1.Continuous Expansion Since Inception in 1993 Taiwan developed its high-tech industries in the 1990s. With more than 20 years of experience in the electrical industry and good investment vision, Chairman Lin founded Cheng Mao Co., Ltd. in 1993, as he foresaw a great potential for Taiwan’s sheet metal industry. In order to manufacture high precision and high quality sheet metal enclosures, he imported the most advanced sheet metal processing equipment from Japan and German at great cost to provide services to the customers. Forward Planning and Continuous Progress Deep Roots in Taiwan; Focus on Quality Taiwan’s economic development was not without drawbacks. In the face of the many small and medium enterprises that have moved to China, Cheng Mao was faced with a choice. Chairman Lin was convinced that the Company’s core competitiveness lies in its focus on quality and services, so he chose to remain rooted in Taiwan. Because of this, one after another well-known technology companies set up plants in Tainan Science-based Industrial Park and Lu-Chu Science-based Industrial Park. Cheng Mao’s high-quality market strategies enabled it to quickly meet customer satisfaction. Rapid Expansion of Professionals and Plants; Diverse Services Due to the increased number of companies and plants in Tainan Science-based Industrial Park and Lu-Chu Science-based Industrial Park and customers, the Company’s product R&D and service has become diversified. The Phase 2 Plant Expansion Plan was launched, thereby expanding the plant area expanded to 2314m². Meanwhile, in order to strengthen its technical upgrades, expensive sophisticated equipment, such as laser machines and CNC brakes from Japan, were purchased. Forward Planning and Uninterrupted Progress In the face of competition from China that engages in cheap and low-cost production, Cheng Mao has faced the changing situation through intensive cultivation. In 2004, a three-year development targeting three aspects including: talent recruit, technical upgrade and organization-wide breakthrough was developed as counter measures in the face of the competition. In 2005, the Company saw the trend and took a bold approach. It purchased a plant measuring 3966 m² in area to implement its Phase 3 plant expansion plan. In terms of employees, it has actively recruited premium talents. The purpose of the present 3D talent training is a business strategy developed in response to the customer-oriented business undertakings and provision of better services to customers.   2.Credibility is the most important business philosophy for Cheng Mao, as this philosophy has made Cheng Mao realize its responsibility and obligation to the customers and employees. Because of this faith for people, Cheng Mao has achieved stable growth in this time of change. (1)Customer-driven Growth Cheng Mao’s sustainable growth comes from uninterrupted customer demands. Therefore, Cheng Mao attaches great importance to customers’ needs for timely delivery and quality service. Cheng Mao has always adhered to the business creed of “completing the mission.” (2)Staff development-driven Periodic training, comprehensive service, and promotions have always kept us going. (3)Emphasis on the long-term strategies and pursuit of sustainable development Cheng Mao takes future planning one step at a time. Even in the face of competitors that engage in low-cost and cheap production, Cheng Mao has vision and focuses on improving its product quality and the speed of customer service. The Company demonstrates that endurance, determination, and precise strategies are the paths toward sustainable development. (4)Persistence on quality and service and constant improvement Quality improvement and customized long-term strategies have always been the company’s focus. We endeavor to stay updated, because it is only through constant improvement of quality and customized services can the Company meet customers’ needs and have the strength to support future undertakings. Cheng Mao is committed to “Be the Best of the Best” for its customers.