Overview
In 2025, Nan Ya Plastics Corp. (NPC) recorded a consolidated revenue of NT$259.91 billion, marking a 0.1% increase from NT$259.61 billion in 2024; and consolidated pre-tax income of NT$6.46 billion, reflecting a 42.8% growth from NT$4.52 billion in 2024.
The Company has undergone multiple industrial transformations since its establishment. Currently, revenue from electronic products and materials constitutes the largest share, reflecting the Company’s strategic transformation into a “diversified portfolio” with a primary focus on the electronics sector. In recent years, the operating environment has been subject to multifaceted pressures arising from market dynamics, geopolitical developments, technological innovation, and sustainability trends, compelling enterprises to pursue ''innovation-driven development'' and continuously identify opportunities amid adversity.
In 2025, driven by the AI boom, demand across the supply chain expanded rapidly. Supported by the strong performance of the Company’s electronic materials business, as well as significant profit contributions from Nan Ya Printed Circuit Board Corp. (Nan Ya PCB) and Nan Ya Technology Corp., the Company achieved overall profit growth.
In addition to electronic materials, the Company’s business portfolio also encompasses plastic processing, chemical products, and polyester products.
In terms of plastic processing,
advancement in processing technology has led to the development of new applications, new materials, and eco-friendly products for the medical industry, such as wafer protection film, spacer for optoelectronic applications, and leuko-reduction blood bag set. These products have been widely applied across various industries. Simultaneously, the production lines have integrated automated monitoring equipment to enhance machine production efficiency, while actively expanding into high-end and high-potential emerging markets, enabling stable and steady operational growth.
In terms of chemical products,
the global chemical market continued to face pressure from capacity spillover from Mainland China, intensified competition, and weak end-market demand. As a result, market prices for most chemical products declined, leading to operating losses in the chemical products segment. Going forward, the Company will continue to optimize and consolidate production lines, introduce new products, and strengthen expansion into markets outside Mainland China in order to improve revenue performance and profitability.
In the field of polyester products,
revenue declined due to the impact of U.S. tariff policies, excess production capacity, and low-priced dumping from Mainland China. The Company has developed advanced polyester recovery technologies and established a polyester recycling brand, “SAYA.” In addition, the Company has launched differentiated products, such as polyester pellets for medical applications and colored yarns for 3C transmission cables. It has also collaborated with Japanese partners to co-develop new products, expanding the application scope of fiber products and further enhancing overall business performance.
In the field of electronic materials,
driven by the rapid advancement of artificial intelligence (AI) technologies, demand for AI servers and high-performance computing (HPC) has grown significantly. Coupled with a tight supply of advanced materials and rising copper prices, both volume and prices of products such as copper clad laminates (CCL), copper foil, and fiber glass yarn and fabrics increased, resulting in simultaneous growth in revenue and profitability.
The electronic materials business will continue to focus on the development of high-frequency, high-speed, low-dielectric, and low-coefficient-of-thermal-expansion materials, strengthening its presence in advanced manufacturing processes and high-end applications. In addition to producing mid-to-high-end raw materials in-house, the Company will collaborate with international industry leaders through capacity complementarity, expanding both production and sales capabilities, actively develop electronic-grade chemicals and semiconductor materials, further deepening its presence in the electronic materials market.
Leveraging its comprehensive upstream and downstream vertical integration, the Company benefits from a stable supply of raw materials and one-stop supply capabilities, enabling it to effectively meet customer needs, strengthen market competitiveness and growth momentum, and further enhance overall performance.
In the field of circuit boards, Nan Ya PCB has long been deeply involved in the IC carrier board market and has collaborated with customers to launch next-generation high-end server and switch, telecommunications, AI, and high-performance computing chip application boards. In 2025, driven by increased sales of application products such as high-end switches and graphics processing units (GPUs), both revenue and profitability recorded significant growth.
The reinvested subsidiary, Nan Ya Technology Corp., is dedicated to developing, manufacturing, and selling DRAM products. In 2025, major international memory manufacturers shifted production capacity toward advanced process technologies and High Bandwidth Memory (HBM), resulting in tighter supply in the DDR4 market and a significant rebound in market prices. Benefiting from the price recovery and an optimized product mix, Nan Ya Technology Corp., recorded its best quarterly profit in the fourth quarter in nearly five years, driving full-year operations from loss to profit.
In response to evolving geopolitical and economic conditions as well as technological advancements, the Company announced four major transformation strategies as its core business direction in June 2024: ①product transformation, ②business transformation, ③low-carbon transformation, and④digital transformation. These strategies will support the Company’s development across three key directions: ①Semiconductors and advanced electronic materials, ②Decarbonization, new energy, and low-carbon products, ③Biotechnology and healthcare sectors. The four transformation initiatives are outlined as follows:
- Product Transformation: Increase the proportion of high-value and differentiated products, develop new application areas, and expand into new markets.
- Business Transformation: Develop new businesses, products, and technologies, seek business transformation, and deepen the Company’s industry layout.
- Low-Carbon Transformation: Expand green products, focus on energy-saving and carbon reduction, and implement the circular economy.
- Digital Transformation: Apply digital technologies, enhance AI applications, and achieve digital transformation to enable intelligent operations.
Looking ahead to 2026, the operating environment will continue to face multifaceted pressures arising from market dynamics, geopolitical developments, technological innovation, and sustainability trends. The Company will remain guided by the core principles of “diversified portfolio” and “innovation-driven development,” seeking opportunities amid adversity, with “accelerating transformation” and “strengthening operations” as its key execution priorities.
''Business transformation'' is a long-term and challenging process that requires time to take effect. In order to achieve more immediate results in the short term, the Company will first advance ''product transformation'' by optimizing its product portfolio, enhancing the mix of differentiated products, and improving profitability in the near term. At the same time, the Company will leverage artificial intelligence technologies to deepen management capabilities and establish a comprehensive digital platform. By balancing both short-term initiatives and long-term development strategies, the Company expects its operational performance to continue improving steadily.
At present, the Company is advancing 42 transformation projects through either in-house research and development or external collaborations. By 2030, the Company plans to invest a total of NT$12.4 billion, which is expected to generate an estimated annual output value of NT$42.6 billion. Going forward, the Company will continue to deepen its strategic deployment across the following key areas:
- Development of a new medical materials business – The Company plans to initiate the development of 21 products. In the initial stage, four key products—leuko-reduction blood bag set, cell culture bags, vacuum blood collection tubes, and anti-adhesion membranes—will serve as the core focus for establishing the Nan Ya medical materials brand, followed by the expansion into additional product categories.
- Investment in semiconductor materials – The Company plans to undertake the development of 6 products, including thin films for semiconductor processing, G2 electronic grade hydrogen peroxide, electronic grade CO2, and PFA (Perfluoroalkoxy alkane) tubing, etc.
- Establishment of a comprehensive power solutions business – In view of the substantial electricity demand associated with large-scale data centers, a robust power grid system is essential. In addition to its existing power distribution products, the Company will collaborate with overseas partners to develop extra-high-voltage transmission equipment and participate in projects aimed at enhancing power grid resilience. In the field of power transmission and distribution, the Company will transform from a “single equipment supplier” into a “provider of integrated power system solutions.”
In terms of environmental sustainability, the Company is actively engaged in the development of high value-added green products, while implementing initiatives such as water conservation, energy efficiency improvements, and waste reduction. Internally, the Company promotes multiple recycling and reuse mechanisms to reduce resource consumption. Externally, it actively collaborates with upstream and downstream value chain partners to expand the market for low-carbon recycled products. In addition, a number of the Company’s products have obtained ISCC Plus certification, demonstrating its strong commitment to sustainable operations.
Furthermore, with the goal of achieving “Carbon Neutrality by 2050”, the Company is implementing strategies including “low-carbon energy transition”, “energy conservation, carbon reduction, and circular economy practices”, “increasing renewable energy usage,” and “the application of carbon capture technologies”. Through these concrete actions, the Company aims to respond to the global decarbonization trend and establish a business model that balances growth and sustainability.
In terms of management enhancement, the Company will focus on establishing a high-efficiency operational management system. It will continue to introduce artificial intelligence technologies into equipment and production processes, integrate digitalized data, and build a comprehensive management platform to strengthen process optimization and control. These initiatives will help improve product quality while reducing raw material and energy consumption. By leveraging big data analytics and automated management systems, the Company is committed to building a forward-looking and resilient smart manufacturing system, thereby laying a solid foundation for the Company’s long-term growth.
In terms of new expansions and investments, several investment projects are scheduled to be completed and commence operations in 2026. These include the production of release film at the Shulin Plant in Taiwan, PET-modified pellets at the Linkou Plant, the solar system installation at the Xingang Plant, and the production of flexible PVC sheeting at the Texas Plant in the United States.
In the coming years, the Company will continue to carry out expansion projects, including the PFA (Perfluoroalkoxy alkane) tubing and fittings at the Chiayi Plant, electronic grade liquid CO2 at the Mailiao Plant in Taiwan, copper foil production at the Huizhou Plant, and epoxy resin expansion at the Kunshan Plant in Mainland China. In the future, in addition to production line upgrades, the Company will also respond to industry development trends, international trade dynamics, and supply chain changes by timely and strategically investing in new businesses and high-value products to drive continuous growth in performance.