Wanwei Materials Plans to Buy Back 500 Shares of Its Stock in Price Range of NT$31 to NT$79

Wanwei Materials (6967) has announced a buyback of treasury stock aimed at maintaining shareholder rights and stabilizing market confidence, following a board resolution on the 18th. From April 21, 2025, to June 20, 2025, the company plans to repurchase 500 shares, with a maximum buyback amount of NT$517 million, and a buyback price range between NT$31 and NT$79. The company will continue to repurchase if the stock price falls below this lower limit.
Wanwei stated that this buyback reflects its confidence in the company’s value and future operations, which will help optimize its capital structure, improve earnings per share and return on equity, and might also transfer shares to employees as an incentive tool.
The company is also actively adjusting its strategy to develop high-value-added products, focusing on high-growth markets such as AI servers and electric vehicles. Through refined order management, it aims to enhance the demand penetration of high-performance materials in niche markets, achieving a first-quarter consolidated revenue of NT$295 million, a year-on-year increase of 0.65%.
Looking ahead to 2025, Wanwei remains cautiously optimistic about overall operations despite uncertainties from the US-China trade war and global economic fluctuations. The company has proactively arranged and continues to communicate closely with key end brands regarding order shipment schedules, adapting to external environmental changes. By investing in a new factory in Thailand, expanding operations in Malaysia, and optimizing layout in Vietnam, Wanwei is establishing a flexible supply chain to effectively mitigate geopolitical risks.
In the face of increasing applications of high-performance computing and generative AI, and the rapid rise of new fields such as electric vehicles, industrial computers, and AIoT, Wanwei plans to leverage its technological strengths and over 50 key patents to implement a three-pronged growth strategy that includes expanding global production capacity, aggressively pursuing new customers, and deepening differentiation in niche markets.