GOVERNANCETait Overview

 
Year Important Events
1987
  • On February 5, the Company was established and named Li Chung Industrial Co., Ltd. It mainly engaged in warehousing business during the beginning of its establishment.
1990
  • On May 8, Shih Tian Ltd. (Hong Kong), the shareholder who originally held 49% of the equity, sold their equity to the Central Warehousing and Marketing Ltd.
  • On June 19, the original chairman, Chen, Ko-yuan, sold his shares and resigned from chairman. The Shareholders Meeting took place to re-elect directors and supervisors. The new directors were Chang, Yong-sheng; Chin, Kang-min; Pai, An-li, and the new supervisor was Cheng, Chun-chao. The Board of Directors elected Chang, Yung-sheng as the new chairman.
  • On November 14, the original director Pai, An-li sold his shares and resigned from director. The Shareholders Election Meeting was held and Po, Chien-hsin was elected as director.
  • On November 28, the Company changed its name to Tait Business Co., Ltd. In view of the potential for the development of the vast market in warehousing and distribution, it invested in and built the automated warehouse with a capacity of 10,000 pallets and the office building on the Company’s own land located at No.131 Dade Road, Qidu District, Keelung City. The office building construction and equipment were completed in 1990. The Company then moved the head office from 9F, No. 320, Section 4, Zhongxiao East Road, Taipei City to No. 131, Dade Road, Qidu District, Keelung City.
1991
  • In April, the Company succeeded the agency and distribution rights of western medicine, food, daily necessities, etc. from the Taiwan Branch of Tait & Co., Ltd. (UK), and launched the Company's agency and distribution business in consumer goods.
  • In conjunction with the activation of automated warehouse equipment, the Company actively expanded the business of marketing agency as well as the warehousing and distribution of consumer goods.
1992
  • In June, the Company merged by absorption with Deppon Co., Ltd., and its capital after the merge was in the amount of NT$ 134,400,000.
  • In December, the Shareholders Meeting adopted a resolution to increase capital for the need of the Company’s business. The original shareholders waived their subscription rights and the Tait & Co., Ltd. (UK) fully subscribed for the shares for capital increase. The funds for the capital increase were remitted in January 1993 and verified by the Investment Commission on February 27, 1993.
1993
  • In April, the original shareholder De Hua Investment Co., Ltd., transferred all of their shares to Central Warehousing Marketing Ltd.
  • On September 27, the original shareholders, former directors, Pai, Chien-hsin and Chin, Kang-min of Central Warehousing Marketing Ltd., also sold all their shares to ADI Corporation. The former Chairman Chang, Yong-sheng and supervisor Cheng, Chun-chao sold half of their equity to Central Warehousing Marketing Ltd. as well as transferring all of their equity to ADI Corporation respectively. The Tait & Co., Ltd. (UK) transferred all its equity to Great China Marketing Co., Ltd., and ADI Corporation. On the same day, the directors and supervisors were re-elected, and the legal representatives of ADI Corporation Liao, Chi-cheng; Lin, Kun-hsiung; Hsu, Shen-hsin; and Chang, Yong-sheng were elected as directors, meanwhile the representatives of Great China Marketing Co., Ltd.--Chin, Kun-min; Hai Te; and Shi, Ta-li were also elected as directors. The representative of ADI Corporation, Hsueh Kang and the representative of the Great China Marketing Co., Ltd., Liu, Chien-hua both acted as the supervisors.
1994
  • In April, due to the high duty demands, the former chairman resigned from his position.Chin, Kang-min was re-elected as the new chairman.
  • In April, the Company had adopted a resolution to increase its capital by NT$ 270,000,000 to expand the investment in the Tait International Ltd. In August of the same year, the increase in capital was completed.
  • In July, the Company succeeded the distribution business of Western wine from the Tait Industrial Ltd. (Panama) Taiwan Branch, which allowed the Company to expand their distribution expertise to beer, wine, and spirits.
1995
  • In May, the Company held Shareholders Meeting and had reached the resolution to change their name to the Tait Marketing & Distribution Co., Ltd.
  • In June, the Securities and Features Commission had approved the Company’s retroactive public issuance registration.
  • In September, the Great China Marketing Co., Ltd., the original shareholder, had transferred part of their equity to the Central Investment Co., Ltd.
  • In September, in order to improve the financial structure, the Company undertook a NT$ 200,000,000 cash capital increase .At the same time, it also undertook a capital increase of NT$ 14,700,000 by retaining earnings , increasing the capital reserve NT$ 53,684,000, and expanding the capital to NT$ 801,913,000.
  • On November 27, the the board seats became vacant after corporate directors of the Company - ADI Corporation and Great China Marketing Co., Ltd. revoked the appointment of Chang, Yung-sheng and Chin, Kang-min respectively as their representatives with no intention of appointing others for succession. . In December 8 of the same year, an Interim Shareholders Meeting was held to elect the new directors. Individual shareholders Kim, Kang-min and Chang, Yung-sheng, were elected as new directors. Meanwhile, the board seat became vacant due to the resignation of, Li, Yuan-hui, the original director . Nevertheless, the new corporate shareholder of the Company, Central Investment Co., Ltd., held 8,898,000 of the company shares, was elected as the new director. Luo, Wei-li was appointed as their representative. The term of the new directors would all end on September 26, 1996.
  • In December, the Kaohsiung Distribution Center had begun to operates.
1996
  • Lin, Hui-ling, the former supervisor, had resigned from supervisor. On June 3, 1996.Li, Wei-ting as the new supervisor.
  • On June 30, the Company had adopted a resolution to undertake a capital increase by of NT$ 64,153,000 through retained earnings. In addition, an expansion in the capital to NT$ 866,066,000 was done.
  • On October 4, the Company held an Interim Shareholders Meeting to re-elect the directors and supervisors. The list of new directors and supervisors were as followed: 9 directors (Chin, Kang-min; Shi, Ta-li; Hai Te; Liao, Chi-cheng; Chang, Yung-sheng; Luo, Wei-li; Tung, Lo-ta; Chen, Pai-hsian; and Po, Chien-hsin), and 3 supervisors (Hsueh Kang; Lin, Chien-hsiung; and Li, Wei-ting).Among which, Shi, Ta-li; Hai Te; and Lin, Chien-hsiung were the representatives of the Great China Marketing Co., Ltd., while Liao, Chi-cheng; Chang, Yung-sheng; and Hsueh Kang were the representatives of the ADI Corporation, and Luo Wei-liis were the representative of the Central Investment Co. Ltd.
  • On October 4, the Shareholders Meeting approved the addition of customs declaration business as the Company's business item.
  • In November, the former president, Chang, Yung-sheng resigned from president and was succeeded by Tung, Lo-ta.
1997
  • In January, the ADI Corporation revoked the appointment of Chang, Yung-sheng as its representative director and reappointed Han, Kai-ning as their representative director.
  • In June, Great China Marketing Co., Ltd. revoked the appointment of Lin, Chien-hsiung as the representative supervisor and re-appointed Chen, Shih-jung as the representative supervisor.
  • On July 3, Pai, Chien-hsin resigned from director, but no election was held to fill this vacancy.
1998
  • In January, Chang, Chin-kai was elected as the director of the Company at the Interim Shareholders Meeting.
  • In February, the president, Tung, Lo-ta resigned from the president and director of the Company. The chairman of the Company Chin, Kang-min concurrently served as the president.
  • In February, the shares of the Company were approved by the Gre Tai Securities Market to trade on the OTC market.
  • In March, the Board of Directors appointed Han. Kai-ning as the president of the Company.
  • In April, the former spokesperson, Cheng, Chun-chao, resigned from spokesperson and was replaced by Lin, Chi-yi.
  • In May, the General Shareholders Election Meeting was held.Individual directors, Chin, Kang-min and Chang, Chin-kai were re-elected as representatives of Great China Marketing Co., Ltd. . Individual shareholders, Chen, Pai-hsian was also re-elected as the representative of ADI Corporation, Han, Kai-ning who was originally the representative of ADI Corporation, was re-elected as the representative of Shi Hen Enterprise Ltd. . Individual supervisor, Li, Wei-ting was re-elected as the representative of Shi Hen Enterprise Ltd. Gao, Guo-ping was elected as the representative of Shi Hen Enterprise Ltd.
  • In May, in order to improve the financial structure and expand the logistics center, the Company adopted a resolution to undertake a NT$ 564,649,000 cash capital increase and a capital increase of NT$ 120,000,000 by capital reserve. The registration procedures were completed in July and October, respectively. After the capital increase, the Company’s paid-in share capital was NT$ 1,620,000,000.
  • In September, Chen, Tai-ming was re-elected as the as the new chairman during the board meeting.
  • In November, the former spokesperson, Lin, Chi-yi resigned from spokesperson and was replaced by Gao, Guo-ping.
1999
  • In October, the Company purchased the main business and assets of EAC, East Asiatic Company (Denmark) in Taiwan.
2000
  • On June 21, the Company adopted a resolution to undertake a capital increase of NT$ 115,165,000 by retaining earnings and employee bonusThe capital was expanded to NT$ 1,735,165,000.
2001
  • In May, the Board of Directors appointed Hsiung, Chen-huan as the new president.
  • In May, the former spokesperson Gao, Guo-ping resigned, and Chen, Fei-lin was appointed as the spokesperson.
  • In August, Chiu, Tsung-chih as the new chairman was re-elected in the board meeting.
2002
  • In August, Chairman Chiu, Tsung-chih resigned from the post of chairman as he was promoted and appointed as the examination commissioner of the Examination Yuan. Hsiung, Chen-huan was then re-elected as the new chairman during the board meeting.
  • From April to August, the treasury stocks were implemented on 2 occasions, and the 3,112,000 sharesand 3,266,000 shares were bought back respectively. On September 30, the paid-in capital was NT$ 1,671,385,000 after the capital reduction. From September to November, the treasury stocks were implemented for the third time, and bought back 957,000 shares . On December 2, , the paid-in capital was NT$ 1,661,815,000 after the capital reduction.
2003
  • In March, Liao, Chi-cheng, the representative director of theADI Corporation, resigned, and was replaced by Liao, Shu-chun. Yeh, Wen-chin, the representative director of Great China Marketing Co., Ltd. (British Virgin Islands), resigned and was replaced by Hu, Yu-cheng.
  • On August 25, a by-election for two directors and one supervisor was held the Company during the Interim Shareholders Meeting elect. Individual shareholder, Lin, Chin-jung was elected as the director. Chiu, Ming-chi was elected as a representative director of the Taiwan Asset Management Corporation, and Chong, Shi-ying was elected as a representative supervisor of Great China Marketing Co., Ltd. (British Virgin Islands). On August 29, the Company’s reinvestment was approved by the Investment Commission of the Ministry of Economic Affairs (letter numbered: 092023836) to acquire 100% equity in the Tait Asia Ltd. through Sonic International Cayman Ltd.
2004
  • On June 15th, the General Shareholders Meeting adopted a resolution to authorize the Board of Directors and China Vest Company or other partners to decide on the acquisition of the Company’s equity by the end of May 2005 according to the cooperation structure. If the acquisition percentage was more than 85%, the unit price per share was NT$ 10. However, the unit price per share was NT$ 9 if the percentage was 85% or less and no less than 65%.
  • In July, Chang, Yueh-chiung the was re-appointed to replace Chiu, Ming-chi as the representative director of the Taiwan Asset Management Corporation.
  • From December 3 to 27, the Company assumed the transfer price of the payable long-term bills and acquired the creditor's rights to the Hsin Hsii Company, thefirst and second-ranked pledge of trademark rights for Kaisi, as well as the obtained exclusive and full right of trademark use , value of brand distribution rights as well as the management right of Hsin Hsii Company (including production and marketing; channel and use of their trademark) based on the agreement.
  • On December 24, the Company and Jiugui Liquor Co., Ltd. (Hunan) signed the exclusive general agency agreement and capital guarantee agreement for the Little Drunkard series in China area and obtained the general agency rights for the Little Drunkard series across China so as to ensure the recovery of the previous purchase price and secure the funds for purchase order payments.
2005
  • On June 16, 2005, the Shareholders Meeting re-elected directors and supervisors, and elected Directors Hsiung, Chen-huan; Wang, Hsiang-chi; Long, Shi-jung; Yang, Ren-yi; Huang, Tsui-jing, Independent Directors Chen, Yo-long, and Supervisors Yang, Ying-chou; Yang Gui-hua; and Li Wei-ting. The Board of Directors unanimously elected Hsiung, Chen-huan to continue to serve as chairman of the board. On October 4, Yang, Gui-hua, the original supervisor, was could not take on the position and a suitable candidate .No reappointment was made at that time as a suitable candidate was unable to be found. Gao, Chen-hsiang was reappointed to replace the original director, Wang, Hiang-chi.
  • On June 10, 2005, the Company applied for the factory registration for the establishment of the Madou Factory of Tait Marketing & Distribution Co., Ltd.
  • On December 8, 2005, the first Interim Shareholders Meeting of 2005 was held, and adopted to change the address of the head office to No. 23-11, Piziwei, Neighborhood 2, Haipu Village, Madou Township, Tainan County.
2006
  • In March 2006, the Company started the introduction of the ERP system provided by Data System Company.
  • In April 2006, the Company's address was changed to No. 23-11, Piziwei, Neighborhood 2, Haipu Village, Madou Township, Tainan County.
  • In November 2006, the Guo Hsin Investment, the major shareholder of the Company, filed for the transfer of 32,248,000 shares to the Uni-President.
  • In December 2006, the Board of Directors adopted a resolution to approve the China RFID Business Opportunity Development Project.
2007
  • On March 26, 2007, the Company approved the disposal of the shares in Taiwan Fixed Network. On June 8, 2007, the Company further approved the matters in relation to the Madou Factory OEM agreement and payments of the Allis Company.
  • On August 22, 2007, the Company approved the matters in relation to Jiugui Liquor.
2008
  • On June 13, 2008, the Shareholders Meeting re-elected directors and supervisors. Seven directors were elected ( Huang, Jui-tien; Luo, Chi-hsian; Hsiung, Chen-huan; Yang, Wen-long; Chang, Yueh-chiung; Liao, Ying-chi; and Chen, Yo-long) and three supervisors were elected (Li, Wei-ting; Yin, Chian-li; and Liu, Tsung-yi, among whom, Directors Huang, Jui-tien; Luo, Chi-hsian; and Yang, Wen-long) as the representatives of the Uni-President. Director Chang, Yueh-chiung was the representative of the Taiwan Asset Management Corporation, and the Supervisors Yin, Chian-li and Liu, Chong-yi were the representatives of the Kai Yu Investment.
  • On June 13, 2008, the General Shareholders Meeting adopted a resolution to change the head office address to No. 131, Dade Road, Dunan District, Keelung City.
  • On June 13, 2008, Hsiung, Chen-huan resigned from president of Tait as well as all positions of its subsidiaries and did not intend to take on position of the 8th director of the due to personal career planning.
  • On June 26, 2008, the Board of Directors unanimously elected the Director Huang, Jui-tien as the chairman of the Company and appointed Mr. Chen, Tai-lie as the new president.
  • On December 4, 2008, the first Interim Shareholders Meeting of 2008 was held and approved the Company's first private placement of 64,629,500 shares in 2008. The paid-in capital of the Company reached NT$ 2,300,000,000.
  • On December 4, 2008, the Board of Directors resolved to issue unsecured ordinary corporate bonds of NT$ 250 million for the first time in 2008.
  • On December 4, 2008, the Board of Directors resolved to replace the CPA, and the original Deloitte & Touche Accounting Firm was replaced by the PwC Taiwan Accounting Firm.
2009
  • On April 7, 2009, the Company's corporate director, Taiwan Asset Management Co., Ltd., and its representative, Chang, Yueh-chiung resigned from the director of the Company.
  • On May 6, 2009, the Company changed its stock trading method due to its accumulated losses amounting to ½ thereof in 2008.
  • On April 20, 2009, the Company’s sub-subsidiary, Tai Teng Trading (Shanghai) Ltd., filed two civil lawsuits against Jiugui Liquor Co., Ltd. (Hunan), and the trial was concluded on November 27, 2009. On December 10, 2009, the Tai Teng Trading (Shanghai) Ltd. was dissatisfied with the judgment of Shanghai No. 1 Intermediate People's Court and decided to file an appeal.
  • On June 18, 2009, the Company’s corporate supervisor, Kai Yu Investment Co., Ltd., re-appointed Mr. Wu, Tsung-pin as its representative.
  • On June 19, 2009, the Shareholders Meeting Election was held to elect Liu, Tsung-yi and Chai, Chia-ming, both of whom were the representatives of Uni-President as the two directors.
  • On June 19, 2009, the Shareholders Meeting resolved to make up for the loss and implement a capital reduction. The capital reduction ratio was 75.478260869%, the capital reduction was NT$ 1,736,000,000 , and the number shares for the capital reduction was 173,600,000. After the capital reduction, the paid-in capital was NT$ 564,000,000.
  • On June 19, 2009, the Shareholders Meeting resolved to implement the cash capital increase by issuing new shares through a private placement. The issuance of new shares was expected to be no more 75,000,000 shares, which could be issued in installments within one year.
  • On June 19, 2009, the Shareholders Meeting resolved the sale of Qidu Plant and authorized the chairman to deal with such a matter and look for interested buyers.
  • On July 13, 2009, the Company signed the Purchase and Sale Agreement on Qidu Factory Buildings and Land with HB International Logistics Co., Ltd.
  • On September 3, 2009, the Company completed the first cash capital increase through a private placement in 2009. The number of shares for the capital increase was 38,100,000 shares. After the capital increase, the number of shares was 94,500,000 shares, and the paid-in capital was NT$ 945,000,000.
  • On July 23, 2009, the Securities and Futures Bureau approved the capital reduction case, and on October 7, 2009, the amendment registration after the capital reduction and increment was completed with the Department of Commerce of the Ministry of Economic Affairs.
  • On September 10, 2009, the Tait Marketing & Distribution’s own brand – Loose Leaf Tea Gift Box - was available on the market.
  • On November 20, 2009, the Board of Directors resolved to replace the stock affairs agency, which would be served by the Stock Affairs Agency Department of President Securities Corporation from January 1, 2010 onwards.
  • On December 14, 2009, the Tait Marketing & Distribution Co., Ltd., and the President (Shanghai) Trading Co., Ltd. signed a contract on the distribution and sales of Spanish JGC Group's red wine in mainland China.
2010
  • In February, the Company launched the "Kaisi Selection" brand, developed a series of dessert products, and achieved stunning revenue performance.
  • In June, based on the product concept of "Famous Stores and Famous Products", the biscuit product series of Yilan Sanxing Scallion Egg Roll and Ruisui Fresh Milk Ox-Tongue-Shaped Cracker were launched.
  • In July, the Board of Directors resolved: Tait’s sub-subsidiary--Tai Teng Trading (Shanghai) Ltd. waived its right to file a motion for a retrial with the Shanghai Higher People's Court with regard to its lawsuit with Jiugui Liquor Co., Ltd. (Hunan), and the judgment rendered by the Shanghai No. 1 Intermediate People's Court was upheld; The remaining stock of the Little Drunkard series were to be sold as soon as possible; and to proceed with the liquidation proceedings of Tai Teng Trading (Shanghai) Ltd.
  • On August 1, the President, Chen Tai-lie, resigned from his office due to personal career planning, and Mr. Liu, Chun-pei, the Director of SET Product Service Department of President Chain Store Corporation, took over as the president of Tait.
  • In early October, the stock of the Little Drunkard series was sold out by Tai Teng Trading (Shanghai) Ltd.
2011
  • On March 1, the Company signed a distribution contract with Wei Lih. With Weili’s dense marketing network, the sales channels of the Kaisi brand would be more expanded, and consumers could have more choices through the product portfolio offered by both parties so as for the Company to reach the benefits of value chain integration.
  • In March, the Company acted as an agent of the Filipino OISHI for its snack product series. It was the largest local snack food company in the Philippines. It had 12 factories in the Philippines, 7,000 employees, and an annual turnover of approximately 15 billion pesos.
  • In March, the Company acted as an agent of Japan DOUTOR for its coffee product series, which was the largest coffee chain store operator in Japan, with more than 1,400 stores in Japan.
  • In March, the Company acted as an agent of DongYin Sorghum Liquor, which was the sorghum liquor of the best quality in Mazu. This year, at the blind test held by Joker Magazine, DongYin Sorghum Liquor, product of a small and beautiful winery, even defeated Kinmen sorghum liquor.
  • In April, the Company acted as an agent of US ARIZONA for its tea. It was founded in New York in 1990 and was the No. 1 brand of RTD tea in the United States. It had 12 product lines with more than 200 kinds of products, sold in more than 20 countries, and its turnover in 2010 was US$ 2.5 billion.
  • On June 17th, the Shareholders Meeting re-elected directors and supervisors. Seven directors (Huang, Jui-tien; Luo, Chi-hsian; Yang, Wen-long; Liu, Tsung-yi; Chai, Chia-ming; Liao, Ying-chi; and Chen, Yo-long) and three supervisors (Huang, Chen-chia; Tseng, Chian-jung; and Wu, Tsung-pin) were elected. Among all of them, Huang, Jui-tien; Luo, Chi-hsian; Yang, Wen-long; Liu, Tsung-yi; Chai, Chia-ming were formerly the representatives of Uni-President) . Supervisors Huang, Chen-chia and Tseng, Chian-jung were elected as the representatives of Hai Ren Ltd. On the same day, Mr. Huang, Jui-tien was elected as the chairman of the Company.
  • On December 1, the first term of Remuneration Committee was established. The members of the committee consisted of Mr. Huang, Jui-tien, Mr. Hsu, Ying-chie, and Mr. Wu, Chia-hsun. The term of service expired on June 16, 2014.
  • At the end of December 2011, the Madou Plant of Tait Marketing & Distribution Co., Ltd. ends their production and was transformed into warehousing and logistics.
20121
  • In April, the business item "Bulk Materials" was added.
  • In May, the Company cooperated with the Dynasty Fine Wines in China to act as its agent for its French wines.
  • In August, the Company self-researched, developed and, launched the two new products of Assam milk tea and rock sugar and pear stew achieving excellent market response. Then the Company committed themselves to the research and development of making their own brand of beverages and desserts to bring successive products to the market.
  • On November 13, the Company settled the litigation with the German Beer Company in the High Court, and at the same time resolved the dispute by means of eternal dispute resolution. The terms and conditions for the settlement were that the Tait Company should pay the amount of 479,482.70 euros, and the German Beer Company would waive its remaining claims. Based on the principle of conservatism and prudence, the Company had recognized the estimate of the maximum possible loss in 2008 arising from this litigation was 527,000 euros.
  • In 2012, the net profit after tax for the current period was NT$ 1,022,000, turning a loss into profit.
2013
  • In January, the Company signed an agency contract for German BECK beer with the Anheuser-Busch InBev.
  • In April, the Company signed an agency contract for ice product with the Morinaga & Co., Ltd. (Japan).
  • In May, the Company signed an agency contract for Singha beer with the Boonrawd Trading International Co. (Thailand).
  • In September, the liquidation proceedings of the Tai Teng Trading (Shanghai) Ltd., which was invested indirectly in Mainland area, was completed. The report was submitted and reviewed by the Investment Commission of the Ministry of Economic Affairs.
  • In December, the Company signed an agency contract for the Starbucks canned beverage with Starbucks Corporation (US).
2014
  • The buffer period for less than one third of the members of the Remuneration Committee who may serve as the ordinary directors of the Company expired on March 19, 2014. Therefore, on March 19, 2014, Mr. Huang, Jui-tien resigned from the remuneration committee member. The cross-border trade and e-commerce in the Shanghai Free Trade Zone was conducive to the Company's business development in the future. Hence, the Board of Directors resolved in March to establish a new 100%-owned reinvested subsidiary in the Shanghai Free Trade Zone.
  • On June 16, the Shareholders Meeting re-elected directors and supervisors, and elected five directors, namely Huang, Jui-tien: Luo, Chi-hsian: Yang, Wen-long: Liu, Tsung-yi; Chai, Chia-ming, and three supervisors, namely Huang, Chen-chia; Tseng, Chian-jung; and Wu, Tsung-pin. Among them, Directors Huang, Jui-tien; Luo, Chi-hsian; Yang, Wen-long; Liu, Tsung-yi; Chai, Chia-ming were the representatives of Uni-President, and Supervisors Huang, Chen-chia and Tseng, Chian-jung were the representatives of Hai Ren Ltd. On that day, Mr. Huang, Jui-tien was elected as the chairman of the Company.
  • On August 1, the Remuneration Committee members of the 2nd term were re-elected. The committee members were Mr. Hsu, Ying-chie; Mr. Wu, Chia-hsun; and Mr. Hong, He-yi, and the term of service expired on June 15, 2017.
  • Mr. Hong, He-yi, the Remuneration Committee member of the 2nd term, resigned on October 30 due to personal career planning. On December 25, a by-election was held to elect and Ms. Huang, Hui-ling was appointed as the Remuneration Committee member.
2015
  • The Company cooperated with the Council of Agriculture of the Executive Yuan in the Taiwan tea origin and safety traceability system, by which the origin of tea and the inspection report could be inquired from the QR code on the Kaisi Oolong Tea bottle oackaging.
  • In May, the high-priced refrigerated oolong tea was launched, from using the ready-to-drinktea brewing technology, combined with the ingenuity from a well-known designer in the single teacup and tea bottle packaging design to create a high-priced ready-to-drink market in Taiwan. The Company that formally organized the "Corporate Social Responsibility (CSR) Committee", with the president as the chairman of the committee, was divided into four major teams: "Corporate Governance", "Product Value and Management Policy", "Environment and Energy" and "Employee Development and Care", to be in charge of corporate social responsibility policies.
2016
  • In April, a press conference on Kaisi Oolong Tea was held to explain the Company’s insistence on the use of tea leaves grown in Taiwan for Kaisi Oolong Tea. The process was carried outunder independent management right from the source of the crops to develop three major quality standards for bottled tea: source management, pesticide residue control, complete use of tea leaves from Taiwan, as well as construction of a complete production and marketing health and safety system.
  • In August, the high-priced refrigerated oolong green tea was launched. The Taiwanese original Four Season Paochong Tea, supplemented by oolong roasting method to bring out the fresh sweetness and natural aroma from the infusion of green tea. The diamond carvings design with tender color by a well-known designer interpreted the product style well.
2017
  • In April, in order to promote the trend of "Taiwan Fashion, Taiwanese Tea", a 10-day pop-up experience store of "Kaisi True Oolong Tea House" was specially designed. Professional bartenders were arranged to be stationed on site to brew limited drinks at Kaisi Tea House. The consumers were invited to visit the Tea House in person to experience the charm of "Kaisi Special Blend" and "Real Tea with Real Flavor" as well as to feel the Taiwan fashion!
  • On June 12, the Shareholders Meeting re-elected directors and supervisors, and three directors, namely Huang, Jui-tien: Luo, Chi-hsian: Liu, Tsung-yi: and Chai, Chia-ming; and three independent directors, namely Liao, Ying-chi; Hsu, Ying-chie; and Wu, Chia-hsun were elected. Among them, Directors Huang, Jui-tien; Luo, Chi-hsian; Liu, Tsung-yi; and Chai, Chia-ming were representative of the Uni-President. On that day, Mr. Huang, Jui-tien was elected as the chairman of the Company.
  • On June 12, the first term of the Audit Committee was established with three members including Liao, Ying-chi; Hsu, Ying-chie; and Wu, Chia-hsun. The term of service ended on June 11, 2020.
2018
  • In August, the Kaisi micro- commercial film was launched, which attracted many viewers, and became the topic of popular discussion in the forum. This also successfully strengthened the brand power and promoted the brand value.
2019
  • In August, the Company acted as an agent for OATLY oat milk – a well-known brand in Sweden. The entire product used plant-based oat milk, which can also be consumed by vegetarians. The introduction of Starbucks, 7-Eleven!+? CAFE RESERVE, specialty coffee shops and other channels has generated a sales boom.
  • In November, the "Sweetory Almond Chocolate Ball" was introduced from South Korea. Carefully selected from the highest almond nuts grade in the United States, the product was manufactured with the exclusive baking technology in Korea, made in a golden ratio with rich and aromatic chocolate. The color, aroma and texture of the product were first class. It was exclusively made available at 7-11 stores in December, became the popular selling item among the consumers.
  • In November, in order to strengthen corporate governance in compliance with laws and regulations as well as the competent authority, the Company formulated the "Guidelines for Performance Evaluation of the Board of Directors".