Through long-term positive interaction with stakeholders by utilizing a multitude of communication channels, we respect and strive to protect the legitimate rights of all stakeholders, as we believe it to be the foundation of mutual trust and sustainable business. We realize that continuous two-way communication is the only means to put into practice sustainability and corporate social responsibilities in our management approach. The communication of each stakeholder in 2024 was reported to the Board of Directors on December 12, 2025.

Stakeholder Diagram

Stakeholders' status, issues of concern, communication channels, and response method in 2024

Stakeholders Concerned issues Communication channel
and frequency
Actions and ways
of response
Shareholders /
investors
  • Corporate Governance
  • Business performance
  • Risk control
  • Anti-corruption
  • Regular shareholder meetings
  • Regularly announce annual report, financial statement and monthly revenue report
  • Announcing significant information (ad hoc)
  • Accepting Press Interview (ad hoc)
Finance Department Ms. Chu
meijung.chu@namchow.com.tw

    Actions and ways of response

  • Internal group management meetings are held every month. Consolidated revenue was NT$23.738 billion, growing 4.65% year-on-year.
  • Held the Shareholders Meeting as required by law; held institutional investor conference two times; communicated with institution investors up to ten times.
  • Placed in the 36% to 50% percentile in the 10th Corporate Governance Evaluation.
  • 103 pieces of significant information released on the Market Observation Post System (MOPS). Financial information is also regularly disclosed on the corporate website.
Employees
  • Occupational Health and Safety
  • Anti-corruption
  • Labor / management relations
  • Training & Education
  • Regular and ad-hoc labor-management meetings
  • Ad hoc publication of internal reports and establishment of grievance hotlines and mailboxes
  • Ongoing education and training
  • Each factory holds regular or ad hoc labor/management meetings 2 – 4 times a year.
  • The Oils and Fats Product Development Division held a combined total of 30 internal training sessions and external seminars.
  • Welfare Committee meetings are held on a quarterly or ad hoc basis. Employee health seminars and health examinations were also organized.
  • The Company convenes ad hoc occupational safety meetings, fire drills and general safety/health education and training. We also run awareness campaigns on prevention of sexual harassment in the workplace.
  • More than 65,019 hours of annual training were conducted (in the categories of ethical business practices, regulatory compliance, food safety, occupational health and safety, and management affairs)
Consumers
  • Food quality, safety and certification
  • Product innovation
  • Product information and application
  • Service and consumer satisfaction
  • Placement of 0800 customer service hotline
  • Public announcement and interaction over the Company's website
  • Media coverage
  • Marketing campaigns
Consumer Line
0800-211-060
  • Press conferences and advertising.
  • Exhibitions and marketing events; product release information is also published through the WeChat public account from time to time.
  • Official website, 0800 customer service hotline, fan pages and diverse communication channels
  • The Facebook fan page of Namchow (Thailand) has a total of 152,596 followers.
  • BLN Restaurants & Caterings reached 13,724 followers, while Sina Weibo now has 6,300 fans.
  • Raw materials and products from Guangzhou Factory and Tianjin Factory have been submitted for testing more than 768 times.
  • There were no product recalls in any region. Each region also held simulated recall drills at least 2 times.
  • Engaged with consumers in collaboration with the 0800 customer service center to understand their needs, and make continuous improvements.
Corporate customers /
Distributors
  • Food quality, safety and certification
  • Product traceability
  • Service and consumer satisfaction
  • Product information and application
  • Irregularly hold product launches / seminars
  • Regular business visits
  • Annual contract review and communication
  • Telephone and email communication
Food Safety Office Ms. Chu
sandy.chu@namchow.com.tw
  • The Bakery Product Development Division visited customer premises to conduct a total of 26 in-store product proposal and new product training sessions.
  • The Oils & Fats Product Development Division organized 51 sessions including factory inspections by customers (internal/external), education and training, and audits. A total of 12 new product development projects were also opened.
  • Auditors in Mainland China regularly visit major customers in each region. In 2024, 20 customers were visited to listen to customer feedback and suggestions, conduct anti-fraud surveys and advocacy, and promote bilateral cooperation.
  • The “Customer Complaint Handling Procedure” was established to fulfill customer needs, build customer confidence, and engage in continuous improvement.
  • In 2024, four baking workshops were held in Taiwan, with a total of 252participants; four workshops on the application of imported butter were held, with a total of 118 participants.
  • Regular contact was maintained with distributors by phone and email every week. Monthly visits to distributors were also scheduled. Issues raised by distributors were dealt with promptly.
Government agencies and associations
  • Laws and Regulation Compliance
  • Food quality, safety and certification
  • Product information and application
  • Corporate Governance
  • Participation or hosting of forums
  • Issued official statements in line with government announcements
  • Issued official statements in line with regulatory announcements
  • Participation in seminars hosted by local governments or industry associations (ad hoc).
  • The latest regulations and announcements from the TFDA and the Department of Health are compiled by the Food Safety Office and food technicians on an ad hoc basis to ensure product compliance.
  • Product information is regularly uploaded to the TFDA food traceability system to ensure transparency and build an integrated supply chain. Product QR Code label management system was also introduced to track product distribution, strengthen management, and enable the rapid recall of problem goods.
  • Tianjin Factory participated in 10 seminars (ad hoc). Government memos and bulletins on new laws and regulations were also posted 43 times.
  • Guangzhou Factory participated 5times in the quarterly Food Safety Seminar and Food Safety Supervisor Training organized by the State Administration for Market Regulation; 7 self-inspection/ audits and 9 supervisory random product inspections were also conducted in accordance with official requests issued by the market regulator.
Media /
Social Network
  • Food quality, safety and certification
  • Marketing communication
  • Product innovation
  • Greenhouse gas emissions
  • Product launches (ad hoc)
  • Media coverage (ad hoc)
  • Press conferences (ad hoc)
  • Press releases (ad hoc)
  • Regional business divisions actively engage with stakeholders through FB fan pages, regular trade shows, seminars, and promotional events.
  • Live streaming, short videos, and other formats were employed to promote the company and product image. Company and product developments are also updated through platforms such as WeChat public accounts, Mini Programs, and video channels to strengthen company engagement with customers.
  • Actively participated in baking exhibitions and events like the China International Import Expo, collaborated with influential media within the industry, sponsored industry competitions, and explored cross-category, cross-discipline partnerships in China.
  • Namchow Group published 30 posts on its official public account in 2024, covering important information such as the opening of Namchow Food (Bangkok) Ltd. and participation in the CIIE for seven consecutive years.
Suppliers
  • Food quality, safety and certification
  • Supply chain management
  • Product traceability
  • Annual contract review and communication
  • Annual audit and source inspection
  • Routine meetings
  • Telephone and email communication
Purchasing Mr. Lin
procurement@namchow.com.tw
  • Meetings or video conferences were conducted on an ad hoc basis with suppliers to confirm delivery quality, product specifications, etc., to ensure that sources complied with food safety requirements.
  • To maintain the stability of the supply chain in China, we regularly review contract expiration dates. Suppliers were contacted by phone or email to ensure the validity of 250 contracts. The Company conducted on-site inspections at 57 suppliers in accordance with the factory inspection plan to ensure the safety of food sources.
  • Auditing colleagues in China participated in 487 supplier selection and negotiation meetings following the company’s procurement management procedures. This was primarily done to ensure that supplier qualifications met the company’s standards, and the supplier selection process was compliant and adhered to principles of fairness, transparency, and integrity. The company also conveyed its commitment to ethical and transparent business practices during the meetings and in tender documents.
  • BLN Restaurants & Caterings signed a “Primary Supplier Code of Conduct Commitment” with 40 suppliers.
  • Confirm the supply of seasonal ingredients or special ingredients on a quarterly basis.
Community and others
(NGOs, academia)
  • Laws and Regulation Compliance
  • Food quality, safety and certification
  • Greenhouse gas emissions
  • Waste management
  • Water Resource Management
  • Organize discussion and coordination meetings at Service Center of the industrial zone
  • Implementation of service number and grievance mailbox
  • Participation or hosting of forums
  • Participation or hosting of conferences
  • Media coverage
  • Hosting of special cultural activities
Ms. Chuang
CSR@namchow.com.tw
  • Continued to sponsor and participate in community engagement activities.
  • Businesses in China continued to participate in local poverty alleviation projects.
  • The 2024 Christmas market organized by BLN Restaurants & Caterings was attended by 21,034 people.
  • Our businesses Thailand are continuing to host tree-planting and forest trail clean-up events.