Central News Agency, Taoyuan, May 25. Chung-Hsin Electric & Machinery (CHEM) Chairwoman Chiang Fu-nien stated today that AI computing power and the net-zero transition are reshaping global energy demand, providing long-term growth momentum for the company. CHEM aims to capture energy transition opportunities to drive stable growth in operations and market value. CHEM held its shareholder meeting in Taoyuan today, approving various proposals including a cash dividend of 6 TWD per share. Chiang noted that the company achieved a record-high earnings per share of 8.07 TWD last year. CHEM continues to focus on green energy as its core development axis. Benefiting from the AI boom, demand for data center (IDC) cooling systems is rising, and the company is also expanding into hydrogen fuel cell buses. Furthermore, by leveraging its precision machining technology, CHEM has entered the semiconductor and optoelectronic equipment markets, securing orders from international manufacturers.
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- Source: CNA (Central News Agency)
- Category: finance