▶️Letter from the CEO
Seeking Progress while Maintaining Stability: Reshaping the Future Amidst a Changing Landscape — A Commitment to the Next Two Decades.
Dear Stakeholders, Partners, and Colleagues,
Bridging the Past and the Future: Responsibility and Reflection on our 20th Anniversary
The year 2025 marks a pivotal turning point for WPG Holdings as we celebrate the significant milestone of our 20th anniversary. In Eastern culture, the age of twenty is known as "Ruoguan" (Coming of Age), symbolizing the transition into adulthood where one begins to shoulder
greater responsibilities and face a wider world. Looking back, we are deeply grateful to our upstream and downstream partners for their trust and tolerance, which have accompanied WPG from its early stages to the scale we see today.
However, amidst geopolitical volatility, supply chain restructuring, the accelerated penetration of AI technology, and the challenges of energy and environmental issues, the global rules of engagement are being rapidly rewritten. We are acutely aware that pursuing scale alone is unsustainable, and chasing speed without caution leads to disorder. Therefore, at this cyclical inflection point, we have chosen a strategy not of reckless expansion, but of "Seeking Progress while Maintaining Stability." We aim to maintain our composure amidst uncertainty and accumulate strength within a changing landscape, laying a truly sustainable foundation for the next twenty years.
Organizational Evolution: From "Seven to Four" to "Four to Two"
WPG is no stranger to transformation. Following the successful "Seven to Four" transition in 2013, we officially launched a next-generation organizational design in 2025—the "Four to Two, Dual-Core Engines" model—which is scheduled to be fully operational by 2026.
This transformation is more than just a resource consolidation; it is designed to achieve client-centric cross-regional support, ensuring our services remain seamlessly integrated as operations shift geographically. Beyond efficiency, the primary goal is to build long-term resilience. By redesigning our operational structure, we turn scale into strength and transform complexity into a competitive advantage, empowering the organization with the capacity for continuous evolution. True sustainability is not simply about longevity; it is about ensuring that with every decade, the enterprise emerges stronger and more robust than the one before.
Action Compass: The Six Strategic Principles for "Better" Growth
In the face of intense competition in the semiconductor industry, we have established six strategic principles as the Group's action compass: "Globalization, Greatness, Empowerment, Effectiveness, Succession, Happiness."
These six directions point toward a single core objective: shifting our growth from simply becoming "larger" to becoming "better." We will continue to strengthen our global presence and service networks, while leveraging digital transformation and AI tools for platform empowerment to reengineer processes and enhance decision-making efficiency. Concurrently, we
remain committed to seamless succession, ensuring that our partners receive consistently stable and trustworthy services.
Return to Essence: Serving as the Most Robust Bridge and a Well-being Enterprise
When reflecting on our positioning for 2025, we chose to return to the core essence of electronic component distribution: "Connection." We are not merely transactional traders; we are intermediaries and collaborators connecting technology with application, and demand with supply. We are dedicated to building a transparent, real-time connection ecosystem, enabling the efficient integration of information, logistics, and cash flows to maximize overall synergy.
Ultimately, all these efforts lead back to "People." A "Well-being Enterprise" is not a mere slogan, but our deepest understanding of sustainability. We are committed to empowering our employees, enabling our colleagues to master digital tools, reduce repetitive tasks, and create higher value. It is only when talent can continuously grow and feel trusted within our
organization that corporate value can truly endure; and only when we take good care of our employees can they, in turn, take excellent care of our customers and partners.
Looking back on 2025, it has been a journey of gratitude, and moreover, the beginning of building momentum.
We express our sincere appreciation to all shareholders, customers, and colleagues for your support over the past twenty years. Although the future is fraught with challenges, WPG Holdings will uphold our shared values of Teamwork, Integrity, Professionalism, and Efficiency. Rooted in robust governance and digital capabilities, we strive to become the most trusted
platform. Step by step, we will fulfill our commitment to "To Cultivate lasting partnership for sustainable success" as we march toward a truly sustainable next twenty years.
CEO of WPG Holdings Ltd.
Mike Chang
