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11.01 2022

Patrick Fan, Chairman of EPISTAR Honored with One of Taiwan's Outstanding Entrepreneurs of 2022 Golden Merchant Awards

EPISTAR, a subsidiary of Ennostar Inc., is a global leading supplier of LED epitaxial wafers and chips. This year, for the first time, EPISTAR participated in the Golden Merchant Award held by the General Chamber of Commerce of the Republic of China, and Chairman of EPISTAR, Patrick Fan, was honored with one of Taiwan's outstanding entrepreneurs of 2022 Golden Merchant Awards. The General Chamber of Commerce of the Republic of China is the highest-level business organization in Taiwan. Every year on November 1, Entrepreneur’s Day, the Golden Merchant Business Awards are granted to excellent companies and elite leaders in various industries after rigorous selection and evaluation. The awards program is well known in Taiwan and highly valued by the government, and is hailed as the “Oscars for the business sector.” After nearly 30 years of devoting time and effort to Taiwan, EPISTAR has earned significant recognition as the standout among the crowd of competitors. In the future, the company will continue to strive for the goal of “Actualize LED Potential” and accomplish great achievements in the global technology industry!

EPISTAR, established in 1996, partnered with Lextar in 2021 to jointly establish Ennostar Inc. (3714) through an exchange of shares. The company is committed to becoming the No.1 investment platform for compound semiconductors. As one of the major subsidiaries of Ennostar Inc., EPISTAR specializes in the design and manufacture of LED epitaxial wafers and chips. In 2021, under the leadership of Chairman Patrick Fan, the total import and export revenue reached US$751,813,491, an 83% increase over the 2020 revenue of US$410,234,142.

Since its establishment, EPISTAR, with its continued commitment to delivering high-quality products, has been striving to exceed customer expectations. Through “ Co-activation Service Model”, the company cooperates with customers to design and develop products to improve performance, solve practical problems, and realize the ideal product features for customers. In addition, the company, with its outstanding research and development skills, has partnered with several international brands to replace not eco-friendly lights with LED successfully, such as phone keypad lights, notebook and TV backlight, with LEDs in a large number of terminal products. In 2021, the company successfully delivered Mini LED products of high quality and efficiency in cooperation with the customers to enhance their visual experience.

In recent years, EPISTAR has moved away from the low-pricing strategy traditionally adopted in the LED industry. It has deployed next-generation display technology—Micro LED—gathering Ennostar group’s technological momentum and investing substantial resources in display, sensing, automotive, and metaverse applications. Considering the long-term operational needs, EPISTAR constructed several factory bases in 2022 to prepare for the mass production of Micro LED in the upcoming years.

As a global citizen, EPISTAR has been implementing a sustainable corporate policy for many years. In addition to promoting a circular economy, EPISTAR is committed to developing more energy-efficient products. Furthermore, the company has been actively practicing environmental, social, and governance (ESG) growth along with its group partners since the establishment of Ennostar Inc. EPISTAR will continue its efforts in corporate governance, social services, and environmental conservation in the future, and strengthen its corporate resilience to build an irreplaceable market position.