Letter from Chairman & CEO

The COVID-19 pandemic has spread across the world since the beginning of 2020, posing great challenges to global economic growth and business operations. As an international brand specializing in network and communication equipment, PLANET Technology Corporation (PLANET) is committed to ensuring its business operations run as smoothly and effectively as before, and embedding CSR values into its corporate culture. At PLANET, we strive to put the best interests of its shareholders, employees, customers, partners and the society at the heart of all decisions. In the face of external challenges, we are still actively improving the performance of ESG practices, enhancing the global competitiveness of our own brand, and making great efforts to realize the sustainable development of the enterprise.

As for its global branding, PLANET launched a new corporate slogan, “Shaping Future Networking”, in 2020, demonstrating PLANET’s determination to connect its brand to a smart, user-friendly and sustainable digital era by continuously developing innovative network and communication devices and solutions. At the same time, we actively promote our products and solutions through digital marketing, maintain the interaction with global customers, and deeply cultivate regional market. Today, our brand is known to more than 140 countries around the world.

PLANET pays close attention to climate change issues and the trend of energy conservation and carbon reduction. In terms of product research and development, we have increased the proportion of the network equipment featured with intelligent, user-friendly management functions and energy-saving benefits. We have launched 95-watt PoE++ products, renewable energy network management solution, industrial-grade network transmission products and so on. They are made to comply with the international standards for environmental protection, meet various network infrastructures, and realize long-distance extension solutions for networking. Our innovative network equipment won the 29th Taiwan Excellence Award, greatly enhancing the brand's professional image. In addition, PLANET has long invested in the conservation of natural ecological water resources of Feitsui Reservoir and adopted the Pinglin organic tea plantation at upstream of the reservoir for more than 10 years, contributing to the conservation of clean water resources in Greater Taipei.

To realize sustainable human resource management, PLANET actively builds and optimizes an equal, friendly and healthy workplace to help employees achieve a better balance between career development, and physical and mental health. In terms of social engagement, we focus on educational issues and have been a long-time supporter of “remedial education/psychological counseling for disadvantaged children”. Since 2004, more than 9,000 disadvantaged children with poor academic performance or emotional/behavioral disorders resulting from family issues have regained motivation and confidence in learning and built a healthy character through the program. We hope that families, schools and the society can all benefit from this program.

PLANET is committed to the implementation of corporate social responsibility in its corporate governance, social engagement and environmental efforts, and has won the “Corporate Citizenship Awards” from CommonWealth Magazine for the 14th consecutive year. In line with the Sustainable Development Goals (SDGs) of the UN’s 2030 agenda, PLANET closely aligns its CSR strategy with international issues and concerns. Apart from improving corporate governance and the long-term impact of social care, we will focus more on climate change mitigation and adaptation in the next five years. By 2050, we will have achieved the goal of being carbon neutral so as to better protect the earth's environment. At PLANET, we are working together to realize the vision of global economic, social and environmental sustainability.

Finally, I would like to thank all PLANET employees, customers, distributors, suppliers, shareholders, and investors for their support. We will uphold the spirit of altruism and improve our business performance and CSR indicators in a long-term, strategic and innovative manner. With that, we will be able to break through new challenges and achieve economic growth, environmental sustainability and social harmony, thus realizing the sustainable development of the enterprise.

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