Acter Group Co., Ltd. (hereinafter “Acter*”, Ticker: 5536 TT) announced July 2023 revenue. On a consolidated basis, the group’s July 2023 revenue fell 9% MoM, 32% YoY, respectively to NT$1.92 billion. The accumulated revenue for the first seven months of 2023 slightly decreased by 6%, reaching NT$13.89 billion. In 2023, despite facing uncertain operating environment, Acter* took a proactive approach by strengthening communication and understanding with its customers. This enabled the company to better comprehend their expectations and challenges and reflect them in its project solutions. Cost control became an essential strategy for Acter*. Through collaboration with suppliers, the company optimized the procurement process, reducing purchasing costs without compromising material quality. This measure allowed the group to offer more competitive engineering services in a fiercely competitive market, winning more project bidding opportunities. Moreover, the company continued to enhance internal staff training and professional knowledge, improving the efficiency and collaboration capabilities of its construction teams. These efforts have ensured a steady improvement in project execution and helped the group secure new orders in the past few months.

2023 Outlook:

In mainland China, despite short-term semiconductor market fluctuations, the mid to long-term outlook remains optimistic. In addition to continuous investments in mature semiconductor manufacturing process, the third-generation semiconductors have broad application prospects in fields such as military, aerospace, communications, energy, and electric vehicles. Apart from China's significant investment of CNY 10 trillion in developing third-generation semiconductors, Taiwan will also launch its plan for third-generation semiconductors, with the goal of achieving localization by 2024. These investments will continue to generate new order opportunities for Acter*'s. Furthermore, the global supply chain restructuring, vast market opportunities, rapid economic growth, preferential policies, developing infrastructure, and technological innovation are attracting various industries to invest in Southeast Asia. Acter* has subsidiaries in all of these regions, engaging in localized operations and carrying on the legacy of Taiwan's experience, enabling the subsidiaries to rapidly establish comprehensive systems and technologies. This has provided advantages for Acter*'s in bidding new projects. In Taiwan, while project growth momentum may slow down due to a high base period, Taiwan remains a significant manufacturing and research and development center for crucial high-tech industries such as semiconductors, electronics, information technology, electronic components, and optoelectronics globally. Customers will continue to invest, presenting Acter* with new opportunities. Moreover, accumulated backlog has exceeded NT$30 billion, which is sufficient to support the group’s operation for 1-2 years.

Sustainable management has always been Acter's* goal, and through systematic integration, the company has invested resources in three major sustainable development pillars: environmental sustainability, mutual prosperity between generations, and value co-creation. We closely align our business operations with the United Nations Sustainable Development Goals (SDGs), envisioning our operational aspirations and steadily advancing. In terms of corporate governance, Acter* is one of the few over-the-counter companies that has consistently remained in the top 5% of corporate governance evaluations for eight consecutive years. Looking ahead, Acter* will closely integrate ESG strategies and align with international development trends, upholding the spirit and courage of sustainable management. Embracing opportunities and taking responsibility, we will create customer demand by providing greener products, collaborating with customers to achieve carbon neutrality goals."

*The number is unaudited.

Acter* Monthly Sales (July 2023)：                         

Unit: NTD thousand；%

IR Contact:

Acter Assistant Vice President  Miss Tsao  (04)2261-5288  IR@acter.com.tw

IPR Advisors   Tim Chen   (02)2758-0339  ir@ipradvisors.com