Financial Performance - Total revenue for the six months ended June 30, 2020, was approximately NT$843.34 million, a decrease of about 11.10% compared to NT$948.59 million in the same period of 2019[9]. - The group recorded a total comprehensive income attributable to owners of approximately NT$96.36 million, down from NT$111.63 million in 2019[13]. - Basic earnings per share were approximately NT$0.096, compared to NT$0.1106 in the same period last year[13]. - Revenue from the integrated solutions segment was approximately NT$601.00 million, down from NT$916.59 million in 2019[10]. - Revenue from the sale of semiconductor manufacturing equipment and parts increased to approximately NT$242.34 million, a rise of about 657.36% compared to NT$32.00 million in the same period last year[11]. - The gross profit for the period was approximately NT$225.94 million, with a gross margin of 26.79%, compared to 27.33% in 2019[14]. - The group anticipates expanding its customer base following the acquisition of Chongjun Technology Co., Ltd., which is expected to enhance profitability[18]. - Profit attributable to owners of the company for the six months ended June 30, 2020, was NT$95,980 thousand, a decrease of 13.2% from NT$110,580 thousand in 2019[51]. - The company reported a net other comprehensive income of NT$384 thousand for the six months ended June 30, 2020, compared to NT$1,048 thousand in 2019[51]. - The company recorded a profit of NT$95,980 thousand for the six months ended June 30, 2020, compared to NT$110,580 thousand for the same period in 2019, showing a decrease of approximately 13.1%[59]. Revenue Breakdown - Local business revenue accounted for approximately 56.68% of the group's total revenue, while revenue from the U.S. market increased by 239.56% compared to the previous year[13]. - Revenue from Taiwan for the six months ended June 30, 2020, was TWD 477,965 thousand, a decrease of 21.5% from TWD 609,207 thousand in the same period of 2019[81]. - Revenue from China for the six months ended June 30, 2020, was TWD 230,900 thousand, an increase of 62.5% from TWD 142,049 thousand in 2019[81]. - For the three months ended June 30, 2020, total revenue was TWD 457,165 thousand, a decrease of 13.2% compared to TWD 526,892 thousand in the same period of 2019[79]. - Revenue from providing integrated solutions was TWD 317,591 thousand for the three months ended June 30, 2020, down 37.5% from TWD 508,259 thousand in 2019[79]. - Revenue from the sale of used semiconductor manufacturing equipment and parts increased significantly to TWD 139,574 thousand for the three months ended June 30, 2020, compared to TWD 18,633 thousand in 2019[79]. Cost and Expenses - Total expenses for the six months ended June 30, 2020, amounted to NT$712,250,000, a decrease of 9.7% from NT$788,925,000 in the same period of 2019[87]. - Research expenses for the six months ended June 30, 2020, were NT$527,000, down 16.1% from NT$628,000 in the same period of 2019[87]. - The company reported short-term employee benefits of NT$9,622,000 for the six months ended June 30, 2020, down 25.5% from NT$12,963,000 for the same period in 2019[112]. Financial Position - As of June 30, 2020, the total borrowings of the group amounted to approximately NT$714.22 million, down from NT$778.95 million as of December 31, 2019[20]. - The group's debt-to-equity ratio as of June 30, 2020, was approximately 91%, improved from 102% as of December 31, 2019[20]. - The company maintained a strong financial position with no purchases, sales, or redemptions of its listed securities during the period from January 1 to June 30, 2020[48]. - As of June 30, 2020, total assets decreased to NT$2,342,027 thousand from NT$2,493,789 thousand as of December 31, 2019, representing a decline of approximately 6.1%[54]. - Current assets decreased to NT$1,854,101 thousand, down from NT$2,013,887 thousand, a reduction of about 7.9%[54]. - Total liabilities decreased to NT$1,619,425 thousand from NT$1,867,551 thousand, reflecting a decrease of approximately 13.3%[56]. - The company's equity increased to NT$722,602 thousand as of June 30, 2020, up from NT$626,238 thousand as of December 31, 2019, marking an increase of about 15.4%[54]. - The company’s bank borrowings decreased to NT$436,426 thousand from NT$478,805 thousand, a reduction of about 8.8%[56]. - Trade receivables increased to NT$319,103 thousand from NT$255,569 thousand, reflecting an increase of approximately 24.8%[54]. Strategic Initiatives - The group aims to enhance operational efficiency and control costs effectively amid the challenging global business environment[8]. - The semiconductor industry is recognized as a key strategic sector, with the government prioritizing its development[8]. - The acquisition of Chongjun Technology Co., Ltd. diversified the group's product offerings and opened new revenue streams[10]. - The company is collaborating with the Industrial Technology Research Institute of Taiwan on R&D projects and enhancing its internal R&D efforts[29]. - The company is hiring new employees to manage unrenovated second-hand semiconductor manufacturing equipment and provide comprehensive solutions[29]. Shareholder Information - As of June 30, 2020, Mr. Yang holds 27,975,000 shares, representing approximately 2.79% of the total shares, and has a total interest of 682,050,000 shares, or 68.20% when including concert party interests[30]. - Major shareholder Jia Jian Development Limited holds 374,625,000 shares, accounting for 37.46% of the total shares[32]. - Ever Wealth Holdings Limited and Planeta Investments Limited hold 81,150,000 shares (8.11%) and 63,750,000 shares (6.38%) respectively[32]. - The total interest of the concert parties in the company amounts to 682,050,000 shares, representing 68.20% of the total shares[30]. Dividend Policy - The board does not recommend the payment of an interim dividend for the six months ended June 30, 2020, compared to no dividend for the same period in 2019[29]. - The company does not recommend an interim dividend for the six months ended June 30, 2020, compared to no dividend for the same period in 2019[107]. Acquisitions - The company completed the acquisition of 100% equity in Chongjun Technology for a cash consideration of NT$300,000,000, equivalent to approximately HK$75,000,000[113]. - The fair value of identifiable assets and liabilities acquired from Chongjun Technology amounted to NT$227,080,000, with goodwill of NT$72,920,000 attributed to expected synergies[114]. - If Chongjun Technology had been consolidated from January 1, 2019, the revenue for the six months ending June 30, 2019, would have been approximately NT$1,002,929,000, with a net profit of approximately NT$124,228,000[115]. Risk Management - The company has not made any changes to its risk management arrangements and policies since December 31, 2019[71]. - The company did not recognize any impairment loss provisions as of June 30, 2020, maintaining a stable credit quality[94].

Financial Performance - Total revenue for the first quarter of 2020 was approximately NT$386.18 million, a decrease of about 8.42% compared to NT$421.70 million in the same period of 2019[9]. - The group recorded a comprehensive income attributable to owners of approximately NT$57.53 million, representing a year-on-year increase of 71.34% from NT$33.57 million in 2019[9]. - Basic earnings per share for the period were NT$5.71, up from NT$3.38 in the same period last year[9]. - Gross profit for the period was approximately NT$130.16 million, an increase of 23.66% from NT$105.25 million in 2019[13]. - The gross profit margin improved to 33.70%, up from 24.96% in the same period last year, reflecting effective cost control measures[13]. - Net profit attributable to owners for the period was NT$57,066,000, representing a significant increase of 68.9% from NT$33,822,000 in the previous year[40]. - Earnings per share (EPS) rose to NT$5.71, compared to NT$3.38 in the same quarter of 2019, reflecting a 68.7% increase[40]. - Total expenses for the three months ended March 31, 2020, were NT$306,685,000, a decrease of 17.0% from NT$369,835,000 in the same period of 2019[60]. - The company incurred research expenses of NT$276,000 in Q1 2020, down from NT$385,000 in Q1 2019, indicating a reduction of 28.4%[60]. - The estimated average annual tax rate remained stable at approximately 23.6% for both 2020 and 2019[60]. Revenue Breakdown - Revenue from the integrated solutions segment was approximately NT$283.41 million, a decline of 30.59% from NT$408.33 million in 2019[10]. - Revenue from the sale of semiconductor manufacturing equipment and parts was approximately NT$102.77 million, an increase of about 668.91% from NT$13.37 million in the same period of 2019[11]. - Revenue from providing integrated solutions was NT$283,410,000, down 30.6% from NT$408,331,000 in 2019[52]. - Revenue from trading used semiconductor manufacturing equipment and parts surged to NT$102,765,000, compared to NT$13,365,000 in the previous year[52]. - Revenue from Taiwan was NT$188,196,000, a decrease of 6.4% from NT$201,038,000 in 2019[55]. - The company’s total comprehensive income for the period was NT$57,525,000, compared to NT$33,573,000 in the same quarter of 2019[40]. Market and Industry Outlook - The group aims to leverage industry development opportunities and maintain stable growth despite external challenges posed by the COVID-19 pandemic[8]. - The global semiconductor market faces uncertainty due to the COVID-19 pandemic, impacting assembly, packaging, testing, and logistics operations[14]. - Despite challenges, the semiconductor industry is expected to maintain growth in 2020, driven by increased demand for integrated circuits and wafer equipment due to 5G and AI technologies[14]. - The company anticipates opportunities for growth in its second-hand semiconductor manufacturing equipment solutions business as manufacturers upgrade their equipment[14]. - The ongoing COVID-19 pandemic remains a key factor influencing the semiconductor industry in the second half of the year, with the company closely monitoring its impact on financial and operational aspects[15]. - The pandemic has accelerated the restructuring of the semiconductor supply chain, presenting opportunities for market realignment[15]. - The company plans to continue focusing on expanding its market presence in Taiwan and exploring opportunities in international markets[45]. Corporate Governance and Shareholder Information - The board of directors did not recommend a dividend for the three months ending March 31, 2020[16]. - Major shareholders include 嘉建發展有限公司 with 374,625,000 shares (37.46%) and 台儀投資事業有限公司 with 111,300,000 shares (11.13%) as of March 31, 2020[20]. - The company holds a significant market position with a total of 682,050,000 shares (68.20%) controlled by key stakeholders[20]. - The company emphasizes its competitive edge through years of product solution expertise, strict cost management, and efficient operations[15]. - The company has adopted the corporate governance code as per GEM listing rules, with a noted deviation regarding the roles of the chairman and CEO[30]. - The audit committee, consisting of independent non-executive directors, was established to oversee the integrity of the company's financial statements[32]. - The company has confirmed compliance with trading regulations for directors from January 1 to March 31, 2020[28]. - There were no significant transactions or contracts involving directors or their associates during the reporting period[26]. - The company has not disclosed any rights to acquire shares or debt securities by directors or senior management during the reporting period[24]. - The ownership structure includes significant stakes held by individual shareholders, with Mr. Yang holding approximately 27.6% of the company[1]. - The company has not established any arrangements for directors to hold interests in shares or related securities during the reporting period[25]. Operational Insights - The company has been monitoring the impact of COVID-19 on its operations, noting that there has been no significant disruption to its business as of the report date[64]. - The company completed the acquisition of Chongjun Technology Co., Ltd. on May 16, 2019, which may influence future performance[59]. - The company recorded a decrease in employee benefit expenses to NT$62,870,000 in Q1 2020 from NT$45,500,000 in Q1 2019, which is an increase of 38.1%[60]. - The company reported a decrease in the cost of materials used, which was NT$191,666,000 in Q1 2020 compared to NT$267,821,000 in Q1 2019, a reduction of 28.4%[60]. - There were no purchases, sales, or redemptions of the company's listed securities from January 1 to March 31, 2020[37]. - The company has not granted any options under the share option scheme since its adoption on June 20, 2017[34].

Financial Performance - The company achieved record total revenue and net profit for the year, continuing a trend of profit growth for the third consecutive year since its listing on GEM in 2017[7]. - In 2019, the company's total revenue reached NT$1,908.21 million, a year-on-year increase of approximately 70.07% from NT$1,122.05 million in 2018[12]. - The company reported a net profit attributable to shareholders of approximately NT$177.31 million in 2019, soaring about 208.72% from NT$57.43 million in 2018[12]. - The gross profit margin increased to approximately 25.61% in 2019, up from 22.82% in 2018, due to significant revenue growth in the turnkey solutions segment[16]. - The turnkey solutions segment generated revenue of approximately NT$1,751.73 million in 2019, representing a year-on-year increase of about 63.67%[13]. - The semiconductor manufacturing equipment and parts trading segment recorded revenue of approximately NT$156.48 million, up about 202.48% from NT$51.73 million in 2018[15]. - The company reported a reserve available for distribution to shareholders of approximately NT$83.38 million as of December 31, 2019, compared to NT$57.50 million in 2018, representing a year-over-year increase of 45.00%[57]. Market Outlook - For 2020, the company anticipates that IoT, wireless communication, AI, and automotive production will drive revenue growth in the semiconductor industry[8]. - The semiconductor equipment and product sales in Taiwan are expected to exceed $15.4 billion in 2020, maintaining its leading position globally[8]. - The company anticipates a 5.5% growth in the global semiconductor manufacturing equipment market in 2020, reaching US$60.8 billion[17]. Strategic Initiatives - The acquisition of Chongjun Technology Co., Ltd. expanded the company's product line and supported its growth strategy[7]. - The company completed the acquisition of Chongjun Technology in May 2019, diversifying its product offerings and expanding revenue sources[13]. - The company plans to continue investing in technology innovation and product development to meet increasing market demand[8]. - The company plans to enhance its R&D capabilities and expand its workforce to meet increasing market demand for semiconductor products and equipment[18]. Corporate Governance - The management team includes experienced professionals with backgrounds in engineering, finance, and corporate governance[38][39][41][42]. - The company is committed to enhancing its corporate governance practices through the involvement of independent directors[39][41]. - The board of directors includes independent non-executive members with extensive experience in accounting and corporate finance[39][41][42]. - The company has established a written guideline for securities trading by employees to prevent insider trading, ensuring compliance with regulations[109]. - The company has established a shareholder communication policy to ensure effective response to shareholder concerns and opinions, which is regularly reviewed for effectiveness[176]. Risk Management - The company has a strong focus on risk management, with key personnel involved in overseeing this area[36]. - The risk management committee reviewed the adequacy and effectiveness of the group's risk management and internal control systems for the year ended December 31, 2019[134]. - The company has implemented multiple risk management procedures and guidelines across its main business functions, including project management and financial reporting[153]. Employee Welfare - The company emphasizes employee welfare, with nearly 90% of employees being regular hires and 10% on contracts[189]. - Health insurance is provided to all employees, including coverage for their family members, as part of the company's benefits[191]. - The total training hours completed by employees reached 685 hours during the reporting year[193]. - The company mandates that all technical engineers and management personnel receive adequate training related to semiconductor manufacturing equipment[193]. Environmental Responsibility - The company has implemented measures to ensure compliance with environmental regulations, focusing on air, water, waste, and noise pollution[180]. - Nitrogen oxide emissions decreased to 18.32 kg in 2019 from 30.28 kg in 2018, a reduction of approximately 39.8%[187]. - Total greenhouse gas emissions reduced to 443.83 tons CO2 equivalent in 2019 from 455.09 tons in 2018, a decrease of about 2.5%[187]. - The company actively utilizes packaging materials to reduce waste, leading to a significant reduction in reported usage of packaging materials[183]. Shareholder Relations - The company emphasizes the importance of effective communication with shareholders to strengthen investor relations and understanding of business performance and strategy[175]. - The board will review the dividend policy periodically, with no predetermined payout ratio established[176]. - The company has adopted a dividend policy effective from January 1, 2019, which outlines principles for declaring and distributing dividends based on financial performance, cash flow, and other relevant factors[176].

Financial Performance - For the nine months ended September 30, 2019, the company recorded total revenue of approximately NT$1,417.15 million, a 67.08% increase compared to NT$848.20 million in the same period of 2018[12]. - The company's net profit attributable to owners for the period was approximately NT$140.09 million, representing a significant increase of 281.90% from NT$36.68 million in the same period of 2018[8]. - Basic earnings per share for the period were approximately NT$0.1399, compared to NT$0.0349 in the same period of 2018[12]. - The gross profit for the nine months ended September 30, 2019, was NT$363,552 thousand, representing a gross margin of approximately 25.6% compared to 16.0% in the previous year[49]. - The total comprehensive income for the nine months ended September 30, 2019, was NT$140,087 thousand, compared to NT$36,682 thousand for the same period in 2018, marking an increase of 282.5%[51]. - The net profit for the nine months ended September 30, 2019, was NT$165,803 thousand, compared to NT$72,195 thousand for the same period in 2018, indicating a significant increase of 129.0%[51]. - Revenue for the three months ended September 30, 2019, reached NT$468,557,000, a significant increase from NT$167,507,000 in the same period of 2018, representing a growth of 179%[67]. Revenue Sources - The revenue from the company's integrated solutions amounted to approximately NT$1,327.38 million, up 62.71% from NT$815.82 million in the same period of 2018[9]. - Revenue from the sale of semiconductor manufacturing equipment and parts reached approximately NT$89.76 million, a 177.19% increase from NT$32.38 million in the same period of 2018, accounting for about 6.33% of total revenue[10]. - The group's revenue from semiconductor solutions and equipment sales increased, with Taiwan accounting for approximately 60.12% of related business revenue[13]. - For the nine months ended September 30, 2019, the total revenue from providing integrated solutions and trading second-hand semiconductor manufacturing equipment and parts was NT$1,327,381 thousand, representing a 62.6% increase from NT$815,816 thousand in the same period of 2018[65]. Market Trends - The semiconductor industry is experiencing a recovery trend, with significant growth in equipment procurement in Taiwan, driven by the commercialization of 5G technology[7]. - The company anticipates a surge in demand for semiconductor products related to 5G, IoT, VR, and AR in the coming year[7]. - Semiconductor equipment sales in Taiwan reached US$3.81 billion in Q1 2019, a 36% quarter-on-quarter increase and a 68% year-on-year increase, making it the largest semiconductor equipment market globally[14]. Acquisitions and Growth Strategies - The company completed the acquisition of all shares of Chongjun Technology Co., Ltd. in May 2019, diversifying its product offerings and expanding revenue sources[9]. - The group completed the acquisition of Chongjun, expanding its industry scale and product line, leading to a continuous increase in order volume[17]. - The group plans to leverage growth opportunities in the semiconductor industry driven by 5G technology and emerging fields[17]. Cost Management and Profitability - The company has implemented strict cost control measures, contributing to improved profitability during the period[8]. - The company's sales cost for the period was approximately NT$1,053.59 million, an increase from NT$712.02 million in the same period of 2018, primarily due to increased orders[12]. - Gross profit for the group was approximately NT$363.55 million, with a gross margin increase of 9.60% to 25.65% compared to the same period last year[13]. Shareholder Information - As of September 30, 2019, Mr. Yang holds 27,975,000 shares, representing approximately 2.79% of total shares, and has a beneficial interest in 654,075,000 shares, which is 65.41%[29]. - Major shareholder Jia Jian Development Limited owns 374,625,000 shares, accounting for 37.46% of total shares[31]. - The company has a total of 682,050,000 shares held by a group of controlling shareholders, representing 68.20% of total shares[31]. - The company has a significant portion of its shares held by independent third parties, primarily employees of its subsidiary, Jingyang Technology[35]. Corporate Governance - The company has adopted the corporate governance code as per GEM Listing Rules, with a commitment to high standards of corporate governance[42]. - The audit committee has reviewed the unaudited consolidated financial results for the nine months ended September 30, 2019, ensuring compliance with applicable accounting standards and GEM Listing Rules[44]. - The company has established written guidelines for employees regarding securities trading to prevent any potential insider trading incidents[40]. Employee Information - The group employed approximately 139 full-time employees as of September 30, 2019, with competitive salary reviews and additional employee benefits[26]. Tax and Financial Reporting - The estimated average annual tax rate for the fiscal year is approximately 23.6%, up from 20% in the previous year[71]. - The company adopted the Hong Kong Financial Reporting Standard 16 "Leases" effective January 1, 2019, which resulted in the recognition of lease liabilities amounting to NT$12,787 thousand for non-current assets and NT$5,271 thousand for current liabilities[62]. Dividends - The board did not recommend any dividend payment for the nine months ended September 30, 2019[27]. - The company declared dividends amounting to NT$39,240 thousand during the nine months ended September 30, 2019[51].

Financial Performance - The group recorded total revenue of approximately NT$948.59 million for the six months ended June 30, 2019, representing a year-on-year increase of approximately 39.36% from NT$680.69 million in the same period of 2018[10]. - The comprehensive income attributable to the owners of the company was approximately NT$111.63 million, compared to NT$35.40 million in the same period of 2018, marking an increase of 2.15 times[10]. - The basic earnings per share were NT$11.06 cents, up from NT$3.39 cents in the same period of 2018, indicating strong growth in profitability[10]. - Revenue from the turnkey solutions segment was approximately NT$916.59 million, a year-on-year increase of about 38.80% from NT$660.39 million[11]. - Revenue from the sale of semiconductor manufacturing equipment and parts was approximately NT$32.00 million, representing a year-on-year increase of approximately 57.54% from NT$20.31 million[12]. - The group's gross profit was approximately NT$259.27 million, up from NT$102.79 million in the same period of 2018, with a gross margin increase of 12.23% to 27.33%[15]. - Net profit attributable to owners for the six months was NT$110,580,000, a significant increase of 225.5% compared to NT$33,945,000 in 2018[53]. - Total revenue for the six months ended June 30, 2019, was NT$948,588,000, a 39.4% increase from NT$680,692,000 in the same period of 2018[85]. - Basic and diluted earnings per share for the period were NT$11.06, compared to NT$3.39 in the same period of 2018, marking a 226.5% increase[53]. Acquisitions and Expansion - The group completed the acquisition of 100% of the shares of Chongjun Technology Co., Ltd. in May 2019, diversifying its product offerings and opening new revenue streams[11]. - The acquisition of Chongjun Technology Co., Ltd. was completed on May 16, 2019, following approval at a special shareholders' meeting on April 17, 2019[25]. - The acquisition of Chongjun was completed on May 16, 2019, for a cash consideration of NT$300 million (approximately HK$75 million), with acquisition-related costs of NT$15,008,000 included in general and administrative expenses[119]. - Revenue generated by Chongjun from May 16, 2019, to June 30, 2019, was approximately NT$32,456,000, with a net profit of about NT$6,486,000 during the same period[123]. - If Chongjun had been consolidated from January 1, 2019, the pro forma revenue would have been approximately NT$1,002,929,000, and the pro forma net profit would have been about NT$124,228,000[123]. Market Conditions and Challenges - The semiconductor industry faced challenges due to U.S.-China trade negotiations and weak smartphone demand, but opportunities arose from the rise of AI and 5G technologies[9]. - The overall semiconductor market sales data declined to levels similar to the previous year, but the group capitalized on new development spaces and investment opportunities[9]. - The semiconductor industry is expected to see mid-term growth driven by the introduction of 5G wireless technology and next-generation smart vehicles[16]. Financial Position and Liabilities - The total borrowings of the group as of June 30, 2019, were approximately NT$798.54 million, compared to NT$446.89 million as of December 31, 2018, resulting in a debt-to-equity ratio of approximately 115%[19]. - The company's net debt-to-equity ratio was approximately 115% as of June 30, 2019, compared to 34% on December 31, 2018[81]. - Current liabilities decreased to NT$1,696,651,000 from NT$1,953,930,000, a reduction of 13.1%[56]. - Total bank borrowings increased to NT$798,544,000 as of June 30, 2019, compared to NT$446,891,000 as of December 31, 2018, an increase of approximately 78.7%[108]. - The interest rates on bank borrowings ranged from 1.75% to 3.93% as of June 30, 2019, compared to 1.80% to 4.33% as of December 31, 2018[110]. Corporate Governance and Shareholding - Major shareholders include Kai Jian Development Co., holding 374,625,000 shares (37.46%), and Ever Wealth Holdings Limited, holding 81,150,000 shares (8.11%) as of June 30, 2019[35]. - The total number of shares held by major shareholders and concert parties amounts to 682,050,000 shares, representing 68.20% of the total shares[35]. - The company is committed to high standards of corporate governance to protect the interests of its shareholders[46]. - The company has established an audit committee to oversee financial reporting and risk management practices[47]. - The board of directors did not recommend the payment of an interim dividend for the six months ended June 30, 2019, compared to no dividend for the same period in 2018[31]. Research and Development - The group has allocated NT$46.5 million for the expansion of its headquarters, NT$51.6 million for repaying bank loans, and NT$9.7 million for research and development[29]. - Research and development expenses for the period were NT$628,000, compared to NT$515,000 in 2018[95]. Cash Flow and Assets - Cash and cash equivalents at the end of the period were NT$107,092,000, down from NT$281,849,000, indicating a decrease of 62.0%[60]. - Operating cash flow for the six months was negative NT$260,254,000, compared to negative NT$101,366,000 in the previous year[60]. - The company incurred NT$214,607,000 in cash outflow for the acquisition of a subsidiary during the period[60]. - Total assets as of June 30, 2019, were NT$2,599,975,000, compared to NT$2,547,600,000 at the end of 2018, reflecting a 2.1% increase[55]. Lease and Accounting Policies - The group adopted HKFRS 16 "Leases" effective from January 1, 2019, with no significant impact on consolidated performance and financial position[67]. - The group recognized lease liabilities of TWD 12,787,000 as of January 1, 2019, with current lease liabilities of TWD 5,271,000 and non-current lease liabilities of TWD 7,516,000[70]. - The total value of right-of-use assets was TWD 10,112,000 as of June 30, 2019, down from TWD 12,787,000 on January 1, 2019[72]. - The group has chosen not to reassess contracts to determine if they contain leases upon initial application of HKFRS 16[73]. - The group recognizes short-term leases (12 months or less) and low-value asset leases on a straight-line basis in profit or loss[76].

Financial Performance - The group recorded total revenue of approximately NT$421.70 million for the three months ended March 31, 2019, representing a year-on-year increase of approximately 143.07% from NT$173.49 million in the same period of 2018[8]. - The group achieved a comprehensive income attributable to owners of approximately NT$33.57 million, compared to a loss of approximately NT$1.36 million in the same period of 2018[12]. - The basic earnings per share for the company was approximately NT$3.38, a significant increase from NT$0.02 in the same period of 2018[12]. - The group’s gross profit was approximately NT$105.25 million, with a gross profit margin of 24.96%, up from 18.70% in the same period of 2018[12]. - Revenue for the three months ended March 31, 2019, was NT$421,696,000, a significant increase of 143.5% compared to NT$173,491,000 in the same period of 2018[36]. - Gross profit for the same period was NT$105,254,000, up from NT$32,446,000, reflecting a gross margin improvement[36]. - Net profit attributable to owners for the period was NT$33,822,000, compared to NT$232,000 in the first quarter of 2018, marking a substantial increase[36]. - Basic and diluted earnings per share for the first quarter of 2019 were NT$3.38, compared to NT$0.02 in the previous year[36]. Revenue Breakdown - Revenue from the integrated solutions segment was approximately NT$408.33 million, compared to NT$164.13 million in the same period of 2018, reflecting a growth of approximately 148.67%[9]. - Revenue from the sale of semiconductor manufacturing equipment and parts was approximately NT$13.37 million, an increase of approximately 42.84% from NT$9.36 million in the same period of 2018[10]. - Revenue from providing integrated solutions reached NT$408,331,000, up 148.5% from NT$164,131,000 in the previous year[50]. - Revenue from the sale of used semiconductor manufacturing equipment and parts increased to NT$13,365,000, a rise of 42.5% from NT$9,360,000 in 2018[50]. - The company's major customer contributed NT$147,191,000, accounting for over 10% of total revenue, while another significant customer contributed NT$102,274,000[54]. Market and Industry Insights - The semiconductor industry is expected to benefit from the rise of AI, IoT, and 5G technologies, providing more development space and investment opportunities[7]. - The group noted a substantial increase in revenue from international clients, with revenue from China and Singapore markets rising approximately 3.27 times and 2,323.41 times, respectively[9]. - China is the largest semiconductor consumption market globally, driven by strong demand in smartphones, tablets, consumer electronics, automotive electronics, blockchain, smart surveillance, and AI[13]. - The demand for semiconductor materials and equipment is expected to continue increasing, driven by new market opportunities such as ADAS and IoT[13]. - The semiconductor industry is expected to focus on diversification and integration with emerging fields over the next three years, along with mergers and joint ventures[14]. Strategic Initiatives - The group actively sought collaboration opportunities and enhanced internal cost control, leading to a significant increase in revenue and a turnaround from loss to profit[7]. - The company aims to capture more new orders and expand its customer base by leveraging the booming semiconductor market and actively seeking acquisition targets[14]. - The company has initiated an expansion project at its Taiwan headquarters to enhance production capacity and meet the increasing market demand for semiconductor products and equipment[14]. - The company plans to expand its market presence, particularly in Taiwan, Singapore, and China, where revenue contributions were NT$201,038,000, NT$102,274,000, and NT$89,588,000 respectively[52]. - A resolution for the proposed acquisition of Chongjun Technology Co., Ltd. was approved at the company's special shareholders' meeting on April 17, 2019[61]. Corporate Governance and Shareholding - Major shareholders include Jia Jian Development Co., holding approximately 37.46% of shares, and Ever Wealth Holdings Limited, holding about 8.11%[18]. - The company’s board members and executives hold significant stakes, with Yang Ming-Hsiang owning 68.20% through concerted action[16]. - The company reported a 27.6% equity ownership by Mr. Yang, with other significant shareholders including Ms. Wei at 10.2% and Mr. Fan at 10.7%[1]. - Ever Wealth has a 28.0% equity stake held by Mr. Yang, with Ms. Wei and Mr. Lin holding 4.8% and 20.7% respectively[2]. - Planeta's ownership includes Mr. Yang at 28.5%, Mr. Lin at 17.8%, and Mr. Fan at 10.7%[3]. - The company has not engaged in any transactions or arrangements involving significant interests from directors or related entities since its listing date[4]. - The company has adopted the corporate governance code as per GEM listing rules, with a noted deviation regarding the roles of the chairman and CEO[29]. - The audit committee, established on June 20, 2017, includes independent non-executive directors and is responsible for overseeing financial reporting integrity[30]. - The company has not granted any options under the share option scheme since its adoption on June 20, 2017[32]. - There were no reported interests in competing businesses by directors or major shareholders during the reporting period[23]. - The company confirmed compliance with trading regulations for directors from January 1 to March 31, 2019[27]. Operating Expenses and Financial Position - Operating expenses, including selling and distribution expenses, totaled NT$53,529,000, up from NT$4,506,000 in the previous year[36]. - Operating expenses for the three months totaled NT$367,000,000, compared to NT$157,000,000 in the same period last year, reflecting a 133.5% increase[55]. - Total equity as of March 31, 2019, was NT$521,743,000, an increase from NT$467,335,000 at the end of the previous year[38]. - The company reported a net other comprehensive loss of NT$249,000 due to exchange differences, compared to a loss of NT$1,589,000 in the same period last year[36]. - The estimated average annual tax rate for the period was approximately 23.6%, up from 20% in the previous year[57]. - The company adopted new accounting standards effective January 1, 2019, which may impact future financial reporting[46]. - The company is primarily engaged in providing integrated solutions and trading of used semiconductor manufacturing equipment and parts[40]. - The company is listed on the GEM of the Hong Kong Stock Exchange, indicating its commitment to transparency and regulatory compliance[41].

Financial Performance - The company reported a revenue of approximately NT$11.2205 billion for 2018, with a total comprehensive income attributable to owners of approximately NT$574.3 million, representing a year-on-year increase of 66.17% from NT$345.6 million in 2017[8]. - The net profit margin increased to approximately 4.96% in 2018, up from 3.0% in 2017, with basic earnings per share at NT$5.56 compared to NT$4.32 in the previous year[8]. - The net profit for the year was significantly impacted by external factors such as the US-China trade friction and global economic slowdown, yet the company managed to leverage market demand for semiconductors[8]. - Net profit attributable to shareholders increased by approximately 66.17% to NT$57.43 million in 2018, compared to NT$34.56 million in 2017, with a net profit margin rising to about 4.96%[14]. - The company's gross profit was approximately NT$256.09 million, with a gross margin of about 22.82%, up from 19.15% in 2017[20]. - Revenue from the turnkey solutions segment was approximately NT$1,070.32 million, down from NT$1,193.58 million in 2017 due to timing differences in revenue recognition[15]. - Revenue from the sale of semiconductor manufacturing equipment and parts increased by approximately 15.49% to NT$51.73 million in 2018, compared to NT$44.79 million in 2017[18]. - The company recorded total revenue of approximately NT$1,122.05 million in 2018, a decrease of about 9.39% compared to NT$1,238.37 million in 2017[19]. Market Expansion and Growth Opportunities - The company has expanded its market presence from Taiwan to countries including China, Japan, South Korea, Singapore, the United States, and Europe, with international customer revenue continuously increasing[10]. - Future growth is anticipated due to the introduction of innovative technologies such as 5G, IoT, smart vehicles, VR, and AR, which are expected to drive significant growth in the semiconductor industry[10]. - The company plans to actively seek development opportunities and upgrade production capacity to enhance profitability[10]. - The company plans to seek growth opportunities through acquisitions and market expansion, particularly in the Chinese semiconductor market, which is driven by strong demand for consumer electronics and government support[22]. - The company aims to enhance its competitiveness through technology upgrades and has received recognition for its market expansion efforts, including awards from industry organizations[14]. - The semiconductor industry is expected to benefit from the commercialization of 5G technology, with opportunities in IoT, AI, and automotive electronics anticipated to drive growth[22]. - The company has initiated an expansion project at its Taiwan headquarters to enhance production capacity in response to increasing demand for semiconductor products and equipment[23]. - The acquisition of all shares of Chongjun Technology Co., Ltd. is expected to diversify the company's business and product types, strengthen financial conditions, and reduce risks from market fluctuations[23]. Awards and Recognition - The company received the "2018 Market Development Award" from the Hong Kong Chinese Importers and Exporters Association, recognizing its outstanding performance in market expansion[10]. - The company has been recognized for its excellent business development and financial performance, winning the "Outstanding Listed Company Award - GEM" for two consecutive years[10]. Corporate Governance and Compliance - The board of directors proposed a final dividend of HK$0.01 per share for the year ended December 31, 2018[35]. - The company has complied with applicable laws and regulations, with no known violations affecting operations as of December 31, 2018[53]. - The company has established a disclosure policy to guide directors and senior management in handling confidential information and responding to inquiries[163]. - The company has implemented monitoring measures to prohibit unauthorized access to and use of internal information[164]. - The company has a shareholder communication policy to ensure proper handling of shareholder opinions and concerns, which is regularly reviewed for effectiveness[180]. - The company has adopted a dividend policy that allows the board to declare dividends at their discretion based on various factors, including financial performance and cash flow[180]. - The board has emphasized the importance of sustainable development as a foundation for business success and has conducted a comprehensive risk management assessment related to environmental, social, and governance issues[182]. Environmental and Social Responsibility - The total greenhouse gas emissions for the year ended December 31, 2018, amounted to 455.09 tons of CO2 equivalent[191]. - The total energy consumption was recorded at 3,033.69 gigajoules, with an energy consumption density of 2.70 gigajoules per million NTD revenue[191]. - The total water consumption was 1,164.00 cubic meters, with a water consumption density of 1.04 cubic meters per million NTD revenue[191]. - The total amount of waste managed by third-party waste disposal operators was 49,255 kilograms[187]. - The company reported nitrogen oxide emissions of 30.28 kilograms and sulfur oxide emissions of 0.03 kilograms for the year 2018[191]. - The company has implemented a rainwater collection system across various facilities to enhance resource efficiency[190]. - The company emphasizes a zero-tolerance policy towards any violations of local environmental laws[184]. - The company has adopted measures to reduce packaging material usage, resulting in a significant decrease in reported packaging material consumption[187]. - The company has a strong commitment to employee welfare, providing competitive compensation and various benefits[192]. - The company adheres to strict anti-discrimination policies in the workplace, ensuring equal opportunities for all employees[193]. Employee and Management - The company employed approximately 138 employees as of December 31, 2018, an increase from 131 employees in 2017[30]. - Employee costs amounted to NT$187 million in 2018, up from NT$156 million in 2017, reflecting a year-on-year increase of approximately 19.87%[100]. - All employees are required to undergo health checks every two years as part of the occupational health and safety management plan[195]. - The group implements a weekly inspection of operational facilities to ensure compliance with health and safety standards[196]. - A minimum of three hours of training is required for existing employees based on their respective job scopes[196]. - The group has established a strict supplier selection process based on price, delivery performance, quality, and capacity[199]. - The group emphasizes continuous learning and development, providing various training programs for employees of different qualifications[196]. - The group has implemented a "6S" approach focusing on internal management systems to enhance health and safety[194]. - No significant labor disputes or violations affecting the group's reputation were reported during the reporting year[198].