Qisda continues to promote the value transformation plan. In addition to pursuing the goal for 2022 to earn more than half of its revenue from the High Value-Added Business, the Company’s next step will be earning more than half of the profit. Qisda Chairman Peter Chen said that the Company will expand its revenue, increase gross profit and its shareholding and work closely with the Combined Fleet partners to expand the effect of post-investment operations. Through increasing shareholding, the recognition ratio will also be increased, further sharing operating results to Qisda’s shareholders.

Qisda’s annual general meeting held on August 27 passed the 2020 financial report and earnings distribution proposal. The consolidated revenue in 2020 totaled NTD191.7 billion, a new record high, with EPS of NTD2.54. A cash dividend of NTD1.5 per share was distributed on August 20.

Qisda maintained a high level of operating efficiency this year, with consolidated revenue totaling NTD106.9 billion and EPS of NTD3.01 in the first half, surpassing the all-year level of the past decade.

Peter Chen, chairman of Qisda said that the Group’s platform of resources is used as the core to gather invisible champions to assemble the Grand Fleet. Since 2020, new partners have joined the Combined Fleet including Eastech, Simula Technology, Golden Spirit, E-Strong Medical Technology, Indonesia Frismed (Indonesia), Brainstorm (U.S.), and Action Star. The revenue base will be expanded and operational efficiency strengthened, while at the same time continuing to increase the shareholding ratio of Alpha Networks, Sysage Technology, and Ace Pillar, so as to reflect the positive operating performances to Qisda’s shareholders.

In 2021, although the global economic condition was impacted by uncertainties such as the COVID-19 pandemic, supply chain and shipment tensions, and potential inflation concerns, strong demand for information and communications products and long-term opportunities for the acceleration of digital transformation also arose. Qisda will continue to concentrate on its four major operational directions: optimizing the management of current businesses, speeding up the expansion of the Medical Business, accelerating the development of solutions, and planning the layout for the 5G Networking Business. By taking this approach, Qisda hopes to move the Company to the next level and create long-standing value.

Qisda’s Medical Business tops the fastest-growing business this year and has become an indicator of sustainable operation in the midst of the COVID-19 outbreak. Although the outbreak has caused a short-term impact, Nanjing BenQ Medical Center continued to serve over 1 million people and 600,000 people in Suzhou BenQ Medical Center last year. In 2020, Nanjing BenQ Medical Center has been qualified as an Internet hospital, while Suzhou BenQ Medical Center was certified by the JCI (Joint Commission International). All medical disciplines and specialties will continue to be improved to ensure that the operations of the hospital run smoothly.

Meanwhile, Qisda is committed to sustainable corporate management and its efforts on the environment, society, and governance (ESG) have been recognized by important domestic and international awards. These awards include 2020’s “Best Companies to Work For in Taiwan” as well as the “Best Companies to Work For in Asia” by HR Asia for two years in a row. Furthermore, through the BenQ Foundation, test booths and test stations were donated this year to Taoyuan City Government, doing what we can to fight against the virus.