Board of Directors and, be presided over by the Chairman of the Board of Directors; in case the Chairman of the Board of Directors is on leave or unable to perform his duties for cause, one of the Directors shall preside in accordance with Article 208 of the Company Law. For the Shareholders' meeting convened by any other person having the convening right, such person shall act as the chairman of that meeting provided, however, that if there are two or more persons having the convening right, the chairman of the meeting shall be elected from among themselves.
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Chapter 4: Board of Directors and Audit Committee
Article 13
The Company shall have nine (9) to thirteen (13) directors to serve a term of three years. A director may be re-elected. Within the entire Board, the Company shall have at least four (4) or one-fifth (1/5) of all directors, whichever is higher. Directors shall be elected from a list of director candidates, which are nominated under the Candidate Nomination System in accordance with Article 192-1 of the Company Law. In the year the terms of the directors are expired, the Board of Directors shall convene the general shareholders’ meeting for re-electing the directors in accordance with the Securities and Exchange Act.
The minimum number of total shares to be owned by the directors of the Company shall be in compliance with the Rules and Review Procedures for Director and Supervisor Share Ownership Ratios at Public Companies as promulgated by the Financial Supervisory Commission. The restrictions on the share holdings shall be in compliance with applicable laws and regulations.
Article 13-1
Pursuant to Article of the Securities and Exchange Act, the Company shall have the audit committee which shall be composed of all independent directors, and one of them serves as the convener, and at least one person has accounting or financial expertise.
The audit committee established by the company in accordance with the law is responsible for the implementation of the company law, securities trading law, other laws and regulations and the company’s articles of association and various measures as the supervisory authority.
Article 14
The Company shall have a chairman of the Board. The chairman of the Board shall be elected by and among the directors in accordance with Article 208 of the Company Law.
The meetings of the Board of Directors shall be convened by the chairman of the Board. Except as otherwise provided in the Company Law of the Republic of China, a meeting of the Board of Directors may be held if attended by a majority of total Directors and resolutions shall be adopted with the concurrence of the majority of the Directors present at the meeting.
Article 14-1
In convening a meeting of the Board of Directors, a notice indicated the purpose(s) for convening the meeting shall be given to each director no later than 7 days prior to the scheduled meeting date in writing or via e-mail or fax. The meetings of the Board of Directors may be convened at any time in case of urgent circumstances.
Article 15
The Chairman of the Board of Directors shall preside over all meetings of the Board of Directors. In his absence, any one of the Directors shall be acting for him according to Article 208 of the Company Law. Directors shall attend meetings of the Board of Directors in person. Where a director is unable to attend a meeting of the Board, he may appoint another director to represent him by proxy in accordance with Article 205 of the Company Act.
Article 16
The Board of Directors may set up functional committees which shall adopt an organizational charter to be approved by the Board of Directors. Functional committees shall be responsible to the Board of Directors and submit their proposals to the Board of Directors for approval.
Article 17
The Company may take out liability insurance for the directors with respect to the liabilities resulting from exercising their duties during their terms of office.
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Article 17-1 The Board of Directors is authorized to determine the salary for the Directors, taking into account the extent and value of the services provided for the management of the Corporation and the standards of the industry within the R.O.C. and overseas.
Chapter 5: Managers
Article 18 The Company shall have one managerial personnel, whose appointment and dismissal shall be approved by a majority of total Directors in accordance with Article 29 of the Company Act.
Chapter 6: Accounting
Article 19 After the end of each fiscal year, the Board shall prepare and submit the following documents: (1) business report, (2) financial statements, (3) proposal for allocation of earnings or recovery of loss, which shall be submitted to the shareholders' general meeting for approval.
Article 20 When the Company allocates the profit of the current year, if any, 1%~10% of the profit shall be set aside as employees' compensation, which to be distributed to the qualified employees of the Company or of the subsidiaries of the Company employees in the form of stock or cash. The Board of Directors is hereby authorized to set forth the plan of distribution. The Company may, subject to the resolution adopted by the Board of Director, further allocate no more than 1% of the aforesaid profit as Directors' compensation. The proposals of the employees' compensation and the directors' compensation shall be approved by a majority of total Directors and then reported on the Shareholders' meeting. Notwithstanding the foregoing, when there are accumulated losses, the profits shall be used to offset accumulated losses first and report on the Shareholders' meeting.
Of the amount of employee remuneration mentioned in the preceding paragraph, no less than 50% should be allocated to grassroots employees.
Article 20-1 The current year's earnings, if any, shall first be used to pay all taxes and offset prior years' accumulated losses and then set aside 10% as legal reserve. When such legal reserve amounts to the total paid-in capital, the Company shall not be subject to this requirement. The Company may then appropriate or reverse a certain amount as special reserve according to the relevant regulations. The remaining earnings, plus the accumulated undistributed earnings, may be appropriated to shareholders as dividends or bonuses according to the distribution plan proposed by the Board of Directors and approved by the shareholders' meeting.
The distribution of profits by the Company shall be subject to consideration of the current and future development plans, investment environment, funding requirements, domestic and international competitive conditions, and other factors that impact shareholder interests. At least 30% of the current fiscal year's profits are allocated for distribution to shareholders as dividends. However, in case the accumulated distributable earnings is less than 30% of paid-in capital, the Company may choose not to distribute dividends. Dividends to common shareholder may be distributed by way of combination of cash dividend and stock dividend provided that the cash dividends shall not be less than 10% of the total dividends.
Chapter 7: Supplementary Articles
Article 21 The Company may provide endorsement and guarantee and act as a guarantor.
Article 22 With respect to the matters not provided herein, the Company Act and other applicable laws and regulations shall govern.
Article 23 These Article of Incorporation were enacted on Feb. 23, 1998 and amended on May 21, 1999 for the first time, on May 26, 2000 for the second time, on May 25, 2001 for the third time, on April 30, 2002 for the fourth time, on May 16, 2003 for the fifth time, on June 9, 2004 for the sixth time, on June 27, 2005 for the seventh time, on June 14, 2006 for the eighth time, on June 15, 2007 for the ninth time, on May 30, 2008 for the tenth time, on Sep. 4, 2009 for the eleventh time, on May 26, 2010 for the twelfth time, on June 16, 2015 for the thirteenth time, on June 14, 2016 for the fourteenth time, on June 8, 2018 for the fifteenth time, on June 9, 2020 for the sixteen time. The 17th amendment was made on June 23, 2022. The 18th amendment was made on June 20, 2023. The 19th amendment was made on June 20, 2024. . The 20th amendment was made on June 24, 2025.
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43
【Appendix 3】
OPTIMAX TECHNOLOGY CORPORATION
Shareholdings of A11 Directors
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The Company has issued capital of the Company is NT$1,670,000,000 representing 167,000,000 common shares. According to Article 26 of the Securities and Exchange Act, the minimum number of shares that shall be held by all directors of the company is 10,020,000.
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As of April 26, 2026, the number of shares held by all directors is 18,112,408 shares
| Title | Name | Shareholders Represented | No. of Shareholding |
|---|---|---|---|
| Chairman | Peter Chao | 16,150,416 | |
| Director | Wilson Chao | 1,630,837 | |
| Director | Jin-De Wang | Shi-Hong Industrial Co., Ltd. | 326,753 |
| Director | Shi-Fen Lin | Shi-Hong Industrial Co., Ltd. | 326,753 |
| Director | Wei-Jie Wu | Shi-Hong Industrial Co., Ltd. | 346,753 |
| Director | Xiao-Nan Xiang | 4,402 | |
| Director | Qi-Bang Yu | 0 | |
| Director | Chang-Shu Jiang | 0 | |
| Independent Director | Ted Guo | 0 | |
| Independent Director | Tzeng-Guey Gu | 0 | |
| Independent Director | Min Chao | 0 | |
| Independent Director | Hsin Huang | 0 | |
| Total | 18,112,408 |