FENC & FET were listed by TWSE for Their Excellence in Power UpTW Program

The Taiwan Stock Exchange (TWSE) announced that its "Power UpTW Program" has garnered an enthusiastic response from listed companies. As of November 30, 2025, 311 companies have participated and announced relevant plans, accounting for approximately 29% of all listed companies. Notably, 209 companies disclosed their corporate value enhancement plans in November alone, demonstrating a strong commitment among listed companies to strengthen corporate governance and elevate corporate value.
Leading Companies Demonstrate Good Disclosure Practices

While the TWSE encourages participation, it places equal emphasis on the quality of the plans. Preliminary reviews of the disclosed plans highlight several leading companies with particularly robust content, including Far Eastern New Century, Delta Electronics, Chang Hwa Bank, EnTie Bank, E.SUN Financial, CTBC Financial, SinoPac Financial, and Far EasTone Telecommunication (in stock code order).
These leading companies have established good disclosure examples by utilizing measurable indicators, ensuring information transparency, and presenting clear frameworks. Their plans share the following key characteristics:

1. Concrete Performance Indicators: They propose specific, measurable performance indicators regarding past cost of capital, profitability, and market valuation, supported by cross-year trend analysis and peer comparisons. Several companies further analyze underperforming areas and propose improvement plans.
2. Enhanced Transparency: They disclose financial and operational information by department, business unit, or product line, allowing investors to clearly grasp future growth potential and risk exposure.
3. Visual Communication: Financial and operational data are presented through charts and visualizations, making the information concrete, clear, and easy for investors to interpret.
4. Clear Strategic Goals: Short, medium, and long-term operational goals are clearly defined, accompanied by concrete measures and expected benefits, ensuring the targets are trackable.

The majority of these leading companies belong to the financial sector, highlighting the industry’s maturity in corporate governance and its emphasis on shareholder equity. By responding to market expectations with measurable indicators and clear strategic layouts, the financial sector has emerged as a leader in enhancing corporate value disclosure. The TWSE encourages all industries to actively participate in this program.