Corporate Sustainability

2022-03-22

CWE Group's First Title Sponsorship of the TPGA Challenge

Issued by: Chang Wah Electromaterials Inc., Chang Wah Technology Co., Ltd. and JMC Electronics Co., Ltd.

Issued on: March 22, 2022

In order to promote golf events in Taiwan and demonstrate corporate social responsibility, Chang Wah Electromaterials Inc. teams up with Chang Wah Technology Co., Ltd. and JMC Electronics Co., Ltd. to sponsor the Chau-Shi Series, one of the Professional Golfers' Association of Taiwan (TPGA) tours, in the name of the CWE Group between 2022 and 2024. The TPGA Tour kicked off its 2022 season with the Chang Wah Open at Hsin Yi Golf Club in Kaohsiung from March 23 to 26. CWE Group Chairman Canon Huang, a golf lover and a keen supporter of professional golf, was invited to attend the opening ceremony on March 22.

TPGA Tour usually organizes 14 events a year, and the Chau-Shi Series with a total of six tournaments throughout the year is one of the major events. The Series is sponsored by Chairman Chau-Shi Wong, the founder of Mercuries & Associates, Ltd. Of the Chau-Shi Series this year, CWE Group is the title sponsor of the first open tournament, which is also the opening event of the TPGA Tour. The tournament will run for four days from March 23 to 26, with a total prize pool of NT$3.15 million.

Chairman of CWE Group Canon Huang was invited to attend the tee-off on March 22, demonstrating his commitment to golfers and tournaments with actions. Mr. Huang said that this is CWE's first title sponsorship with a golf tournament, and he wished all players can produce their best performance and achieve their ideal scores.

For social contributions and promotion of sports, CWE Group has supported domestic sports developments in recent years. Sports which have been addressed include golf and gymnastics which lean towards individual competitions, and baseball which is more a team sport. In addition to cultivating talented athletes or elite teams, the Group starts to support events as title sponsors. Canon wishes to raise social awareness of sports and encourage the cultivation of sports talents in Taiwan through the power and influence of enterprises in order for more outstanding athletes to thrive on the world stage of golf.

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