World Known MFG Listed in Forbes Asia’s '200 Best Under A Billion 2024’

Forbes magazine recently announced its Forbes Asia’s “Best Under A Billion 2024” list, highlighting top 200 Asia-Pacific public companies under $1 billion in revenue. World Known MFG (stock code: 4581), a leader in commercial vehicle component manufacturing, has been selected for the list, becoming one of the 20 Taiwanese companies to be listed.

This selection was made from over 20,000 companies across Asia, with the main evaluation factors including:

● Financial performance: annual revenue and profitability

● Growth potential: recent revenue and EPS growth

● Corporate governance: excluding companies with governance concerns

● Environmental responsibility: emphasizing corporate environmental performance

● excluding state-owned enterprises and subsidiaries of large corporations

Joshua Chen, General Manager of World Known Precision Taiwan (WKPT), the subsidiary of World Known MFG, stated: "We are honored to be selected for Forbes Asia’s Asia-Pacific Top 200 small and midsized public companies. This recognition is an affirmation of the hard work of all our employees and motivates us to continue breaking through challenges."

As Taiwan's largest manufacturer of commercial vehicle components, WKPT has been actively expanding into the new energy sector in recent years, developing components for energy storage equipment and electric vehicle chassis, and establishing partnerships with global commercial vehicle and heavy machinery manufacturers. In terms of smart manufacturing, WKPT has established smart production lines, not only increasing production efficiency by 19% but also achieving a 6% reduction in carbon emissions compared to traditional manufacturing processes.

Looking to the future, WKPT will continue to deepen its manufacturing technology and expand its market share in metal component industry applications, contributing to Taiwan's economic development and enhancing its international competitiveness.

Read more: Optimize Process Programs to Reduce Carbon Emissions