Page 7 - 2016 TGI CSR 電子書

Message from the Chairman

Directors and stockholders, thank you and look forward to having your opinion on 2017 operation
perspectives.

The global economic situation of the first half of 2016 is weak and lack of motivation. Particularly,

the industry competition intensified, and the exclusion effect of overcapacity and supply chain
autonomy in China impacted the main national trade. Taiwan’s export situation has decreased for 17
months. The exchange fluctuation between RMB and NTD caused exchange loss to enterprises. Each

factor influenced enterprises’profits but the circulated economic rebound showed up in the second
half of 2016. The expectation of economic performance in 2017 is positive although there are still lots

of potential and uncertain risks which might limit the strength of recovery and affect the economic
trend.

In regard to TGI’s performance in 2016, it has improved significantly to compare with the recent

two years. We make a brief report by product lines as follows.

In flat glass, both production and marketing in Taiwan is stable, and the percentage of market
share is around 80%. The flat glass TGI’s Taichung Factory and Lukang Factory produced has been

reached the world class and laid a foundation for high class building material. Due to the problem
of energy shortage in Taiwan, TGI continued to popularize Low-E energy-saving glass and enlarge
the sales volume of energy-saving glass products to implement environmental awareness, and

integrated its industrial chain, strived for the visibility of international brand and order from high-
priced customers by its experienced production and marketing teams.

In new material ultra-thin glass, the products are mainly sold to China; meanwhile TGI has started

to supply the product of high-level car mirror regularly since it obtained formal orders in March
5
of 2017 after sampling to get certificate for one year. China flat glass market is still in the stage of
structure innovation now. Moreover, China Authority implements environment protection strictly so