Chairman's Address

Time flies, and we have entered a new era filled with change and challenges. 

 

Looking back on 2024, it was an extremely challenging year, marked by major natural disasters—including a powerful earthquake and typhoons. A magnitude 7.2 earthquake struck Xiulin Township near our Hoping Plant, followed closely by a typhoon that triggered the highest level of alert. These events caused significant damage to the Hoping Cement Plant, Hoping Power Plant, and Hoping Port.

 

The major repairs took approximately ten months and were mostly completed by January of this year. Although I personally visited the plant eight or nine times, ongoing maintenance issues and hidden internal damages continue to emerge. While this may not be solely attributed to inadequate management, it could be one of the contributing factors. As a result, the plant’s operations over the past 12 months have been extremely disrupted, even though we have been consistently working on restoration efforts.

 

However, 2024 was also a pivotal year for TCC as we took significant steps toward internationalization. Amidst turbulent global affairs and a rapidly shifting world economy, we have always believed: In times of chaos, true leadership emerges; in moments of upheaval, vision is needed more than ever.

 

Gazing at the stars, we remain humble; looking down at the earth, we are grateful. This era has given us not only the opportunity for business, but also the mission to create value and contribute to the future of humanity. We firmly believe that, in our limited lifetimes, leaving a mark on the world is the most important work.

 

 

This year, we will continue to uphold the spirit of “looking up at the stars, while keeping our feet on the ground.” We will strengthen our core advantages, maintain our reputation for quality, and drive innovation to unlock limitless possibilities for our products and markets. Because we believe: the best way to predict the future is to create it ourselves.

In the face of the energy transition, TCC is not just a participant but a driving force. We are actively investing in renewable energy and emerging technologies, expanding our new energy footprint, and transforming the challenges of green transition into opportunities for corporate growth. Amid the wave of technological revolution, AI is our powerful engine for transformation and upgrading. We have already integrated artificial intelligence into various aspects of production, operations, and customer service to enhance efficiency, reduce costs, and optimize decision-making. We will continue to focus on cutting-edge technologies and stand at the forefront of change.

As the global political and economic landscape grows increasingly complex, TCC's strategy of “deep local roots, global presence” demonstrates our resilience against risks. We do not chase short-term gains, but instead lay out a solid plan for long-term value. In the face of geopolitical tensions and economic slowdowns, we will continue to optimize our strategies, build diverse supply chains, strengthen financial management, and adhere to our “East-West advancement, North-South balance” international layout—turning uncertainty into momentum for growth. 

Over the past decade, we have weathered market fluctuations and industry transformation, yet our original intention has never wavered; our resolve has only grown stronger. We are well aware: This is not just about cement, nor is it only about climate; it is about the kind of future world we choose to build for our children.

 

We pursue a balance between development and sustainability, a respect for life and the environment—not just the accumulation of cold numbers.

 

Therefore, this year, TCC's theme is

Mobilis in Mobili—Change within Change.

 

 

 

 

In 2025, a year of uncertainty and challenge, we are guided by sustainability and powered by technology, moving toward smart manufacturing and a low-carbon future. We are especially launching the DIN (Digital Intelligence Navigator) program, to attract new-generation talent with digital thinking, green vision, and interdisciplinary abilities. We are not just looking for colleagues—we are seeking pioneers to co-create the future. In a time of constant change, we strive to transform with precision and advance steadily through the waves of transformation.

 

Looking ahead, we are fully aware of the uncertainties surrounding the global economic environment and market outlook. Both the capital and foreign exchange markets may experience significant fluctuations. This year’s business performance may not necessarily surpass that of last year. In the face of these challenges, our team will redouble their efforts to drive transformation and innovation. Encouragingly, as our strategic plans continue to take shape, we maintain a cautious outlook for the coming year, with a strong commitment to achieving improved results. We sincerely thank our shareholders for their continued trust and support. Together, we strive forward with resilience and determination, building a stronger and more sustainable future.

 

 

 

 

Let's lift our eyes to the stars, with dreams in our hearts.

Let's walk with purpose, grounded in faith and resolve.

Let's hold reverence for nature, and guard the home we all share.

Let's embrace changes, and move forward with grace and strength.

Let's join hands and hearts, to create a glorious future together.

 

TCC Group Holdings CEO

Nelson An-ping Chang