WPG was named one of the top 500 Chinese companies in terms of brand value, and its brand strength was highly recognized

On May 23, 2024, WPG Holdings , a leading international semiconductor component distributor dedicated to the Asia-Pacific market, was listed in the "2024 Top 500 Chinese Brand Value" list released by Brand Finance, a British brand evaluation agency . With its outstanding market performance and brand influence, WPG successfully ranked 247th, an increase of 38 places compared to 2023. WPG was able to achieve such results thanks to the company's accurate grasp of market demand and continuous optimization of business operation strategies.

Targeting the automotive supply chain and continuously improving brand value

In the entire semiconductor industry chain, distributors play an important role in connecting upstream and downstream demands. As one of the world's leading component distributors, WPG has a deep understanding of customer needs, pays close attention to industry hot spots, and penetrates into vertical markets, focusing on key areas such as automobiles, the Internet of Things, and consumer electronics, to provide customers with comprehensive and accurate services.

Especially in the automotive sector, China is showing strong development potential. In 2023, China's annual automobile production and sales will exceed 30 million vehicles, and the total production and sales will rank first in the world. With the transformation and upgrading of the automotive industry to intelligence, electrification and sharing, the market size maintains a steady growth trend. Against this background, WPG actively deploys in the automotive industry, works closely with supply chain partners, and is committed to the innovation of automotive technology. With outstanding product distribution capabilities and deep technical accumulation, WPG's four major groups, World Peace, Pinjia, Quanding and Youshang, can provide overall solutions from chips to systems, fully meet the diversified needs of customers, and significantly enhance their value position in the automotive supply chain field.

Practice ESG concepts and demonstrate corporate responsibility

Today, driven by the dual goals of the "dual carbon" strategy and market demand, achieving sustainable development has become a consensus and goal of all industries. As a world-renowned semiconductor component distributor, WPG has always regarded corporate social responsibility as a core priority. While ensuring steady growth in performance, it implements the ESG (environment, society, and governance) concept from the bottom up, starting from its core business and combining its own advantages to provide long-term support for solving sustainable issues.

In February this year, WPG received an A rating for the second consecutive year in the ESG report released by MSCI, an internationally recognized index agency. In addition, in the 10th Corporate Governance Evaluation Ranking released in April, WPG stood out from many companies and ranked in the top 5%. This series of honors is not only an affirmation of WPG's comprehensive strength, but also the best interpretation of its brand value.

As an important pillar of the national economy, the development trend of the semiconductor industry is a core indicator for measuring a country's level of scientific and technological development. In recent years, affected by global economic fluctuations, competition in the semiconductor industry has continued to escalate. In this regard, WPG will fully leverage the core advantages and brand influence of international distributors, pay close attention to market demand with keen market insight and forward-looking strategic vision, provide customers with efficient and reliable solutions, and ensure the security and stability of the supply chain. At the same time, WPG will also actively fulfill its social responsibilities. The company promises to achieve net zero emissions by 2050, and strive to be the first to achieve net zero emissions for the entire group's operating locations by 2030. By improving the use of green energy and promoting the green transformation of the industry, it will work with industry partners to create a sustainable supply chain and build a harmonious, inclusive, mutually beneficial and win-win industrial ecosystem.