A Circle that joins sky and earth
Symbolizing a management concept with a vision for global operations, linked with the corporation’s history and traditions.
The elements
The basic geometric shapes of a square and circle symbolizes the "Wai Yuan Nei Fang" principle, the Chinese spirit for being tactful in an outward manner but stern in self-discipline. Therefore, knowing what to do and what not to do is also the standards in which we base our business model on. The shape also represents the ambitions of becoming the global leader.
The color red
Signifies an honest management style and a passionate, bright and energetic corporate spirit.
Sustainability
We insist on sustained business operations to guarantee a safe and stable work environment and livelihood for our employees and strive to contribute to a steady development of society to fulfill our corporate role as a social citizen. We also pursue the principles of environmental sustainability and actively employ technology to make the best use of our natural resources, developing and selling products that are beneficial to our health and the environment.
Environmental Protection
We are dedicated to continuous improvement of our products, production processes, and technicalities in an effort to meet international standards. We also aim to create green business opportunities and upgrade our different business areas based on revolutionary thinking and practices.
Altruism
We embrace the concept of social responsibility and endeavor to make lasting and meaningful contributions to society. We also continually adjust our involvement in social welfare activities based on current social demands. We firmly believe that social welfare should be aimed at those in need and actively promote an organic use of resources. Our goal is turn our social concern and activism into an organized, systematic, self-supporting and continuous involvement.
Honesty
We are firmly convinced that there should be a clear standard for proper conduct for every situation and we therefore value trust and honesty in our business and personal dealings
Discipline
We strive to implement a strict and rigorous management system that is based on firm discipline
Pragmatism
We put great emphasis on every single step and detail and rely on a factual approach to problem solving. We also believe that it is necessary to proceed step by step instead of resorting to empty slogans and setting unrealistic goals. We prefer a down-to-earth approach in our quest for perfection.
Focus
We place equal importance on all business areas and strive to continually improve our productivity, product quality, and product range in an innovative spirit. We implement a clear division of duties with well-delineated responsibilities and select problem solution strategies that are based on a clear understanding of core issues.
Innovation
We are never satisfied with the status quo and always strive to acquire new knowledge and achieve constant improvements. We firmly believe that a progressive spirit, familiarity with the latest trends, and transformations that are based on new technologies are indispensable to enhance individual and organizational competitiveness.
1924
Ho Jei Lai Trading Company
Mr. Ho Chuan, and his brothers, Mr. Ho Yung and Mr. Ho Yi, established Ho Jei Lai Trading Company., a company in their father’s name. The company mainly dealt in fertilizers, sugar, and grain.
1934
Yuen Foong Corporation was established and the business went corporatization.
1950
Yuen Foong Yu Paper Manufacturing Co., Ltd Established
The first paper manufacturing plant located in Jioutang Village, Dashu District in Kaohsiung. The plant manufactured one-side coated paper and Kraft paper, and the company is widely regarded as the pioneer of privately owned paper manufacturers in Taiwan.
1960
Developed the First Domestic Coated Paper
Successfully developed and mass production the domestic coated paper to replaced the imported products resulted to YFY's leading position in cultural paper market.
1966
Merged with Yuen Foong Paper Co., Ltd. ( The company located at No. 21 Gushan 3rd Rd., Kaohsiung City)
1968
Chung Hwa Pulp Co., Ltd
In response to the investment policy in the east coast, YFY invested CHP in Hualien city. In the same year, the company constructed Taitung plant to manufacture coated white paper board.
1972
Merged with Guo Guang Paper Co., Ltd.
Manufactured the first embossed tissue paper in Taiwan.
1977
YFY shares listed in Taiwan Stock Exchange.
1980
Established Taiwan's first Paper Manufacturer R&D Center
Established Taiwan's first and the only paper manufacturer R&D center, focus on the paper manufacturing technology innovation and development.
1986
Launched "10 Billion Grand Vision Investment Plan"
˙Established the company's paper industry foundation.
˙Cultivate and training talents for the company.
˙Launch strategy of business diversification.
Step into paper packaging manufacturing business
Taoyuan packaging plant commenced production.
1987
Yangmei plant commenced production to elevate competitiveness in the household paper product market.
1988
Issued the first exchangeable bond in Taiwan with the shares of YFY subsidiary Chung Hwa Pulp Co., Ltd as underlying stock.
Issued the first Convertible Preferred Stock in Taiwan
Merged Yuen Foong Yuan Paper Manufacturing Co., Ltd.
1989
Issued the first Foreign Convertible Bond.
1990
Completion of the Xinwu Mill for the production of Kraft paper.
1992
Invest in Technology Business. Invested in E-Ink as the pioneer company in LCD panel industry.
Design and manufactured CHP's No. 2 paper dryer machine and commenced production.
1993
Extended Footprint to China.
Built plants started from Guanzhou, Kunshan to Xiamen to developed southern China market. Built household paper plant in Kunshan. Invested Guangdong Dingfeng Pulp and Paper Co., Ltd for pulp market.
2000
Joint investment with Chung Hwa Pulp in Ding Feng Pulp and Paper Co., Ltd. in Guangdong province.
Step into Organic Diet Industry : Set up Yuen Foong Yu Biotech Co., Ltd. to develop organic diet in Taiwan and China. Through the various channel such as retail shops, door to door delivery, organic restaurant to promote organic diet to consumers.
2001
Invested in TaiGen Biotechnology Co., Ltd.
Invested in incubate pharmaceutical R & D company, TaiGen Biotechnology, as the leading company in Taiwan Biopharmaceutical industry.
2003
Expand Investment Portfolio into Biomedical Business
Set up YFY Biotech Management Company and form a consulting incubate team for the investment evaluation and business operation of biopharmaceutical industry.
The subsidiary Laiya Co. signed a purchase agreement with P & G Taiwan to acquire Qinshui plant.
2004
E-ink listed in Taiwan OTC board.
Set up YFY Paper(Vietnam) Co., Ltd as a step into the Vietnamese market.
Set up subsidiary YFY Paper Manufacturing( Yangzhou) Co., Ltd. Officially enter China's containerboard manufacturing industry.
2005
Containerboard and Package Paper Division spun off and renamed YFY Packaging Inc.
The first e-reader device using e-paper launched in the market and E-ink supplied the key component -- e-paper.
Laiya company was renamed to Yuen Foong Yu Consumer Products Co.,
2007
Consumer Product Division spun off into Yuen Foong Yu Consumer Products Co., Ltd.
Signed strategic alliance memorandum of cooperation with Japan's Nippon Paper Group, Inc.(NPG).
2008
Expand Technology Business Further.
YEON Technologies Co., Ltd. established Asia Pacific RFID Certification Center, which is the only RD center that qualified by EPC Global in Asia.
Acquired the first FSC certification for forest management in domestic paper manufacturing industry.
2009
YFY Packaging Inc. established an Packaging Examination Center and it was certified by a international organization from Taiwan Accreditation Foundation(TAF) to be the only ISO/ IEC 17025 containerboard packaging lab in Taiwan.
Acquired Jupiter Group, one of the top-three packaging and brand design companies in the USA, and established YFY Jupiter.
Acquired a leading company with technology of Electronic Paper Display (EPD) and e-paper R & D and mass production company, E Ink Corporation (EIC) USA, , to further expand the development and sales footprint of e-paper.
2010
Acquired Arizon RFID Technology (Yangzhou) Co., Ltd.
Established Yuen Foong Yu Blue Economy Natural Resources (Yangzhou) Co., Ltd. to utilize agricultural straw in the biopulping progress.
2012
Transferred Paper and Paperboard Division to Chung Hwa Pulp Co., Ltd., which streamlined pulp and cultural paper under the same management team.
YFY INC.
Yuen Foong Yu Paper Manufacturing Co., Ltd. renamed to YFY INC., the investment holding structure established.
2013
After 12 years cultivation and development, the new eco technology of nPulp commenced production in Yangzhou plant.
2014
The technology of nPulp, recycling agricultural by-product to produce pulp, won Edison Award from the USA.
Established YFY Shop to develop a platform for e-commerce and monetary service.
Arizon RFID Technology (Yangzhou) Co., Ltd. commenced new plant.
2016
Shin Foong Specialty & Applied Materials Listed in OTC market.
2017
New factory of Eco-friendly cleaning product, Orange House, commenced production in Taoyuan.
Shin Foong Specialty & Applied Materials Listed in TWSE board.
2019
The largest biogas power generation facility in Taiwan commenced operation in Xinwu Plant.
2020
2020 YFY Industrial Paper Co., Ltd. became the first company in the global paper industry to acquire BS 8001 Circular Economy certification.
2021
YFY Academy is established to focus on renewable materials, renewable energy and digital intelligence.
YFY CPG Listed in TWSE board.
2022
Established Carbontech & Management Group
2023
ENSILIENCE and Chunghwa Pulp jointly build the Taiwan's first behind-the-meter energy storage system in co-generation power plant.
Arizon Listed in TWSE board.