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Investment in sustainability and cleanlinessInvestment in sustainability and cleanliness

Expanding into Green Energy - Diversified Development to Promote Carbon ReductionExpanding into Green Energy - Diversified Development to Promote Carbon Reduction

In 2021, HFC set up a dedicated green energy unit to develop green energy business, invest in new energy, and set up an independent solar energy division. The solar energy division was created as a separate entity, and “He Jun Energy” was established in 2022. By adhering to the three major directions of “prioritizing energy creation; accelerating energy storage; synchronizing charging and electricity sales,” He Jun Energy is committed to the development of green energy industry in all aspects of energy creation, storage and charging, and provides various green energy solutions to maximize the efforts for environmental sustainability.In 2021, HFC set up a dedicated green energy unit to develop green energy business, invest in new energy, and set up an independent solar energy division. The solar energy division was created as a separate entity, and “He Jun Energy” was established in 2022. By adhering to the three major directions of “prioritizing energy creation; accelerating energy storage; synchronizing charging and electricity sales,” He Jun Energy is committed to the development of green energy industry in all aspects of energy creation, storage and charging, and provides various green energy solutions to maximize the efforts for environmental sustainability.

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Supporting Green Finance - Investing in the Solar Energy IndustrySupporting Green Finance - Investing in the Solar Energy Industry

In terms of the “energy creation” business, He Jun Energy also plays a key assist role in the solar energy industry chain—green energy investment. By leasing suitable space and matching with system companies, we participate in the construction of solar power plants and provide reasonable remuneration to the lessor, thereby giving stakeholders a sustainable solution that satisfies both "environmental sustainability" and "economic development" at the same time. Since its establishment, He Jun Energy has continued to increase its investment in power plants, and it holds three types of sites: ground-based, water-based and roof-based plants. As of December 31, 2023, the number of metered self-constructed and acquired power plants has reached 211; 106 sites have been contracted and are under construction, with a combined capacity of more than 214MW. In 2022, He Jun Energy worked with Laketricity Co., Ltd., a French company, to jointly invest in a new type of fishery and electricity symbiosis site, in which solar energy, land, and farming are combined to achieve a win-win situation for enterprises, fishermen, and the environment as an important milestone for He Jun Energy to promote environmental sustainability and develop green energy.In terms of the “energy creation” business, He Jun Energy also plays a key assist role in the solar energy industry chain—green energy investment. By leasing suitable space and matching with system companies, we participate in the construction of solar power plants and provide reasonable remuneration to the lessor, thereby giving stakeholders a sustainable solution that satisfies both "environmental sustainability" and "economic development" at the same time. Since its establishment, He Jun Energy has continued to increase its investment in power plants, and it holds three types of sites: ground-based, water-based and roof-based plants. As of December 31, 2023, the number of metered self-constructed and acquired power plants has reached 211; 106 sites have been contracted and are under construction, with a combined capacity of more than 214MW. In 2022, He Jun Energy worked with Laketricity Co., Ltd., a French company, to jointly invest in a new type of fishery and electricity symbiosis site, in which solar energy, land, and farming are combined to achieve a win-win situation for enterprises, fishermen, and the environment as an important milestone for He Jun Energy to promote environmental sustainability and develop green energy.

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Developing Charging Station Business - Advancing Vehicle ElectrificationDeveloping Charging Station Business - Advancing Vehicle Electrification

"Electric vehicle" is a key part of "Taiwan 2050 Net Zero Emission Pathway and Strategy." The Government has also set the targets of fully electrifying urban buses and public service vehicles by 2030 and achieving a 100% market share of electric sedans and motorcycles by 2040. In terms of the “energy consumption” business, He Jun Energy actively responds to and addresses the “mileage anxiety” felt by people purchasing electric vehicles. In 2023, He Jun Energy officially entered the “charging pile industry” and established the brand, EV Run. The first Class 3A charging station (all brands, all specifications, and all operating hours), “EVRun Shilin Electric Vehicle Super Charging Station,” was opened in the June to provide full-time charging service for owners of all types of electric vehicles. Taking Lexus RZ450e as an example, a 30-minute charge can deliver 80% of the battery’s power for about 360 kilometers of driving. In addition, in 2023, 61 7KW charging piles were installed at 11 Shin Kong Mitsukoshi branches throughout Taiwan, providing a total of 60,000 kWh of charging service for about 7,000 vehicle visits in order to satisfy the needs of vehicle owners. As of the end of 2023, He Jun Energy has officially operated 80 charging piles."Electric vehicle" is a key part of "Taiwan 2050 Net Zero Emission Pathway and Strategy." The Government has also set the targets of fully electrifying urban buses and public service vehicles by 2030 and achieving a 100% market share of electric sedans and motorcycles by 2040. In terms of the “energy consumption” business, He Jun Energy actively responds to and addresses the “mileage anxiety” felt by people purchasing electric vehicles. In 2023, He Jun Energy officially entered the “charging pile industry” and established the brand, EV Run. The first Class 3A charging station (all brands, all specifications, and all operating hours), “EVRun Shilin Electric Vehicle Super Charging Station,” was opened in the June to provide full-time charging service for owners of all types of electric vehicles. Taking Lexus RZ450e as an example, a 30-minute charge can deliver 80% of the battery’s power for about 360 kilometers of driving. In addition, in 2023, 61 7KW charging piles were installed at 11 Shin Kong Mitsukoshi branches throughout Taiwan, providing a total of 60,000 kWh of charging service for about 7,000 vehicle visits in order to satisfy the needs of vehicle owners. As of the end of 2023, He Jun Energy has officially operated 80 charging piles.

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Cultivating Energy Storage Business - Committed to Building Energy ResilienceCultivating Energy Storage Business - Committed to Building Energy Resilience

In recent years, "energy storage systems" have become a potential emerging sector in the global power industry. The most important feature of the system is the ability to dispatch power in a timely manner without the need for human control. In addition, due to the indirect generation of renewable energy, the energy storage system can also improve the flexibility and response time of power dispatching. Energy storage systems play a key role in the development and establishment of energy resilience. In response to government policy, He Jun Energy completed its first energy storage system in 2023, with an installed capacity of 2MW. Since the September, He Jun Energy has participated in the power trading platform and provided the electricity frequency modulation and operating service for the entire Taiwan, thereby becoming a member of Taiwan’s stable power suppliers.In recent years, "energy storage systems" have become a potential emerging sector in the global power industry. The most important feature of the system is the ability to dispatch power in a timely manner without the need for human control. In addition, due to the indirect generation of renewable energy, the energy storage system can also improve the flexibility and response time of power dispatching. Energy storage systems play a key role in the development and establishment of energy resilience. In response to government policy, He Jun Energy completed its first energy storage system in 2023, with an installed capacity of 2MW. Since the September, He Jun Energy has participated in the power trading platform and provided the electricity frequency modulation and operating service for the entire Taiwan, thereby becoming a member of Taiwan’s stable power suppliers.

Cultivating Green Talent - Accumulating Sustainable Human CapitalCultivating Green Talent - Accumulating Sustainable Human Capital

Following the successive amendments to the Electricity Act and the Renewable Energy Development Act, the government adopted the green power first principle to liberalize the direct supply, sub-supply, and free trading of renewable energy power retailers to open up a brand-new trading model, thereby implementing green electricity liberalization. To capture sustainable business opportunities, in 2023, He Jun Energy also officially established an electronics sales subsidiary, “Hejun Electricity,” and obtained a power sales license in September. The subsidiary is expected to expand the green power trading market in 2024 and assist various companies in green power trading.Following the successive amendments to the Electricity Act and the Renewable Energy Development Act, the government adopted the green power first principle to liberalize the direct supply, sub-supply, and free trading of renewable energy power retailers to open up a brand-new trading model, thereby implementing green electricity liberalization. To capture sustainable business opportunities, in 2023, He Jun Energy also officially established an electronics sales subsidiary, “Hejun Electricity,” and obtained a power sales license in September. The subsidiary is expected to expand the green power trading market in 2024 and assist various companies in green power trading.