Founded in 2000, the origin of Efun was engaged in the manufacture of various optical products. The former chairman, Mr. Tang Shijie, who had been in the optical industry for years, realized that despite the booming development of the LCD industry in Taiwan at the time, the key component optical film still relied on foreign corporations for supplies. However, due to their reliance on patent barriers and technical advantages, they not only charged exorbitant prices but also provided poor service quality. Thus, Mr. Tang, drawing on his accumulated technical experience from years of working in the plastics industry, invested in the development and production of optical film-related technologies. At that time, optical film was an unfamiliar industry in both Taiwan and mainland China, and there was no technical precedent or profession to reference. And under the heavy restrictions of numerous patents held by foreign corporations, the manufacture of optical film actually faced great obstacles and challenges. For a technical worker originally engaged in a traditional industry, it was a difficult test to recklessly invest in the technology and capital-intensive electronics industry. However, under the expectation of enthusiasm and self-challenge, from ignorance of optical products, step by step building the materials, optics, mechanical and electrical, chemical and other related basic technologies, to the complete production line equipment, one by one completed under the insistence of Mr. Tang. In the process, in addition to the consumption of large amounts of capital, there were long nights waiting for results beside the production equipment. 


In 2003, the optical film products of Efun overcame patent obstacles and established its own production line to begin mass production. The quality and technology could compete with foreign companies, and with the support of all domestic and foreign LCD panel manufacturers, after five years of cautious efforts, the company's optical film products began to enter the market, breaking the monopoly of foreign companies. In order to continue innovation and sustainable operation, Efun aggressively applied for a public offering and successfully entered the OTC market in 2006. To expand the product line, it then invested in the development and manufacture of ITO transparent conductive film and thin film solar technology. Efun then became a leading company which integrated those competitiveness technologies in both shores of Taiwan strait. 


In response to the changes in the market, Efun's product values have gradually declined due to competition from peers across the straits. Beginning in 2015, we gradually reviewed our company's technology, and after five years of efforts, drawing on our nearly two decades of experience in developing and producing optical film and photovoltaic film and the complete production equipment for optical and photovoltaic film established over the years, after the optical film, we has entered the high-value-added film manufacturing field. Recently, we have also opened up our complete film production technology and equipment, actively collaborating with domestic and foreign companies to develop high-value-added products. In terms of collaborative innovation, we are focused, dedicated and trusted by our customers. In addition to our own products, the high-value-added films developed with US and Japanese companies have already begun to enter the market in recent years and have received extremely high recognition from customers. In recent years, based on the accumulated experience of film technology, in addition to optical films, we have also actively invested in developing new functional films and application products for medical, automotive and general life needs, creating a new film market. 


As a developing enterprise, upholding the entrepreneurial spirit of continuous innovation, with the support and recognition of customers for the past twenty years, Efun expects to advance further with the current resources, and will continue to focus on developing advanced film technology to support related industries. In addition, we will make our greatest efforts to give back to society in terms of environmental protection and corporate responsibility. 


Rooted in the spirit of innovation that has characterized Efun since its founding, we have continuously challenged new film technologies since its foray into developing optical film technology. It has developed various optical and photonic film products through its concerted efforts. This professional dedication has widely been recognized and cooperated with by various industries across the Taiwan Strait. Currently, Efun is one of the few that possesses a complete optical and opto-electronic film development and production platform, inclusive of micro-structure mold technology, roll-to-roll photo-polymerization coating technology, and roll-to-roll vacuum deposition technology in the industries across the Taiwan Strait. As such, it can integrate these technologies to develop novel films that are beyond the reach of most companies. For instance, the highly acclaimed Ultimate screen, a high-resolution silver screen that has swept the two shores and received high praise from director Ang Lee, is a result of the integration of Efun's technological platform. Our well-developed technology platform enables us could quickly grasp and complete various tasks to respond to customer and market demands with the utmost efficiency. In addition to actively developing new products that align with market trends, the company also plans to provide customers with an open process platform for OEM services in order to offer a more diverse range of cooperation modes, leveraging its wealth of film experience and technology. 


Innovation serves as a weapon in the market competition for Efun, whereas honesty and practicality constitute the tenets of our corporate governance. We have long upheld a principle of open and fair interaction with both suppliers and customers, fostering a symbiotic relationship where all parties prosper. Our company abides by its commitment to clients, preserving their business confidentiality, refraining from purloining their ingenuity, and exerting every effort to support them in surmounting challenges and fulfilling tasks. Under this vision, we have established long-standing respect and trust from both customers and suppliers, gradually building an alternative source of competitiveness beyond our technical prowess. 


Since its inception, Efun has taken the safety of its employees as a paramount task in its operations. Therefore, in addition to meticulously adhering to the various industrial safety regulations prescribed by laws and regulations, Efun continually requires its employees to undergo internal and external work-related education and training as mandated. Furthermore, efforts are made to cultivate a congenial workplace and procure adequate equipment, allowing employees to perform their duties with peace of mind and safety. 


Our products and production technologies are closely tied to energy efficiency and environmental friendliness. For example, early anti-glare film products were energy-efficient and allowed LCD displays to increase brightness without increasing energy consumption. Furthermore, Efun has invested in projects such as solar power, and our current film screens are a standard example of energy-efficient products. Our manufacturing process also adheres to environmentally-friendly principles, incorporating a solvent-free and non-polluting curing process, rather than the typical solvent-based application process. Energy efficiency and environmental friendliness are a central part of our company's vision and will continue to be a guiding principle in our future development and technological advancements. 


We also enhanced the installation of solar power station inside the factory to maintain the vision of carbon reduction, which may provide our customers a strength competition under the coming ESG regulation.