Chairman Shen Shang-hung of Ta ya Group stated that in 2024, amidst global volatility, the group continued to deepen its core business and expand its green energy presence, driving growth through the "3E Strategy": Emerging, Energy, and ESG.
Ta Ya (1609) held its Annual General Meeting (AGM) today (May 23), where shareholders approved a dividend of NT$0.9 per share, consisting of NT$0.75 in cash and NT$0.15 in stock. With an Earnings Per Share (EPS) of NT$2.09, the dividend payout ratio reached 43.06%.
Chairman Shen noted that while consolidating its wire and cable business, Ta Ya is also exploring new venture capital opportunities to accelerate the achievement of its 2050 net-zero emissions goal. Adhering to the philosophy of "Seeking Progress Amidst Change," the group aims to provide a stable force supporting Taiwan's energy transition, fulfilling its vision of an eco-friendly environment and a "Beautiful Home."
Reflecting on the past year, despite global political and economic volatility, Ta Ya Group has maintained stable operations and pioneering R&D to consistently meet the demands of major domestic infrastructure and green energy projects. Annual revenue grew by 13.8%, surpassing NT$30 billion, with total sales reaching 55,230 metric tons. Concurrently, the Group continued its R&D investment to meet market needs, deepening its renewable energy portfolio and fulfilling its commitment to environmental sustainability.
The Group has long been dedicated to enhancing the technology and quality of its wire and cable products, ensuring a stable supply for the solar-plus-storage and automotive markets. Simultaneously, it has expanded into overseas markets including Japan, India, and Southeast Asia. Currently, Ta Ya operates 73 solar power plants with a total installed capacity of 207MW. In response to shifts in the Chinese market, the Group strengthened resource allocation and improved operational efficiency following the strategic closure of its Kunshan base.
In terms of Corporate Social Responsibility (CSR), Ta Ya has actively promoted environmental education and public welfare through the Ta Ya Great Home Foundation. Notable initiatives include the "Alangyi Waste Reduction Pioneer Group" beach cleanup, the "Green Gathering" sustainability selection, and various environmental advocacy events, involving nearly 300 participants. The "Old House Electrical Safety Check" service supported 54 households across Taiwan. Additionally, the Group demonstrated its commitment to giving back to society through cable donations, rice procurement, and support for local education and arts.
Looking ahead to 2025, the Group’s dual-axis strategy will focus on wire & cable and green energy to seize new market opportunities. Solar power capacity is projected to reach 250MW, with steady development in projects such as the fishery-solar symbiosis site in Mailiao, Yunlin. Energy storage projects are also set to go online; Ta Ya Energy Storage Technology's Longjing Phase I (Zhi-Pu, 100MW) and Phase II (Da-Xu, 75MW) in Taichung are expected to launch in 2025 and 2026, respectively. Both projects will integrate with Taipower's E-dReg (enhanced dynamic Regulation) frequency reserve service to generate stable electricity sales revenue. Aligning with the government’s Forward-Looking Infrastructure and Resilient Grid Construction Plan, Ta Ya will utilize its Taipower-certified products to aggressively expand its market share while continuing to develop its decarbonization blueprint and renewable energy applications toward a net-zero transition.
As it approaches its 70th anniversary, Ta Ya will not only deepen its core business and financial stability but also invest in startups across AI, 5G, and healthcare to accumulate cross-domain resources. Taking the responsibility of being a "Promoter of an Eco-friendly Environment and a Beautiful Home," the Group is marching toward its goal of becoming an enterprise trusted by shareholders and society alike.
(Source: Ta Ya Group Press Release)